China takes charge of HNA, paving way for faster asset sales
China began assuming control of debt-laden HNA Group Co., paving the way for a hastened selloff of the once-sprawling conglomerate’s remaining assets after it became…
Emirates Offers Leave to Staff as Virus Saps Demand for Travel
Emirates Group, which runs the world’s biggest airline by international traffic, is encouraging staff to take leave as the coronavirus outbreak slows demand for travel.
Etihad Cargo selects ECS Group as cargo service provider in key Asian, European and North American markets
In line with the recent implementation of the new global sales distribution structure across its network, Etihad Cargo, the cargo and logistics arm of the…
Kenya to Lend Ailing Airline $49.5 Million, Mulls Restructuring
Kenya’s government agreed to loan its cash-strapped national carrier 5 billion shillings ($49.5 million) for working capital and to enable it carry out a scheduled…
South African Airways rescuers get extra month to make plan
Administrators for South Africa’s loss-making state airline have been given an extra month to complete a turnaround plan.
Sharp jump in China flight searches suggests virus fear ebbing
Travel agency Tongcheng-Elong Holdings Ltd. said there’s a growing belief that the coronavirus outbreak is being better contained in China because the number of searches…
Upbeat Rolls-Royce says it’s finally getting over engine woes
Rolls-Royce Holdings Plc said it’s getting a grip on cost overruns from Boeing Co. 787 engines that have blighted earnings and cash flow in recent…
British Airways ditches profit outlook with travel in retreat
British Airways parent IAG SA said it couldn’t provide an earnings forecast this year, because weakened demand in Asia has now rippled across to Europe,…
South Africa raises funds for state airline to $1.1 billion
South Africa almost doubled the level of funding for the national airline to 16.4 billion rand ($1.1 billion), cash that will go toward supporting a…
Airlines send in world’s strongest disinfectants to fight virus
Airlines are turning to the world’s hardest-hitting disinfectants to rid planes of the coronavirus.
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