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India’s airlines seek US$1.5bil credit line
MUMBAI: Airlines in India are seeking at least US$1.5bil as an interest-free credit line from the government, Civil Aviation Minister Hardeep Singh Puri said, as lockdowns and restrictions linked to the coronavirus pandemic hit demand for air travel.
Travellers snap up Asian airlines' scenic 'flights to nowhere'
SYDNEY/SINGAPORE: Qantas Airways Ltd said a seven-hour scenic flight over Australia's Outback and Great Barrier Reef had sold out in 10 minutes, as it joined a growing trend in Asia offering "flights to nowhere" that take off and land at the same airport.
Air New Zealand plans to cut up to 385 more cabin crew jobs
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.
Thai Airways gets approval for US$11bil rescue plan
BANGKOK: Thai Airways International Pcl, the nation’s flagship carrier, has received court approval for its business restructuring.
Thai court approves Thai Air's revamp request
BANGKOK: Thailand's Central Bankruptcy Court approved on Monday Thai Airways International Pcl's request to restructure its debt as part of bankruptcy proceedings, Judge Kampol Roongrat said.
How Covid-19 has affected business class travel
Efforts to minimise human interaction are taking a toll
Thai Airways faces court ruling on debt restructuring plan
BANGKOK: Thai Airways International Pcl, the nation’s flagship carrier, faces one of its biggest challenges in its 60-year history, with a local court set to rule on its debt restructuring today.
Singapore Air makes ‘agonising decision’ to cut 4,300 jobs
SINGAPORE: Singapore Airlines Ltd is eliminating about 4,300 jobs as it contends with the devastating impact of the coronavirus pandemic on the aviation industry.
Temasek’s China exposure surpasses S’pore for 1st time
This follows gains in companies such as Alibaba
