Delta to Pull Some Older Jets From NYC by Thinning 717 Fleet
Delta Air Lines Inc. will pare its fleet of Boeing Co. 717 jets by at least half over the next year, continuing to cull older,…
Thai Airways Closer to Rehabilitation Via Bankruptcy Court
State-run Thai Airways International Pcl is a step closer to restructuring via a bankruptcy court after a key government panel backed the plan, which is…
Ryanair Taps U.K. Loan Program, Digs In for Slow Recovery
Ryanair Holdings Plc boosted its liquidity with a 600 million-pound ($726 million) loan backed by the U.K. government and said the coronavirus crisis will reduce…
South Africa Seeks Clout in New Airline
Pravin Gordhan, South Africa’s minister for public enterprises, is staking his own credibility and that of President Cyril Ramaphosa’s government on the creation of a…
EasyJet Chairman Calls on Investors to Vote Down Founder Revolt
EasyJet Plc Chairman John Barton has written to shareholders urging them to vote against the airline’s activist founder in next week’s showdown over an Airbus…
Cathay Pacific Carried Only 458 Passengers a Day in April
Cathay Pacific Airways Ltd. and its Cathay Dragon unit carried only 13,729 passengers in April, an average of just 458 a day, as the coronavirus…
Lufthansa Needs Bailout, Takeover Protection, Minister Tells RP
Deutsche Lufthansa AG has to be bailed out by the German government and needs protection against a potential foreign takeover, Hesse’s prime minister, Volker Bouffier,…
Bidders Are Lining Up to Buy Virgin Australia After Collapse
The travel industry faces a strained present and an uncertain future, but you’d never know it from the swarm of suitors sizing up potential offers…
Delta to Retire Boeing 777 Jets, Warns Pilots of Overstaffing
Delta Air Lines Inc. is retiring its fleet of Boeing Co. 777’s and warning its pilots of massive overstaffing as the carrier grapples with the…
Airbus CEO Tells Managers He Seeks Jobs Deal by Early Summer
Airbus SE Chief Executive Officer Guillaume Faury has told senior managers the European planemaker must “act fast” to slash jobs as it confronts the sharpest…
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