aviation

Save Our Summer: UK pilots and cabin crew issue travel sector rescue plea

British pilots, cabin crew, travel agents and other workers are urging politicians to save the summer holiday season by reopening…

4 years ago

Japan to consider tighter rules on foreign owners of domestic firms -Yomiuri

The Japanese government is looking at tightening regulations on foreign funds that hold stakes in domestic firms with important technology…

4 years ago

Europe’s Wizz Air expects to fully recover from pandemic next year

European budget carrier Wizz Air (WIZZ.L) expects to fully recover from the coronavirus crisis as travel demand rebounds from the…

4 years ago

Philippine Airlines parent posts record loss, readies restructuring plan

MANILA, June 17 (Reuters) - The parent company of Philippine Airlines' (PHL.UL) booked a record 73 billion pesos ($1.51 billion)…

4 years ago

Court approves Thai Airways plan for makeover of $12.9 bln debt

Thai Airways International Pcl (THAI.BK) won court approval on Tuesday to restructure a debt load of $12.9 billion as the…

4 years ago

GE, Safran venture to develop radical new jet engine

General Electric (GE.N) and France's Safran (SAF.PA) has unveiled plans to test-build an open-bladed jet engine able to reduce fuel…

4 years ago

Pandemic drags Emirates to $5.5 bln loss, its first in 33 years

Emirates said Dubai's government would continue to support the airline through the coronavirus pandemic after posting an annual loss of…

4 years ago

Archer’s flying taxi makes splashy debut in heated market

Archer Aviation unveiled its first electric flying taxi “Maker” in a Tesla-style debut on Thursday as an increasing number of…

4 years ago

Cathay Pacific given extension to draw down $1 bln govt loan

Cathay Pacific Airways Ltd (0293.HK) said on Tuesday that the Hong Kong government had agreed to extend the drawdown period…

4 years ago

Air Canada executives to return bonuses after government aid outcry

Top executives at Air Canada (AC.TO) will return their bonuses and share awards, the carrier said on Sunday, in response…

4 years ago