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The Dutch government on Friday said it would provide Air France-KLM's Dutch subsidiary KLM with a 3.4 billion euro ($3.81 billion) financing package to help it survive during the coronavirus outbreak.

With no sign of the global coronavirus threat easing anytime soon, protective masks are fast becoming fashion accessories for Indonesians and Malaysians keen to add some style and humour to healthwear essentials.

Mexican airline Aeromexico said on Thursday that in July it will operate twice as many domestic flights as it did in June and expects to increase its international operations four-fold over the same time.

China's soybean imports from top supplier Brazil soared in May to their highest in two years, according to customs data released late on Thursday, as backed-up cargoes that were delayed by bad weather in Brazil cleared customs.

Qantas Airways Ltd successfully completed a discounted A$1.36 billion ($940 million) share placement to institutional investors on Friday, before its shares dropped to a one-month low as they resumed trading.

U.S. private equity group Bain Capital has been selected as the preferred bidder for Virgin Australia Holdings Ltd, the airline's administrator said on Friday without disclosing the terms of the deal.

The chief executives of major U.S. airlines are set to hold a meeting Friday to discuss a range of coronavirus-related travel issues including the industry's push to convince the federal government to mandate temperature checks for passengers, three people briefed on the matter said.

The chief executives of major U.S. airlines are set to hold a meeting Friday to discuss a range of coronavirus-travel issues, three people briefed on the matter said.

Qantas Airways Ltd said on Friday it has raised A$1.36 billion ($940 million) by issuing shares to institutional investors.

Six U.S. unions representing aviation workers told top lawmakers on Thursday that another $32 billion in payroll aid is needed to keep hundreds of thousands of workers employed through March 31, as a resurgence in coronavirus cases raises fears that air travel may not rebound this year.

Last fall, European Space Agency satellites detected huge plumes of the invisible planet-warming gas methane leaking from the Yamal pipeline that carries natural gas from Siberia to Europe.

Cyrus Capital Partners said on Friday it had withdrawn its bid for Virgin Australia Holdings Ltd, citing a lack of engagement by the airline's administrator, but said it was willing to reinstate it under certain conditions.

Cyrus Capital Partners said on Friday it had withdrawn its bid for Virgin Australia Holdings Ltd, citing a lack of engagement by the airline's administrator, but said it was willing to reinstate it under certain conditions.

The Dutch government has reached a deal with France to contribute 3.4 billion euros ($3.8 billion) to an Air France-KLM bailout that had strained relations between the airline group's state shareholders, sources told Reuters.

Air France said on its website on Thursday that its KLM subsidiary will receive a 3.4 billion euro bailout package "to overcome the crisis and to prepare for the future."

The Dutch finance minister said on Thursday the government will hold a news conference on Friday to release details of an aid package agreed by France and the Netherlands on his country's contribution to bail out Air France-KLM.

Nike Inc on Thursday reported a loss for the fourth quarter, as retailers had to shut stores for weeks due to lockdowns spurred by the COVID-19 pandemic, sending shares of the world's largest footwear company down 3.5%.

Nike Inc on Thursday reported a fourth-quarter loss, as retailers had to shut stores for weeks due to lockdowns spurred by the COVID-19 pandemic, sending shares of the world's largest footwear company down 3.3% in extended trading.

An appeals court in Brazil's southern Rio Grande do Sul state ruled that a plant operated by meatpacker JBS SA must close, overturning a lower labor court decision allowing it to open after an outbreak of the novel coronavirus, according to a statement from the state's labor prosecutors on Thursday.

Morocco's OCP Group expects a fertiliser plant in Ghana and an ammonia plant in Nigeria to be operational by 2024, the company's chief growth officer said, adding 2 million tonnes a year to its global output capacity.