German Mogul Builds War Chest Ahead of Lufthansa Aid Vote
The German billionaire who owns the biggest stake in Deutsche Lufthansa AG is building a war chest of cash as he agitates for eleventh-hour changes…
Lufthansa Says A380s Won’t Return for at Least Two Years
Deutsche Lufthansa AG’s fleet of Airbus SE A380 jets will be mothballed for at least two years and may never return to service as demand…
Southern Spain’s Big Airbus Bet Goes Wrong as Suppliers Struggle
Over the course of almost a decade, Airbus SE supplier UMI Aeronautica SL pivoted from military to commercial aircraft, making parts including door components for…
RBC, Brookfield CEOs join push against Trudeau travel rules
The heads of 27 Canadian companies, including the CEOs of two large banks and Brookfield Asset Management Inc., are urging Prime Minister Justin Trudeau and…
Delta Air sees hitting breakeven around spring of next year
Delta Air Lines Inc., bleeding cash because of the Covid-19 pandemic, expects to break even by next spring as rising demand prompts the carrier to…
Lufthansa’s German bailout may shrink with rival aid coming in
Germany and Deutsche Lufthansa AG are considering cutting back the country’s 9 billion-euro ($10.1 billion) aid package as the airline group closes in on additional…
Emirates adds flights to New York, London and Singapore
Emirates will add more cities to its destinations and boost flights on existing routes as the world’s largest long-haul carrier ramps up operations.
France warns carrier against forced job cuts after state bailout
France is warning flag carrier Air France-KLM against making forced job cuts, with Finance Minister Bruno Le Maire saying such a move would constitute a…
Qantas cancels most overseas flights until late October
Qantas Airways Ltd. canceled most international flights until late October after the government indicated Australia’s borders won’t reopen any time soon.
Senator Slams FAA’s ‘Deliberate’ Attempt to Stymie 737 Max Probe
A Senate committee chairman sharply criticized the Federal Aviation Administration on Wednesday for what he alleged were repeated failures to respond to a committee’s investigation…
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