AirAsia X to liquidate indonesia operations amid woes, Star says
AirAsia X Bhd. is liquidating its Indonesian arm in a bid to survive the virus pandemic that has left the low-cost airline’s planes grounded since…
New USAID-Ethiopian Airlines partnership to source food from local farmers for in-flight meals
Today, Ethiopian Airlines and the United States announced a new partnership agreement that will enable the nation’s flagship carrier to source locally grown produce and…
Air Canada CEO who averted bankruptcy retires, hands off to CFO
Calin Rovinescu will retire as Air Canada’s top executive in February and hand the reins to Chief Financial Officer Michael Rousseau, who takes over an…
Boeing considers selling Seattle-area jetliner headquarters
Boeing Co. is weighing whether to jettison the Seattle-area headquarters of its commercial-airplane division as it cuts costs and stockpiles cash.
Boeing Max judged safe to fly by Europe’s aviation regulator
Europe’s top aviation regulator said he’s satisfied that changes to Boeing Co.’s 737 Max have made the plane safe enough to return to the region’s…
Singapore-Hong Kong air fares jump 40% on travel bubble plan
The cost of air tickets between two major Asian financial hubs jumped within 24 hours of Singapore and Hong Kong unveiling plans for a travel…
United Air’s vision of long-term rebound fizzles on Wall Street
United Airlines Holdings Inc.’s leaders say they’ve entered “the end of the beginning” of their effort to rebound from the industry’s worst-ever crisis. Wall Street…
Ryanair slashes winter capacity as virus weighs on demand
Ryanair Holdings Plc slashed its winter schedule and cut back its presence in several countries, blaming tighter travel restrictions that have hammered demand in Europe.
China Airline sets record with $2.4 billion convertible bond
A rare mega deal by a Chinese airline is set to revive the country’s convertible bond market, after volatile trading dried up issuance of the…
United counts on $19 billion cushion as new loss disappoints
United Airlines Holdings Inc. says it’s ready to pounce on any travel rebound while riding out an unprecedented industry slump that is hurting the company’s…
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