Bain Buys Virgin Australia in Bold Bet on Shattered Industry
Bain Capital LP agreed to buy collapsed Virgin Australia Holdings Ltd. in one of the biggest single bets on the airline industry since it was…
U.S. Airline CEOs to Meet With Pence on Covid-19 Measures
U.S. airline bosses are set to meet Friday with Vice President Mike Pence, the White House said, as the Covid-19 pandemic that has battered travel…
Aviation’s Turnaround Man Signs Up for Repeat Job at Qantas
Alan Joyce pulled Qantas Airways Ltd. back from the brink once before. Now he’s signed up to do it again, but under much tougher circumstances.
Venezuela Oil Crisis Deepens With India Refiners Halting Imports
India’s largest private refinery halted purchases of Venezuelan oil, putting additional pressure on the Latin American country’s beleaguered oil industry.
Three Accused in China Secrets Theft Put on U.S. Wanted List
The U.S. won arrest warrants for the former president of a China state-owned chipmaker and two other engineers charged with stealing secrets from Idaho-based Micron…
Workaholic Tipped to Lead Singapore Doubles Down on Free Trade
Singaporeans go to the polls next month ahead of the third change in prime minister in some six decades. And it’s all but certain to…
United Air Boosts Debt Sale 36% to $6.8 Billion on Demand Surge
United Airlines Holdings Inc.’s second attempt to pull off a debt sale looks to have worked. The airline boosted the size of the offering on…
China Sanctions Bill On Hong Kong Law Approved by Senate
The Senate Thursday approved a bipartisan measure that would penalize banks doing business with Chinese officials involved in the national security law the country is…
World Shipping Council calls on governments to declare seafarers as key workers
On this Day of the Seafarer 2020, let us all be reminded that without seafarers, ships don’t sail, trade doesn’t flow, and the global economy…
Oil Rises on Russian Export Cuts, Offsets Virus Demand Jitters
Oil prices rose after Russia slashed exports of its flagship crude Urals to the lowest in at least 10 years, signaling the determination of Moscow…
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