Singapore-Hong Kong air fares jump 40% on travel bubble plan
The cost of air tickets between two major Asian financial hubs jumped within 24 hours of Singapore and Hong Kong unveiling plans for a travel…
United Air’s vision of long-term rebound fizzles on Wall Street
United Airlines Holdings Inc.’s leaders say they’ve entered “the end of the beginning” of their effort to rebound from the industry’s worst-ever crisis. Wall Street…
Ryanair slashes winter capacity as virus weighs on demand
Ryanair Holdings Plc slashed its winter schedule and cut back its presence in several countries, blaming tighter travel restrictions that have hammered demand in Europe.
China Airline sets record with $2.4 billion convertible bond
A rare mega deal by a Chinese airline is set to revive the country’s convertible bond market, after volatile trading dried up issuance of the…
United counts on $19 billion cushion as new loss disappoints
United Airlines Holdings Inc. says it’s ready to pounce on any travel rebound while riding out an unprecedented industry slump that is hurting the company’s…
Delta can’t avoid shrinking-airline syndrome
The carrier announced a fresh round of cutbacks to its fleet, signaling even more pain ahead for plane manufacturers and their suppliers.
Boeing receives $477 million performance based logistics contract from Defense Logistics Agency
Boeing received a Performance Based Logistics (PBL) contract award valued at $477 million from the Defense Logistics Agency (DLA) for supplies, full supply chain management…
Delta delays $5 billion of jet deliveries in blow to Airbus
Delta Air Lines Inc. is delaying $5 billion in aircraft deliveries until after 2022, dealing a blow to Airbus SE as the U.S. carrier braces…
British Airways chief Cruz steps down in shakeup at IAG
British Airways Chief Executive Officer Alex Cruz is being replaced, just weeks after fellow Spaniard Luis Gallego took over as head of parent company IAG…
Allegiant defies travel collapse, weighs used Airbus jets
Allegiant Airlines is weighing purchases of used Airbus SE planes as soon as early 2021, bucking an unprecedented travel collapse that has gutted demand for…
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