U.K. Prime Minister Boris Johnson backed off from intervening in British Airways plans to cut pay and modify contracts for remaining staff after dismissing thousands…

Delta Air Lines Inc. will take a charge of as much as $3.3 billion to cover the costs of early retirement and voluntary separation plans…

More than a year after being charged with assaulting employees, the matriarch of the family that controls Korean Air Lines Co. received a suspended jail…

It took 200 million pounds ($250 million) of Richard Branson’s own money to secure the rescue of his Virgin Atlantic Airways Ltd.

Richard Branson has spent decades cultivating an image as a daredevil entrepreneur, glorifying risk with stunts such as sky-diving or hot-air ballooning across the ocean…

The Boeing Company announced today major program deliveries across its commercial and defense operations for the second quarter of 2020.

Boeing Co.’s order stockpile shrank further last month as airlines and lessors backed out of commitments for the grounded 737 Max jetliner in a market…

Virgin Atlantic has reached a major milestone towards securing its future today, by announcing plans for a private-only solvent recapitalisation of the airline, following the…

South African Airways creditors and unions approved a rescue plan that includes at least 26.7 billion rand ($1.6 billion) in state funding and thousands of…