AviationFeaturedColombian airlines Avianca files for bankruptcyInternational Finance Business DeskMay 11, 2020May 11, 2020 by International Finance Business DeskMay 11, 2020May 11, 2020 More than 80% of Avianca's income has been affected by the pandemic... Read more
AviationFeaturedSingapore’s Temasek eyes stake in troubled Virgin AtlanticPritam BordoloiMay 11, 2020May 11, 2020 by Pritam BordoloiMay 11, 2020May 11, 2020 Delta Air Lines currently holds 49% or Virgin Atlantic and the remaining 51% by Virgin Group... Read more
EconomyFeaturedUN releases framework to lift economies, save jobsPritam BordoloiApril 28, 2020April 28, 2020 by Pritam BordoloiApril 28, 2020April 28, 2020 The UN calls for an scale-up of international support and political commitment to ensure access to essential services and social protection... Read more
AviationFeaturedGoAir urges employees to go on indefinite leave without payInternational Finance Business DeskApril 21, 2020 by International Finance Business DeskApril 21, 2020 GoAir will continue to pay a small section of employees on payroll to resume operations after the lockdown is lifted... Read more
AviationFeaturedflydubai opens bookings for repatriation flights to 13 destinationsInternational Finance Business DeskApril 13, 2020 by International Finance Business DeskApril 13, 2020 These flights are scheduled to operate between April 14 to April 22 from Dubai International Airport Terminal 2... Read more
AviationFeaturedSingapore records the highest number of grounded flightsInternational Finance Business DeskApril 6, 2020 by International Finance Business DeskApril 6, 2020 Singapore has 205 flights stationed while Hong Kong has recorded 178... Read more
AviationFeaturedGulf airlines see 20% spike in cargo demand for essential suppliesInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 Mainly, food and medical supplies are in great demand globally... Read more
AviationFeaturedEtihad Airways cuts staff and executives salaries up to 50%International Finance Business DeskMarch 26, 2020 by International Finance Business DeskMarch 26, 2020 This move will help the airline to cope with the negative impact of the coronavirus pandemic... Read more
AviationFeaturedKenya Airways to ground 90 percent of its fleet following Coronavirus threatInternational Finance Business DeskMarch 24, 2020 by International Finance Business DeskMarch 24, 2020 Kenya Airways has suspended international flights and plans to restrict operations for domestic flights following a state order... Read more
AviationFeaturedAirbus to stop production in France and SpainInternational Finance Business DeskMarch 18, 2020 by International Finance Business DeskMarch 18, 2020 The planemaker will temporarily suspend production to implement stringent health and safety conditions... Read more