Qantas plans to cut 2,500 more jobs as cost of crisis mounts
Qantas Airways Ltd. plans to cut as many as 2,500 more jobs by offloading ground operations like baggage handling and aircraft cleaning as the cost…
Virgin Australia creditors lose almost everything under Bain
Unsecured creditors of Virgin Australia Holdings Ltd. will lose almost all their money under a A$3.5 billion ($2.5 billion) deal to sell the collapsed airline…
Delta warns of 1,941 pilot job cuts on grim travel outlook
Delta Air Lines Inc. will furlough 1,941 pilots in October because it sees little chance of improvement in the bleak outlook for commercial flying over…
Europe’s terrible rapeseed crops are pulling down global supply
Another paltry rapeseed harvest in Europe is tightening global supplies even as crops swell abroad.
Oil gains as US Gulf output and refineries halted before storm
Oil rallied and gasoline surged to a five-month high as energy companies suspended offshore operations and refiners shuttered Gulf Coast plants with Tropical Storm Laura…
World Shipping, Inc. announces 60th anniversary year, celebration throughout 2020
World Shipping, Inc. has announced and celebrates its 60th anniversary on the shores of Lake Erie. From its founding activity of vessel agency services on…
Delta plans to follow United with debt backed by loyalty program
Delta Air Lines Inc. is preparing to issue new debt backed by its frequent-flyer program, the latest to use miles to help boost liquidity amid…
Port of Montreal returns to work after 12-day strike
After a 12-day strike, the Longshoremen Union CUPE Local 375 and the Montreal Checkers’ Union at the Port of Montreal have returned to work. A…
Oil Climbs With Dual Storms Ripping Through the Gulf of Mexico
Oil rose as two storms heading for the U.S. Gulf Coast spurred offshore operators to curtail production.
TireHub fills key leadership position with automotive industry veteran
TireHub, the national tire distributor cofounded by Bridgestone Americas Inc. (Bridgestone) and The Goodyear Tire & Rubber Company (Goodyear), today announced Ted Becker as the…
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