Final Virgin Australia Bids a Key Test for Ailing Airlines
The final bids for Virgin Australia Holdings Ltd. will show how much appetite private investors really have for an airline industry that’s been battered by…
U.S. Rejects Additional Flights Sought by Chinese Airlines
U.S. officials rejected additional flights proposed by Chinese airlines but said they would reconsider if the Beijing government adjusts its policies affecting American passenger carriers.
American Air Braces Balance Sheet With $3.5 Billion in Financing
American Airlines Group Inc. braced its balance sheet with $3.5 billion in new financing, diverging from its recent reliance on federal aid as the coronavirus…
United Air Is Said to Ready $5 Billion Debt Sale for Next Week
A group of banks led by Goldman Sachs Group Inc. may launch a $5 billion debt offering for United Airlines Holdings Inc. as soon as…
Boeing Whistle-Blower Faults ‘Reckless’ FAA Review of 737 Max
Boeing Co. and the Federal Aviation Administration flouted regulations and ignored systemic safety concerns in the original certification of the 737 Max jetliner, a company…
German Mogul Builds War Chest Ahead of Lufthansa Aid Vote
The German billionaire who owns the biggest stake in Deutsche Lufthansa AG is building a war chest of cash as he agitates for eleventh-hour changes…
Lufthansa Says A380s Won’t Return for at Least Two Years
Deutsche Lufthansa AG’s fleet of Airbus SE A380 jets will be mothballed for at least two years and may never return to service as demand…
Southern Spain’s Big Airbus Bet Goes Wrong as Suppliers Struggle
Over the course of almost a decade, Airbus SE supplier UMI Aeronautica SL pivoted from military to commercial aircraft, making parts including door components for…
RBC, Brookfield CEOs join push against Trudeau travel rules
The heads of 27 Canadian companies, including the CEOs of two large banks and Brookfield Asset Management Inc., are urging Prime Minister Justin Trudeau and…
Delta Air sees hitting breakeven around spring of next year
Delta Air Lines Inc., bleeding cash because of the Covid-19 pandemic, expects to break even by next spring as rising demand prompts the carrier to…
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