South Africa raises bailout for stricken 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…
Boeing dangles funds for Max simulator sessions ahead of return
Boeing Co. is in talks with prominent customers about funding simulator training on the 737 Max once it’s cleared to fly again, in a bid…
Jet Air creditors to ask curt to extend liquidation deadline
Creditors of Jet Airways India Ltd. are seeking court action to save the bankrupt carrier from liquidation as a key deadline looms.
Lufthansa freezes hiring as coronavirus outbreak squeezes demand
Deutsche Lufthansa AG is adopting a package of cost-saving measures, including a hiring freeze, as the economic fallout of the coronavirus starts to bite. The…
Crisis-hit Cathay says 25,000 staff to take unpaid leave
More than 25,000 Cathay Pacific Airways Ltd. staff are taking unpaid leave, underscoring the depth of the airline’s troubles as it contends with the coronavirus.
China’s virus-hit airlines are showing signs of recovery
China’s airline industry could be showing the first signs of recovery after dramatically shrinking over the past month as the spreading coronavirus led to thousands…
US airline rout worsens with American hitting record low
U.S. airlines posted the biggest two-day drop in more than three years on deepening fears that the spread of the coronavirus will further stymie travel.
Boeing 737 Max crisis delays Carlyle aerospace deal
Private equity giant Carlyle Group has paused the sale of an engine-parts maker because of uncertainty about the Boeing 737 Max, which has been grounded…
American Air ends Qatar feud with eye on future Doha flights
American Airlines Group Inc. set the stage for possible flights to the Middle East after it set aside a long-running quarrel with Qatar Airways to…
Boeing’s first order of 2020 Is bad news for Rolls-Royce
Boeing Co. has secured its first order of 2020 as it battles with the grounding of the 737 Max, with Japan’s ANA Holdings Inc. confirming…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
