Deutsche Lufthansa's unit Swiss could announce additional job cuts in the second quarter as the pandemic crimps air travel, its chief executive told Swiss newspaper SonntagsBlick.
The French government and the European Union's executive are close to an agreement on the terms of a bailout for Air France, which like other carriers has been hammered by the coronavirus pandemic, Le Monde reported.
Kenya Airways said it has suspended domestic flights to comply with new anti-coronavirus lockdown measures announced by the east African country's President Uhuru Kenyatta on Friday.
At least three Chinese celebrities on Saturday dropped German fashion house Hugo Boss, the latest foreign brand caught in a concerted boycott by Chinese consumers over Western accusations of forced labour in Xinjiang.
AirAsia Group Bhd expects to secure 1 billion ringgit ($241.28 million) in loans from three Malaysian banks, pending approval from local regulators, group chief executive Tony Fernandes said in a report by The Edge Malaysia.
Boeing Co has resumed deliveries of its 787 Dreamliner jets, handing over one plane to United Airlines on Friday, an initial step as the U.S. planemaker works through production defects that sidelined dozens of aircraft.
A stranded container ship blocking the Suez Canal threatens to make it even more difficult for European and U.S. retailers to keep products in stock during the coronavirus pandemic.
The United States on Friday condemned what it called a "state-led" social media campaign in China against U.S. and other international companies for deciding not to use cotton from China's Xinjiang region over forced labor concerns.
The European Commission has approved 24.7 million euros ($29 million) of Italian state aid for Alitalia to compensate the airline for losses suffered during the pandemic, the EU executive said on Friday.
Russian metals producer Nornickel said on Friday it would spin off its stake in the Bystrinsky copper and gold mine and distribute it among its own shareholders.
Talks between the European Union and Italy on a restructuring plan for Alitalia face a stumbling block as the European Commission demands the carrier give up a significant number of airport slots, three sources close to the matter said.
Ireland's High Court on Friday approved Norwegian Air's restructuring scheme, clearing the way for the airline to raise new capital and emerge from bankruptcy protection in Ireland and Norway in May.
Ireland's High Court on Friday
approved Norwegian Air's restructuring scheme,
clearing the way for the airline to raise new capital and emerge
from bankruptcy protection in Ireland and Norway in May.
China's top ride-hailing app dropped Swedish fashion retailer H&M from its listings as Chinese celebrities stopped endorsing foreign labels in a growing uproar over Western accusations of "forced labour" in Xinjiang.
Bayer AG said on Friday it had reached an "amicable settlement" in its Monsanto unit's long-running intellectual property dispute with Indian seed maker Nuziveedu Seeds Ltd (NSL) over genetically modified cotton seeds.
Bayer AG said on Friday it had reached an "amicable settlement" in its Monsanto unit's long-running intellectual property dispute with Indian seed maker Nuziveedu Seeds Ltd (NSL).
Chile’s LATAM Airlines is open to signing an exclusive contract with an e-commerce operator in Latin America as it looks to boost its cargo unit due to persistently weak passenger demand resulting from the coronavirus pandemic, an executive told Reuters.
Talks between the EU and Italy on a restructuring plan for Alitalia face a stumbling block as the European Commission demands the carrier give up a significant number of airport slots, three sources close to the matter said.
China's top ride-hailing app Didi Chuxing has dropped H&M from its listings, joining a backlash over comments made by the Swedish fashion retailer last year about labour conditions in Xinjiang province.