Business

China becomes large shareholder in Norwegian Air Shuttle

Aircraft leasing company BOC Aviation, controlled by the Chinese state, has become a major shareholder in Norwegian Air Shuttle as part of the ailing airline's rescue plan, Norwegian said Wednesday.

Ryanair contests aid to rivals before EU court

Ryanair said Tuesday it has contested state aid provided to Air France and SAS to deal with the plunge in travel due to the coronavirus pandemic before the European Court of Justice.

Business

Air France must capitalise on home market: AF-KLM chief

Air France has resolved difficult staff relations that led to debilitating strikes and must now reposition itself in the ultra-competitive airline industry to take advantage of its home turf, according to Ben Smith, the head ...