Airline will now embark on recapitalisation approved by its shareholders in June 2021, with completion expected in the first quarter of 2022

IndiGo, the country’s biggest airline, operates more domestic flights on peak travel days now than it did before Covid pandemic

Chief executive says carrier took almost 500,000 domestic bookings in past two weeks, compared with 20,000 over a fortnight in August

Analysts say the conditions are right for airlines to fail with carbon targets, falling business travel and shareholder activism all bringing pressure to bear

New levy based on distance is part of the UK Budget announced by chancellor of the exchequer Rishi Sunak

11 group entities – including flagship airline Hainan Airways – will get a cash injection and be put into one company in a bid to reduce debt, sources say

  (AF) More than $4.3 billion has been invested in air taxi startups this year – a record – through...

Aviation regulator clears freight airline based in Jiangsu; Move comes after JD Logistics raised $3.16bn in IPO in May

US aircraft giant is facing political headwinds in China over returning its troubled narrow-bodied jet to the skies (AF) Six...

The Hong Kong carrier, looking at a 99.3% fall in passenger numbers compared with pre-pandemic figures, is in talks with the European plane-maker about cutting numbers in the cock-pits

A Thai court has approved the ailing airline’s $12.9 billion debt makeover proposal as it seeks to recover from years of struggle, made even worse by 2020’s worldwide pandemic

Mainstream companies join the craze to make flying cars, but concept faces long road to regulatory approval and commercialisation (AF)...