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DUBAI: Emirates Group was propped up by the Dubai government with a US$3.1bil (RM12.8bil) in cash infusion after a collapse in long-haul travel, the airline’s main business, led to its first loss in decades.
LONDON: Europe’s biggest airlines are seeking to deflect moves to tighten carbon curbs by favouring an increasingly discredited offsetting programme, according to climate watchdog InfluenceMap.
NEW YORK/LONDON: World stock markets closed near record highs and U.S. bond yields fell on Wednesday as some of U.S. President Joe Biden's stimulus efforts appeared to be on the rocks, boosting the appeal of technology stocks as inflation pressures ease
MOSCOW (Reuters) -Air France cancelled two more flights to Moscow on Monday after Russian authorities failed to approve flight plans that avoid Belarus airspace.
MOSCOW/PARIS (Reuters) - Russia has approved a new route for Air France flights between Paris and Moscow avoiding Belarusian airspace, initially just for this weekend, a spokesman for the French airline said on Saturday.
PARIS (Reuters) - Air France cancelled a Paris-Moscow flight on Wednesday after Russia failed to approve a new route bypassing Belarus, the airline said.
(Reuters) - European Union leaders have called for Belarusian airlines to be banned from the 27-nation bloc's airspace and urged EU-based carriers to avoid flying over the former Soviet republic.
(Corrects name of woman detained to Sapega instead of Sagega, paragraphs 17,20 and 22)
PARIS: Air France-KLM raised €1.04bil (US$1.25bil or RM5.12bil) through a share issue that saw the French government’s holding in the struggling airline increase to 28.6%, more than triple that of the Netherlands.