airlines

Middle East Tensions Roil Global Markets as Oil Prices Surge

The sudden escalation of conflict in the Middle East sent shockwaves across global markets. Oil prices surged by almost $5…

2 years ago

Kuwait International Bank Empowers Fintech Innovation through Visa Ready Program

Kuwait International Bank (KIB) is paving the way for a revolutionary transformation in the banking landscape of Kuwait through its…

2 years ago

Analysis: As Ukraine war drags on, Europe’s economy succumbs to crisis

A post-pandemic spending euphoria, supported by copious government spending was set to drive the economy and help fatigued households regain…

3 years ago

UK midcaps at three-week low as recession fears grow

UK midcaps hit a three-week trough on Monday while the export-centric FTSE 100 eased from its recent peak on fears…

3 years ago

U.S. airlines to defend $54 billion COVID-19 government lifeline

Major U.S. airlines Wednesday will defend a $54 billion COVID-19 government lifeline even as they face operational challenges and work…

4 years ago

Global airlines prepare for Omicron-induced volatility

Airlines are bracing for a fresh round of volatility due to the Omicron variant of COVID-19 that could force them…

4 years ago

Locked in hotels: Hong Kong’s COVID-19 rules take mental toll on Cathay pilots

One of Asia's largest airlines, Cathay Pacific, is facing a revolt from pilots who say Hong Kong's tough quarantine rules…

4 years ago

Wizz Air CEO says business class flying bad for environment

The boss of Hungarian budget airline Wizz Air (WIZZ.L) attacked the sustainability credentials of traditional airlines like Air France-KLM (AIRF.PA) and Lufthansa (LHAG.DE), saying business…

4 years ago

U.S. airlines and Amazon join push to reduce aircraft emissions

Major U.S. airlines and Amazon.com's (AMZN.O) aviation unit are joining an effort to speed development and use of sustainable aviation…

4 years ago

Malaysia’s AirAsia X proposes paying 0.5% of $8.1 bln debt

AirAsia X Bhd (AAX) (AIRX.KL) is proposing to pay just 0.5% of debt owed to each of its creditors and to terminate…

4 years ago