Airlines see loss reaching $157 billion before virus clears
Record airline losses from the coronavirus outbreak will continue to mount next year as anticipated vaccination programs take time to revive travel demand, according to…
Japan and China agree to restart two-way travel by end November
The foreign ministers of China and Japan agreed at a meeting in Tokyo to lift some virus-related travel restrictions by the end of the month,…
Boeing’s 737 Max gains tentative European regulatory clearance
Europe’s aviation safety regulator kicked off the process of bringing Boeing Co.’s 737 Max back into service, in a major step toward the grounded jet’s…
SAA needs partner to strengthen management, administrator says
South African Airways has the potential to be a sound business but would benefit from having an industry-investment partner to improve its management, according to…
Irish sausages at risk as Brexit negotiators scramble for deal
Irish authorities said they are concerned about a potential ban on some meat exports to the U.K. as a result of Brexit, in a sign…
Covid passports seen as key to resuming international travel
Global airline lobby IATA is working on a mobile app that will help travelers demonstrate their coronavirus-free status, joining a push to introduce so-called Covid…
Vietnam Ministry proposes fuel tax cut extension through 2021
Vietnam’s Ministry of Finance is proposing Prime minister Nguyen Xuan Phuc extend a 30% cut in the jet fuel environmental tax through next year to…
China and Japan race to dominate future of high-speed rail
Japan and China are racing to build a new type of ultra-fast, levitating train, seeking to demonstrate their mastery over a technology with big export…
SoftBank-led round values Uber-like truck startup at $12 billion
Full Truck Alliance has raised $1.7 billion from investors including SoftBank Group Corp. and Tencent Holdings Ltd., a major cash infusion for the Uber-like trucking…
US, China shouldn’t force others to choose sides says Australian PM Morrison
Australian Prime Minister Scott Morrison has warned that intensifying competition between the U.S. and China is pressuring other nations to choose sides, and urged the…
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