South Africa in talks with keen investors in state airline
South Africa’s government has started talks with private entities interested in buying into the country’s insolvent national carrier, which needs at least 10 billion rand…
Qantas reports $1.96 billion loss and sees more pain to come
Qantas Airways Ltd. reported its first loss in six years and predicted it won’t make money in the next financial year as travel restrictions due…
Delta restores two China flights as travel demand inches up
Delta Air Lines Inc. will restart two weekly flights between the U.S. and China next week, bringing its total to four, because of increased customer…
Southwest spurs airline rally with ‘modest’ boost in demand
Southwest Airlines Co. sparked a rally in airline shares after saying improved leisure travel demand for August and September would help reduce its daily cash…
South Africa starts talks with potential buyers of state airline
South Africa’s government has started talks with private entities interested in buying into the country’s insolvent national carrier, which needs at least 10 billion rand…
Qatar Airways rebuilds network to more than 550 weekly flights to over 85 destinations
The airline also recently announced the resumption of flights to Adelaide, Auckland, Houston, Kigali, London Gatwick, Nairobi, Philadelphia and Sialkot
German airlines pitch plan to return trans-Atlantic flights
Germany’s main aviation industry group has proposed the creation of limited air-travel corridors between major U.S. and European hubs, in a bid to crack open…
United Airlines Doubles Service Between San Francisco and Shanghai
Adds two more flights between San Francisco and Shanghai, will operate four times weekly
Bain on hook for $543 million break fee If Virgin deal fails
Bain Capital has agreed to pay A$750 million ($543 million) should it fail to buy Virgin Australia Holdings Ltd., an unusually high break fee that…
Boeing to deepen job cuts beyond 10% plan with new buyouts
Boeing Co. is preparing to offer buyouts to employees for a second time this year as the virus-stricken planemaker extends its workforce cuts beyond the…
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