Edging closer to bailout, Lufthansa accepts tweaked demands by Brussels
Lufthansa’s management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a 9 billion euro ($10...
United Airlines cutting 13 top jobs, adding international flights in July
United Airlines Holdings Inc said on Friday it will eliminate 13 officer positions even as it adds international flights back to its network, part of...
Southwest Airlines CEO sees low-fare environment when traffic returns
Southwest Airlines Co Chief Executive Officer Gary Kelly said on Friday he expects a “brutal low-fare” environment when traffic returns after coronavirus-induced restrictions ease....
Sale of shut Philly refinery to real estate developer delayed
The closing of a $252 million sale of the Philadelphia Energy Solutions (PES) oil refinery to a Chicago-based real estate developer has been delayed, a...
Preliminary agreement reached in Lufthansa bailout row: sources
Germany and Brussels have reached a preliminary agreement in the ongoing row over the 9 billion euro ($10 billion) bailout of carrier Lufthansa , two...
Preliminary agreement reached in Lufthansa bailout row: source
Germany and Brussels have reached a preliminary agreement in the ongoing row over the 9 billion euro ($10 billion) bailout of carrier Lufthansa , two...
Stocks rebound on relief at Trump’s response to China over Hong Kong
A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington’s special treatment of...
U.N. agency task force urges uniform approach to flying during coronavirus
A United Nations aviation-led task force is urging airlines, airports and countries to come up with a uniform approach to flying safely during the coronavirus...
Wall Street ends mostly up; Trump comments on China but takes no action on trade
U.S. stocks finished mostly higher on Friday after President Donald Trump announced measures against China in response to new security legislation that were less threatening...
Trump administration to study ways to protect for U.S. investors from Chinese firms
The Trump administration will study ways to safeguard Americans from the risks of investing in Chinese companies, U.S. president Donald Trump said on Friday, ratcheting...