AirAsia X rescue plan fails to lift spirits due to gloomy future
AirAsia X Bhd.’s restructuring plan was met with bleak forecasts and ratings from analysts as well as a 10% drop in its share price, underscoring…
Philippines to aid troubled airlines but won’t want to own them
The Philippine government is ready to assist the airline sector as long as it won’t end up owning troubled carriers, Finance Secretary Carlos Dominguez said.
FAA proposes simulator training for Max pilots Boeing resisted
Proposed new pilot-training requirements for Boeing Co.’s grounded 737 Max -- one of the final hurdles needed before the plane can return to the skies…
Boeing cuts jetliner-sales forecast 11% on decade-long slump
Boeing Co. sees a turbulent ride ahead for the world’s jetliner market, with sales contracting sharply this decade before eventually rebounding in the 2030s as…
AirAsia long-haul arm pitches dramatic overhaul to survive
AirAsia Group Bhd.’s long-haul arm proposed a sweeping restructuring plan that would wipe out almost 63.5 billion ringgit ($15.3 billion) in debt and save the…
AirAsia said to stop funding Indian venture as cash dwindles
AirAsia Group Bhd. has stopped funding its Indian affiliate as the global travel slump leaves the Malaysian group struggling to support a sprawling empire of…
Southwest Airlines targets pay cuts in bid to avert layoffs
Southwest Airlines Co. will seek to cut employee compensation in a last-ditch effort to avoid the first involuntary layoffs in the company’s 49-year history.
LATAM transports volunteers, veterinarians and supplies to support the “Pantanal em Chamas” campaign
The campaign was launched by LATAM’s partner, the NGO AMPARA Animal / AMPARA Silvestre; the institution is directly working on rescuing the animals affected by…
South Africa told to look to Ethiopia to rescue its airline
South Africa should act to preserve its insolvent national airline and seek to partner the carrier with Ethiopian Airlines Group, according to a study commissioned…
TAP Air Portugal Returns to San Francisco and Chicago
TAP Offering “Book with Confidence” Protection and Low Fares to Portugal and Connecting Destinations in Europe and Africa
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