Airbus builds $32 billion buffer to contain coronavirus fallout
Airbus SE extended credit lines and clamped down on cash outlays to give it access to 30 billion euros ($32 billion), taking steps to protect…
Airlines carnage worsens with Emirates, Singapore Air cuts
The crisis engulfing the aviation industry deepened after some of the world’s biggest international carriers announced drastic measures to cope with the coronavirus outbreak, with…
Air France, Airbus lining up for government-backed bailouts
Air France-KLM and Airbus SE are poised to tap French government-backed loans as the coronavirus outbreak drains corporate cash reserves, according to people familiar with…
Virus spurs American Air’s first cargo-only flights in 36 years
American Airlines Group Inc. is shifting some of its biggest idled jets to ferry just cargo -- the carrier’s first flights without passengers in nearly…
Boeing faces once-unthinkable cuts, factory outbreak, Haley uproar
As it pleads for help in Washington, Boeing Co. is mapping out a series of drastic steps it may have to take to conserve cash…
Norwegian Air state aid falls short as bonds hit record low
Norwegian Air Shuttle ASA secured government funding worth up to $270 million under certain conditions, keeping it alive for now while the coronavirus still threatens…
Boeing weighs deep cuts with $60 billion bailout bid pending
As it pleads for help in Washington, Boeing Co. is mapping out a series of drastic steps it may have to take to conserve cash…
Desperate airlines await bailout; Air Canada lays off 5,000
For airlines caught in the eye of the coronavirus storm, Canada’s second fiscal act can’t come soon enough.
Swedish Airports group lays off 1,900 workers as traffic slumps
Sweden’s biggest airport operator says it’s laying off at least 1,900 workers as the fallout from the coronavirus halts traffic and forces people to cancel…
Cathay Pacific scraps 96% of flights as virus stops travel
Cathay Pacific Airways Ltd. will slash passenger capacity by 96% in April and May as the coronavirus shuts down travel across the world.
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