Ryanair to Cut 3,000 Jobs, Challenge $33 Billion in State Aid
Ryanair Holdings Plc will cut 3,000 jobs and said it will challenge some 30 billion euros ($33 billion) in state aid being doled out to…
Boeing Rules Out Federal Aid After Raising $25 Billion of Bonds
Boeing Co. sold $25 billion of bonds in the largest offering this year, eliminating the need for more cash as the coronavirus pandemic upends the…
United Airlines Sees Cash Burn Easing on Virus-Era Cost Cuts
United Airlines Holdings Inc. will wrestle its average daily cash burn down to no more than $45 million in the second quarter as the carrier…
American Air Focuses on U.S. Aid While Rivals Sell Bonds, Equity
American Airlines Group Inc. is doubling down on government aid even as rivals expand their funding sources with sales of shares and bonds.
Lufthansa Running Out of Bailout Road as Germany Sets Terms
Germany’s government has set out a unified position on a bailout for Deutsche Lufthansa AG, with the airline group expected to accept a significant state…
Boeing gets $50 billion of orders for bonds amid strong demand
Boeing Co. has already received $50 billion of orders for its bond offering Thursday, as the company comes off of one of its worst quarter…
All those parked 747s herald peak oil demand
Jet fuel was once the last great hope for long-term growth. No longer.
Lufthansa running out of bailout road as Germany sets out terms
Germany’s government has set out a unified position on a bailout for Deutsche Lufthansa AG, with the airline group expected to accept a significant government…
Japan Airlines posts loss, pulls dividend as virus hits travel
Japan Airlines Co. posted its first quarterly operating loss in at least eight years and suspended its annual dividend as the coronavirus outbreak hits the…
Virgin Australia draws 20 suitors in race for sale by June
Virgin Australia Holdings Ltd. attracted at least 20 potential buyers as administrators race to sell the airline within two months.
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