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PARIS: Air cargo operators may struggle to distribute new Covid-19 vaccines effectively unless pandemic travel restrictions are eased, global airlines cautioned.
BRUSSELS/BERLIN: The European Union will impose tariffs on up to US$4 billion of U.S. imports in retaliation for U.S. subsidies for Boeing, but said on Monday it was hopeful of an improvement in trade ties under U.S. President-elect Joe Biden.
Unprecedented collapse in air travel cripples industries
BENGALURU: Air Canada has slashed its price to buy Canadian tour operator Transat AT Inc, with the deal now worth about C$188.7mil (US$143.86mil).
SEATTLE/CHICAGO: Boeing Co is in discussions to sell 737 MAX jets to Alaska Airlines once the plane returns to service following a lengthy grounding, three people familiar with the matter said.
KUALA LUMPUR: AirAsia X Bhd (AAX) has announced a group-wide debt and corporate restructuring scheme, as the cash-starved budget airline seeks to avoid liquidation.
PETALING JAYA: AirAsia Japan Co Ltd (AAJ) has decided to cease its operations, effective yesterday.
SEATTLE/WASHINGTON: Federal Aviation Administration (FAA) Chief Steve Dickson conducted a nearly two-hour evaluation flight at the controls of a Boeing 737 MAX on Wednesday, a milestone for the jet to win approval to resume flying after two fatal crashes.
SYDNEY: Air New Zealand Ltd said on Wednesday it aims to cut up to 385 more cabin crew jobs due to the lack of long-haul international flying, which would take its COVID-19 related job losses to around 37% of its workforce.