Cathay Pacific to cut 6,000 jobs, axe Cathay Dragon brand: SCMP
Hong Kong's Cathay Pacific Airways Ltd 0293.HK will cut around 6,000 jobs, or 18% of its workforce, and axe regional brand Cathay Dragon to help...
U.S. passenger airline traffic rising, but still down sharply over 2019
WASHINGTON:U.S. passenger airline traffic continues to rebound over historic lows after the coronavirus pandemic, but is still down sharply over 2019 levels. The U.S. Transportation...
Air travel within China almost returns to “pre-pandemic levels”
NEW YORK: Domestic air travel in China has nearly fully recovered from the COVID-19 pandemic, according to data released Wednesday by ForwardKeys, which predicted the...
Israeli flag carrier El Al reports $244 million loss
TEL AVIV: Israeli flag carrier, El Al has reported a $244 million loss in the first half of this year in the wake of the ongoing...
Qantas international head to depart as overseas flying remains grounded
SYDNEY:Qantas Airways Ltd (QAN.AX) said on Monday its international division head Tino La Spina would leave the company, in a cost-saving move at a time...
Uttar Pradesh: 69 firms allotted land near Jewar airport during coronavirus pandemic, investments of over Rs 2,300 crore expected
NEW DELHI: Notwithstanding the COVID-19 outbreak, 69 firms were allotted industrial land near the upcoming Jewar airport between May and July, with officials expecting investments...
Norwegian Air’s lessors including China’s BOC take main ownership
OSLO: Lessors including China’s BOC Aviation are now the biggest shareholders in Norwegian Air (NWC.OL) after the budget carrier completed a debt restructuring and secured...
Airline SAS cuts up to 5,000 jobs due to pandemic
STOCKHOLM: Scandinavian airline SAS (SAS.ST) said on Tuesday it could reduce about half its workforce as it struggles to survive the coronavirus outbreak. Big airlines...