Airline group sees virus hurting travel for at least five years
Demand for air travel will lag behind pre-coronavirus forecasts for at least five more years, according to the latest projections from the International Air Transport…
Australia’s China addiction leaves it vulnerable to trade spat
Australia is the most China-reliant economy in the developed world, leaving it vulnerable to blowback from Prime Minister Scott Morrison’s calls for an independent probe…
Johnson says airlines must keep low carbon footprint
U.K. Prime Minister Boris Johnson said the global aviation industry needs to limit carbon-dioxide emissions once air travel resumes following the coronavirus crisis.
Korean Air plans to raise over $800 million to stay afloat
Korean Air Lines Co. plans to sell new shares to raise about 1 trillion won ($817 million) after the coronavirus outbreak wiped out 90% of…
China trade expert says US farm deal hinges on tensions easing
China is still willing to meet its American farm purchase commitments as long as the U.S. creates a friendly atmosphere for more imports to take…
SocGen to make goodwill payment to Singapore Airlines short-sellers
Societe Generale SA will make a one-time payment to those who used its daily leverage certificates to short Singapore Airlines Ltd. stock and got wiped…
Modi’s self-reliance call may spell protectionist turn for India
Once a key advocate of globalization, Prime Minister Narendra Modi appears to have all but abandoned it. His advice to Indians yesterday to “buy local”…
American gets most as biggest airlines win bulk of US aid
Five major airlines have received the lion’s share of federal aid Treasury Secretary Steven Mnuchin has approved in the past six weeks as the industry…
Cleo Lights up Integration Visibility Into the Depths of the Enterprise
New Cleo Integration Cloud (CIC) Agent brings end-to-end integration visibility between legacy, on-premise systems and newer cloud applications – enabling real-time insights and intelligent decision-making…
Workers at Latin America’s biggest port are starting to fall ill
Brazilian port workers are starting to fall ill as the coronavirus pandemic reaches one of Latin America’s busiest shipping hubs.
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