EasyJet falls as U.K. carrier cuts capacity, drops guidance
EasyJet Plc fell as much as 8.2% after slowing the build-up of flights following the latest U.K. curbs on international travel.
AirAsia seeks up to $600 million cash injection to endure crisis
AirAsia Group Bhd. is seeking to raise as much as 2.5 billion ringgit ($600 million) by the end of the year as it tries to…
Airlines invent wild ways to make money with borders closed
When it comes to raising money, nothing is off limits for airlines mired in their worst-ever crisis. From fresh vegetables to peanuts and pajamas, they’re…
IATA top doctor says airlines can’t afford to wait for vaccine
The airline industry can’t afford to wait for a vaccine. That’s the message from the International Air Transport Association’s chief medical adviser, David Powell.
Virgin Australia creditors bless bain’s $2.5 billion rescue deal
Virgin Australia Holdings Ltd. creditors have approved Bain Capital’s acquisition of the airline, the last hurdle in the private equity firm’s bid to restructure the…
Southwest Air debuts flights to Miami in sun cities expansion
Southwest Airlines Co. will add Miami and Palm Springs, California, to its network for the first time later this year to capitalize on stronger demand…
Ethiopian Air in talks with South African flag carrier on rescue
Ethiopian Airlines Group is among companies in talks with South Africa’s government about potentially offering support to the country’s insolvent state airline, according to people…
United Air to cut more than 16,000 jobs on weak travel demand
United Airlines Holdings Inc. will eliminate 16,370 jobs next month as the carrier shrinks operations in response to the steep decline for air travel demand…
Branson’s airline saved as ruling caps race against clock
Richard Branson’s Virgin empire has faced many challenges in its five-decade history, from high-profile legal clashes with British Airways and failed bids to run the…
SAS gets go-ahead from lenders for $1.6 billion equity plan
Scandinavian carrier SAS AB has secured enough backing from bondholders for a debt-to-equity plan that it says is needed to stave off bankruptcy.
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