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…
Virgin Australia to cut third of staff under Bain ownership
Virgin Australia Holdings Ltd. will cut a third of its workforce under the ownership of Bain Capital as the buyout firm attempts to resurrect the…
American Air offers new incentives in bid to limit pilot layoffs
American Airlines Group Inc. is offering additional programs to encourage more pilots to leave the carrier, stepping up efforts to avoid forced furloughs later this…
Virgin Atlantic seeks rescue approval as cash running out
Richard Branson’s Virgin Atlantic Airways Ltd. told a London court that it will run out of cash next month unless it secures approval for a…
Boeing 737 Max’s Europe flight test still on hold as FAA moves ahead
Travel restrictions brought on by the Covid-19 pandemic continue to slow the re-certification process for Boeing Co.’s 737 Max in Europe, even after U.S. aviation…
Clock is ticking for Garuda with cash pile thinning fast
Indonesia’s flag carrier needs cash fast as losses soar past a half-billion dollars and unpaid bills pile up, yet negotiations for government aid move slowly…
Another regional airline falls to the Covid-19 recession
ExpressJet’s CEO says the hub-and-spoke carrier model still has a future, even if his airline doesn’t.
Virgin Galactic delays key flight, plans $460 million share sale
Virgin Galactic Holdings Inc. is planning a new share sale and will delay plans to carry founder Richard Branson into space until early next year…
Southwest pulls back on jet cleanup to save time between flights
Southwest Airlines Co. has scaled back its aircraft-cleaning procedures between flights as reduced staffing and busier operations have swelled the carrier’s average turnaround time to…
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