Cathay Pacific to half single-use plastic footprint by 2022
Airline’s 2019 Sustainable Development Report celebrates environmental and social initiative success and lays foundation for group’s future targets
Boeing gains after CFO downplays need for additional liquidity
Boeing Co. rose the most in a month after Chief Financial Officer Greg Smith said he didn’t intend to tap the debt market for additional…
South African Airways rescue stalls as banks hang back on funds
The planned business rescue of South African Airways is in limbo because government attempts to raise 5.3 billion rand ($307 million) of immediate funding from…
Virgin Atlantic faces crunch vote to save restructuring plan
Richard Branson’s Virgin Atlantic Airways Ltd. faces a crunch vote in less than three weeks to determine whether a hard-won 1.2 billion-pound ($1.6 billion) rescue…
Japan Airlines posts biggest loss since 2012 listing
Japan Airlines Co. posted its biggest quarterly net loss in at least eight years and decided to forgo paying an interim dividend as it contends…
Virgin Australia to cut third of staff under Bain ownership
Virgin Australia Holdings Ltd. will cut a third of its workforce under the ownership of Bain Capital as the buyout firm attempts to resurrect the…
American Air offers new incentives in bid to limit pilot layoffs
American Airlines Group Inc. is offering additional programs to encourage more pilots to leave the carrier, stepping up efforts to avoid forced furloughs later this…
Virgin Atlantic seeks rescue approval as cash running out
Richard Branson’s Virgin Atlantic Airways Ltd. told a London court that it will run out of cash next month unless it secures approval for a…
Boeing 737 Max’s Europe flight test still on hold as FAA moves ahead
Travel restrictions brought on by the Covid-19 pandemic continue to slow the re-certification process for Boeing Co.’s 737 Max in Europe, even after U.S. aviation…
Clock is ticking for Garuda with cash pile thinning fast
Indonesia’s flag carrier needs cash fast as losses soar past a half-billion dollars and unpaid bills pile up, yet negotiations for government aid move slowly…
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