Japan's biggest air carrier, ANA Holdings Inc, reported on Wednesday an operating loss of 159 billion yen ($1.51 billion) for the first quarter from April to June, but offered no annual forecast, citing demand uncertainty over the coronavirus pandemic.
U.S. oil refiners in coming days are expected to report the worst second-quarter results in a decade, with production outrunning demand while pandemic-related closings have sapped summer travel.
The union representing FedEx Corp pilots on Tuesday called on the U.S. package delivery company to suspend its operations in Hong Kong after some of its members were subject to "extremely difficult conditions" in government-mandated quarantine aimed at tamping down the spread of the coronavirus.
Spirit Airlines is preparing to inform unions on Friday that 20-30% of workers may be furloughed in October, an internal memo shows, becoming the first low-cost U.S. carrier to detail potential job cuts due to the coronavirus pandemic.
U.S. low-cost carrier Spirit Airlines is preparing to inform unions on Friday that 20% to 30% of workers including pilots and flight attendants may be furloughed in October, according to a memo from the CEO sent to employees on Tuesday.
The union representing FedEx Corp pilots on Tuesday called on the U.S. package delivery company to suspend its operations in Hong Kong after some of its members were subject to "extremely difficult conditions" in government-mandated quarantine aimed at tamping down the spread of the coronavirus.
Colombia's national lockdown to curb infections of the new coronavirus will be extended by one month until the end of August, President Ivan Duque said on Tuesday.
Mexican airline Aeromexico, which is in a Chapter 11 restructuring process, on Tuesday posted a 27.42 billion peso ($1.19 billion) net loss for the second quarter.
British retailers discounted their goods less in July than the month before, after consumer demand picked up in many sectors as coronavirus lockdown restrictions eased, data from the British Retail Consortium showed on Wednesday.
The Senate Armed Services Committee's Republican chairman said on Tuesday he will block the renewal of the term of a Federal Communications Commission member over the independent agency's decision to allow Ligado Networks [MOSAV.UL] to deploy a low-power nationwide mobile broadband network.
The Senate Armed Services Committee's Republican chairman said on Tuesday he will block the nomination of a Federal Communications Commission nominee over the agency's decision to allow Ligado Networks [MOSAV.UL].
Some 14 cases of COVID-19 have been confirmed in Argentina's grains sector, affecting the operations of ports and oilseeds crushing plants, the head of the CIARA-CEC grains exporting and crushing chamber, Gustavo Idigoras, told Reuters on Tuesday.
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Russian bank VTB has acquired the remaining 30% of grain trader Mirogroup to raise its holding to 100% as it continues to expand its grain trading activities.
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A rescue plan for South African Airways (SAA) is ready and can be implemented once funding for the restructuring is found, the state-owned airline's administrators said on Tuesday.
Russia's En+ Group said on Tuesday it backed a call to overhaul the management of Norilsk Nickel (Nornickel) after a major fuel spill in the Arctic at one of the nickel and palladium producer's plants.
JetBlue Airways' future is all about cash and cost structure as it prepares to weather a choppy, non-lineal recovery from the coronavirus pandemic that has crushed air travel demand, Chief Executive Robin Hayes told investors on Tuesday.
China and the European Union will accelerate negotiations in order to conclude a China-EU investment agreement by the end of this year, Chinese Vice Premier Liu He said on Tuesday.
Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 - a year longer than previously expected - for passenger traffic to return to pre-crisis levels.