AirAsia X proposes paying creditors 0.5% of $8 billion owed
AirAsia Group Bhd.’s long-haul arm has offered to pay creditors just 0.5% of the more than $8 billion total debt they are owed and terminate…
Where a $5 billion green incentive runs into politics of coal
South Africa’s transition to clean energy finds itself tangled up by nation’s reliance on the black rock.
China property and energy crises deliver blow to GDP growth
China’s housing slump and electricity shortages dragged down economic growth last quarter, with signs there will be more pain to come as the country heads…
Music, barbecues, Wi-Fi: Managing morale for those idled at sea
Plenty of things might keep container-ship captain Markus Grote up at night while sailing across the ocean, but lately there’s another kind of sinking feeling…
JD Logistics goes shopping for planes to tap air freight demand
JD Logistics Inc. is planning to set up its own fleet of planes as the Chinese firm eyes a greater slice of a cross-border cargo…
Port gridlock stretches supply lines thin in blow for economies
Global ports are growing more gridlocked as the pandemic era’s supply shocks intensify, threatening to spoil the holiday shopping season, erode corporate profits and drive…
Southwest Air asks court to reject effort to block Covid shots
Southwest Airlines Co. asked a federal court to reject a request from its pilots to temporarily block the carrier from carrying out federally mandated coronavirus…
China orders five airlines to halt some flights on virus cases
China’s Civil Aviation Administration ordered five domestic and foreign airlines to suspend some flights from Monday after multiple coronavirus cases were found on board, it…
Ex-Boeing pilot charged with fraud in 737 Max probe
A former Boeing Co. pilot was charged with deceiving U.S. aviation regulators in the first prosecution related to two fatal 737 Max accidents that plunged…
J.B. Hunt sees risk vaccine mandate will make supply chaos worse
J. B. Hunt Transport Services Inc. is hustling to alleviate supply-chain chaos but it doesn’t expect to see relief anytime soon and says a federal…
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