Airbus said on Thursday it had received multiple requests from customers to defer deliveries after travel demand collapsed due to the coronavirus epidemic.
Vietjet Aviation has reached agreements with its lenders to delay repayments on loans it used to buy aircraft, the Vietnamese budget airline said on Thursday.
The Thai government expects to conclude a capital injection plan for flagship carrier Thai Airways International Pcl next week, a government minister said on Thursday.
China's HNA Group criticised its finance department for failing to properly arrange a bondholder meeting to discuss delaying the repayment of a $163 million bond, as it again sought to placate investors angry about a late notice.
Abu Dhabi’s Etihad Airways has the full support of its state shareholder as it plans a partial resumption of passenger flights from May 1, its chief executive Tony Douglas said on Thursday.
Is this unwillingness to build much further on the rally of recent weeks, or are we about to see the start of another leg of losses? Unclear, but there is a tentative air to this market.
British low cost airline easyJet said it would be able to survive a lengthy fleet grounding during the coronavirus pandemic due to the steps it had taken to shore up its finances.
Chocolate maker Barry Callebaut has tapped a 1 billion euro ($1.09 billion) revolving credit facility to shore up liquidity because the impact of the new coronavirus is difficult to predict, the Swiss company said on Thursday.
United Airlines Holdings Inc said on Wednesday that it has cut its flight schedule by 90% in May and expects similar cuts for June as a result of the coronavirus pandemic, and warned that travel demand that is now "essentially at zero shows no sign of improving in the near term," making job cuts likely.
Cash-strapped Virgin Australia Holdings Ltd on Thursday suspended trading in its shares to continue talks on financial aid and restructuring alternatives to help it weather the coronavirus crisis.
Cash-strapped Virgin Australia Holdings Ltd on Thursday suspended trading in its shares to continue talks on financial aid and restructuring alternatives to help it weather the coronavirus crisis.
Smithfield Foods Inc, the world's largest pork processor, said on Wednesday it would shutter two U.S. plants that process bacon and ham, after closing a separate hog slaughterhouse because of an outbreak of the coronavirus among employees.
J.C. Penney Co Inc said on Wednesday it will not make a $12 million interest payment on its long-term corporate bonds, a day after Reuters reported the department store operator was considering filing for bankruptcy protection.
Egypt's General Authority for Supply Commodities (GASC) set a tender on Wednesday to buy an unspecified amount of wheat from global suppliers for shipment from May 21 to June 5.
LATAM Airlines Group SA, Latin America's largest carrier, will need regional government support as it undertakes a coronavirus recovery process which could last up to two years, a company executive said on Wednesday.
Numerous major U.S. airlines are preparing to apply this week for a $25 billion U.S. government loan program after winning billions in federal payroll grants, people familiar with the matter said.
Numerous major U.S. airlines are preparing to apply this week for a $25 billion U.S. government loan program after winning billions in federal payroll grants, people familiar with the matter said.
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