South Africa hires RMB to advise on airline stake sale
South Africa’s Rand Merchant Bank, the investment banking arm of FirstRand Ltd., has been appointed as an adviser to help the government assess offers for…
United adds Florida flights outside hubs in bet on getaway trips
United Airlines Holdings Inc. will bypass its hubs to debut nonstop flights from seven cities to Florida in November, betting that the coronavirus pandemic won’t…
Southwest CEO sees airline posting first annual loss since 1972
Southwest Airlines Co. is heading for its first annual loss in 48 years because of the coronavirus pandemic, the carrier’s top executive said.
S. Africa hires RMB to advise on possible airline stake sale
South Africa’s Rand Merchant Bank, the investment banking arm of FirstRand Ltd., has been appointed as an adviser to help the government assess offers for…
Cathay rises most since 2008 as reopening chance offsets virus
Cathay Pacific Airways Ltd. shares climbed the most in nearly 12 years after a Chinese state-run newspaper tweeted that Hong Kong’s airport may restart transfer…
British Airways CEO reports progress on talks amid union dispute
British Airways said it reached a preliminary agreement with labor groups representing some ground-based employees as it seeks to cut costs and ride out a…
Airbus presses on with new plane seen as immune to travel slump
Airbus SE is stepping up development of its newest plane, pouring resources into the A321XLR even as it pulls back spending on other projects to…
Boeing 737 Max return outside US seen slowed by regulators
European and Canadian regulators are still wrangling with Boeing Co. over the last remaining technical details of its 737 Max revamp, leaving some customers to…
Qatar Air ban matter of national emergency: Saudi-led states
A Saudi-led group of countries has told the United Nations’ aviation agency that “emergency conditions” justify a three-year diplomatic impasse with Qatar that prevents that…
Rolls-Royce faces new engine headache with A350 blade cracks
Rolls-Royce Holdings Plc warned of a new manufacturing defect after finding cracks in turbines that power Airbus SE’s A350 jet, an unwelcome development after years…
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