EasyJet Chairman Calls on Investors to Vote Down Founder Revolt
EasyJet Plc Chairman John Barton has written to shareholders urging them to vote against the airline’s activist founder in next week’s showdown over an Airbus…
Cathay Pacific Carried Only 458 Passengers a Day in April
Cathay Pacific Airways Ltd. and its Cathay Dragon unit carried only 13,729 passengers in April, an average of just 458 a day, as the coronavirus…
Lufthansa Needs Bailout, Takeover Protection, Minister Tells RP
Deutsche Lufthansa AG has to be bailed out by the German government and needs protection against a potential foreign takeover, Hesse’s prime minister, Volker Bouffier,…
Bidders Are Lining Up to Buy Virgin Australia After Collapse
The travel industry faces a strained present and an uncertain future, but you’d never know it from the swarm of suitors sizing up potential offers…
Delta to Retire Boeing 777 Jets, Warns Pilots of Overstaffing
Delta Air Lines Inc. is retiring its fleet of Boeing Co. 777’s and warning its pilots of massive overstaffing as the carrier grapples with the…
Airbus CEO Tells Managers He Seeks Jobs Deal by Early Summer
Airbus SE Chief Executive Officer Guillaume Faury has told senior managers the European planemaker must “act fast” to slash jobs as it confronts the sharpest…
Airbus CEO tells managers he seeks job-cut deals by early summer
Airbus SE Chief Executive Officer Guillaume Faury has told senior managers the European planemaker must “act fast” to slash jobs as it confronts the sharpest…
Ryanair’s chief Is on a mission to wreck EU airline rescues
Michael O’Leary, Ryanair Holdings Plc’s combative chief executive officer, is picking a fight with Deutsche Lufthansa AG as he ramps up a legal battle with…
Delta to retire Boeing 777 jets, sees up to $1.7 billion charge
Delta Air Lines Inc. will retire its Boeing Co. 777 jetliners, a mainstay of its long-distance fleet, as the carrier rushes to cut costs amid…
British Airways owner rebuffs calls to delay 12,000 job cuts
British Airways owner IAG SA said it plans to go ahead with plans to cut up to 12,000 jobs, while its Chief Executive Officer Willie…
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