Business

Korean Air to take over troubled Asiana Airlines for $1.6 bn

South Korean flag carrier Korean Air said Monday it will buy out its smaller, troubled rival Asiana Airlines in a $1.6 billion deal as it looks to consolidate with the global aviation sector devastated by the coronavirus ...

Business

Boeing sees more cancelled orders as MAX nears return

Boeing said Tuesday it was hit with another 12 cancelled orders for the 737 MAX, as the flagship aircraft is close to returning to the skies after being grounded since March 2019 following two deadly crashes.

Business

AirAsia's future in doubt due to virus; share price tumbles

The future of top regional budget carrier AirAsia is in "significant doubt" after the collapse in travel demand caused by coronavirus, its auditor warned, sending the airline's share price tumbling nearly 18 percent on Wednesday.

Hi Tech & Innovation

Dry ice could prevent rail delays caused by 'leaves on the line'

Researchers from the University of Sheffield, in collaboration with Icetech Technologies, have used dry ice to develop a new solution to the problem of leaves on the line, which cause delays, cancellations and timetable changes ...

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