Business

Saudia, startup Riyadh Air announce big Boeing 787 order

Two Saudi airlines will purchase 78 Boeing 787 Dreamliner planes under agreements announced Tuesday in a giant order that underlines Saudi Arabia's goal to remake itself as a global aviation hub.

Business

Problems soar for airlines despite pandemic recovery

Desperate to put the coronavirus pandemic behind them, airlines will hold talks on Sunday ahead of a potential summer of chaos with shortages and strikes that could threaten their recovery.

Business

Hong Kong carrier Cathay Pacific posts $972 mn first-half loss

Struggling Hong Kong carrier Cathay Pacific on Wednesday said its losses in the first half of the year narrowed to $972 million but warned its outlook remained uncertain as the coronavirus pandemic continues to hammer international ...

Business

Cathay Pacific reports first-half loss of US$1.27 billion

Hong Kong carrier Cathay Pacific said Wednesday it lost HK$9.9 billion (US$1.27 billion) in the first half of this year as the coronavirus pandemic sent passenger numbers tumbling, eviscerating its business.

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