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CHINA AIRLINES LOSSES
China’s Big Three airlines sink deeper into losses as fuel costs soarChina's three largest state-owned airlines reported substantial first-half losses. Surging jet fuel prices and a weak summer season impacte...- 'Key to long-term growth': Temasek backs Singapore Airlines’ Air India bet amid investor scrutinySingapore's Temasek supports Singapore Airlines' Air India investment for future growth. This strategic move aims to deepen the carrier's p...
- Air India’s $1.5 billion funding ask sparks backlash in Singapore parliamentA Singapore politician questions the logic of Singapore Airlines supporting Air India. He opposes using Temasek funds for Air India's turna...
- Five things to know about Anthropic ahead of Wall Street debutAnthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse S...
- SpiceJet insolvency case: NCLT allows lessor to withdraw plea, imposes fine on both Aviator ML & cash-strapped airlineThe National Company Law Tribunal allowed Aviator ML to withdraw its insolvency plea against SpiceJet. Both parties faced a fine for late s...
- Ukraine takes aim at Russia's economy and morale by attacking online retailerFor over a month, Ukrainian drones have been relentlessly striking warehouses belonging to Russian online retailer Wildberries. This offens...
- SpiceJet gets more time as NCLT defers lessors’ bankruptcy casesThe NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...
- Tata chair N Chandrasekaran’s exit leaves $120 billion spending ambition in limboTata Group is facing a leadership and strategy reset after N Chandrasekaran’s decision to step down as Tata Sons chairman, putting the cong...
- From coffee to cars: Inside the Tata empire as its chairman steps downN Chandrasekaran will leave Tata Sons as chairman after failing to secure board approval for his reappointment, amid tensions with Tata Tru...
- Post Chandrasekaran, the head that wears the Tata crown won't rest easyAs N. Chandras ekaran prepares to step down, Tata Sons faces a pivotal succession dilemma. The new chairman will take the reins of iconic b...
- Tewolde Gebremariam: The storied career of Air India's new helmsman and the tough India test that awaits himTewolde Gebremariam, known for crisis management, will lead Air India. He previously managed Ethiopian Airlines through major global crises...
- Chinese airlines order 95 Airbus jets with list price of $17.8 billion to expand fleetsThree Chinese airlines are purchasing ninety-five Airbus aircraft valued at seventeen point eight billion dollars. Air China and Shenzhen A...
- Nearly 2 million people flee in China as typhoon lashes Taiwan, Japan islandsTyphoon Bavi has forced nearly two million people to evacuate their homes in China. Northern Taiwan and Japan's islands also experienced se...
- Global markets are mixed and oil prices rise as Iran and US launch new attacksGlobal markets show mixed early trading as oil prices rise modestly. Fresh attacks between Iran and the United States threaten a fragile re...
- China, Taiwan brace for Typhoon Bavi, possibly the most powerful storm in yearsTyphoon Bavi is approaching Taiwan with powerful winds and heavy rainfall. Thousands of soldiers are on standby as the island prepares for ...
- AirAsia X to keep lowering fares as jet fuel prices fallAirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...
- Asia Pacific carriers to lose $27.8 billion revenue due to coronavirus: IATACarriers around the globe will incur revenue loss of $29.3 bn as an impact of the coronavirus outbreak.
- Malaysia Airlines says Q1 loss rose 59 per centThe flag carrier says net loss surged to 443.4 million ringgit ($137.8 million) in the January-to-March period. Revenue still rose 1.7 perc...
- Air China reports $454 mn in fuel hedge contract losses: reportFlag carrier Air China said it was facing fuel hedging contract losses of up to 454 million dollars at the end of October as global oil pri...
- China Eastern expected to sign deal with Singapore AirlinesChina Eastern is expected to sign a deal on Sunday to sell a stake to Singapore Airlines, an alliance that would bring welcome cash and man...
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