The future of Asia’s biggest budget airline, AirAsia, is in “significant doubt”, auditor Ernst & Young…
Category: Transportation
Boeing set for critical 737 Max flight tests
Boeing’s bid to see its 737 Max return to the skies faces a pivotal week with…
Virgin Australia to fly again with new US owner Bain Capital
Virgin Australia has been bought by US private equity group Bain Capital after falling into administration…
Lufthansa agrees €9bn rescue deal with Germany
Lufthansa has agreed a rescue deal worth €9bn (£8bn) with the German government that saves it…
EasyJet to resume flights in June
EasyJet has said it will resume some flights on 15 June, with all passengers and cabin…
Thai Airways saved from the brink by government
Loss-making Thai Airways has been allowed to restructure its debts to keep its planes in the…
Uber announces drastic cuts to secure its future
Uber has announced a drastic action plan to scale back its business as its losses balloon…
Branson to sell Galactic stake to prop up Virgin
Sir Richard Branson is selling a stake in Virgin Galactic to raise $500m to prop up…
Colombian airline Avianca files for bankruptcy in US court
Colombia’s national airline, Avianca, has filed for bankruptcy protection in a US court. Read more at…
Qatar Airways warns of ‘substantial’ job losses
Qatar Airways has warned its employees of “substantial” redundancies as it struggles with a collapse in…
Uber axes 3,700 staff as trips drop in lockdowns
Uber has announced plans to cut 3,700 full-time staff – about 14% of its workforce –…
Air France-KLM secures billions in government aid
Air France-KLM has secured at least €9bn (£7.9bn; $9.7bn) in government aid, as the Franco-Dutch airline…