Korean Air’s quarterly profit defies coronavirus travel slump
Korean Air Lines Co. provided some rare positive news for the devastated global aviation industry Thursday, reporting a quarterly profit after flying planes loaded with…
Etihad Airways half-year loss widens amid border closures
Etihad Airways’ losses climbed by almost a third in the first half, after the coronavirus pandemic reduced travel to a trickle.
Boeing hit with $1.25 million proposed fine over designees
U.S. regulators are seeking fines against Boeing Co. of $1.25 million, saying that company employees acting on behalf of the Federal Aviation Administration faced “undue…
Trump backs effort in Congress to extend aid to US airlines
President Donald Trump said he supports efforts in Congress to provide U.S. airlines with more aid to avert massive job losses, which could start Oct.…
Republican Senators seek $25 billion virus aid for airlines
Sixteen Republican senators are calling on their party’s leadership to add another $25 billion in assistance for airlines in a package being negotiated for Covid-19…
Cathay Pacific to half single-use plastic footprint by 2022
Airline’s 2019 Sustainable Development Report celebrates environmental and social initiative success and lays foundation for group’s future targets
Boeing gains after CFO downplays need for additional liquidity
Boeing Co. rose the most in a month after Chief Financial Officer Greg Smith said he didn’t intend to tap the debt market for additional…
South African Airways rescue stalls as banks hang back on funds
The planned business rescue of South African Airways is in limbo because government attempts to raise 5.3 billion rand ($307 million) of immediate funding from…
Virgin Atlantic faces crunch vote to save restructuring plan
Richard Branson’s Virgin Atlantic Airways Ltd. faces a crunch vote in less than three weeks to determine whether a hard-won 1.2 billion-pound ($1.6 billion) rescue…
Japan Airlines posts biggest loss since 2012 listing
Japan Airlines Co. posted its biggest quarterly net loss in at least eight years and decided to forgo paying an interim dividend as it contends…
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