Boeing shares jump 7.5% higher on news, pushing the Dow Jones index up 1.73% in its biggest one-day percentage gain since March
Passengers and revenue are not even at 40% of 2019 levels, Nok Air chief executive Wutthiphum Jurangkool said
Christopher Luxon, who helmed Air New Zealand for seven years until late 2019, has long been seen as the next leader of the conservative National Party, which suffered its worst defeat in 2020
Cathay Pacific faces a revolt from pilots who say Hong Kong's strict quarantine rule risks their mental health and has led to resignations.
Proposed project at Bukom Island could produce sustainable aviation fuel for key Asian hubs such as Hong Kong Airport and Singapore's Changi
GMR is looking at a 49:51 tie-up with AP2 for the project in Medan, which is the fourth biggest urban area in Indonesia and capital of North Sumatra province.
Valuation will be based on an earlier transaction, under which AirAsia Berhad sold its 32.6% stake, the report said
Tata group, which is in the process of taking over Air India, is looking to reduce operational costs
Industry players in the country are upgrading infrastructure, improving operations management and introducing new technologies
A return to the skies in China would be a major boon to Boeing with Jefferies saying it would be worth a 5% boost to the stock price
Regulators confiscated hundreds of automatic dependent surveillance-broadcast devices used by apps to capture aviation data
Creditors – including aircraft lessors, banks and business partners – would have to accept either a haircut or a debt-for-equity swap