Timeline: Norwegian Air’s battle for survival
The fate of Norwegian Air hangs in the balance on Friday after a deadline passed overnight for bondholders to vote on a rescue package for...
Dreams grounded: Cadet pilots face uncertain future as coronavirus turns shortage to surplus
Mark, 34, quit his job as a town planner in London last year to start flight-training school, buoyed by a conditional offer of employment with...
Norwegian Air’s fate unclear as deadline to accept rescue offer passes
The fate of Norwegain Air was in the balance on Friday after a deadline passed overnight for bondholders to vote on a rescue package for...
Norway wealth fund to back AGM resolution to make Barclays a ‘net zero’ bank
Norway’s sovereign wealth fund will vote in favour of a resolution committing Barclays to tackling climate change at the bank’s annual general meeting on May...
Ryanair grounds virtually all planes until July, reviews growth plans
Ryanair on Friday announced it would ground more than 99% of its flights until July and said it had begun negotiations with Boeing about cutting...
Trump threatens new tariffs on China in retaliation for coronavirus
U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened...
ISS gives ‘cautionary’ backing for JPMorgan lead director Raymond
Institutional Shareholder Services (ISS) recommended on Thursday that investors vote in favor of all board nominees at JPMorgan Chase & Co but called its support...
Biggest U.S. banks says they submitted $45.8 billion in loans for emergency aid program
The two largest U.S. banks, JPMorgan Chase & Co and Bank of America, said on Thursday that they submitted almost half a million applications worth...
Boeing says will not seek further funds from U.S. govt
Boeing Co has no plans to seek additional funding through the capital markets or from the U.S. government at this time, the planemaker said in...
Boeing raises $25 billion in blowout debt sale, eschews government aid
Boeing Co raised $25 billion in a bond offering on Thursday, a blowout result for the planemaker, which it said helped the company avoid taking...