Qatar Airways is planning to cut a significant number of jobs because travel has been disrupted by the coronavirus pandemic, and told cabin crew to prepare for redundancies, according to a company notice seen by Reuters.
The U.S. Transportation Department said Tuesday that JetBlue Airways Corp and Spirit Airlines Co can halt some flights through Sept. 30 amid the massive travel falloff due to the coronavirus pandemic.
The U.S. Transportation Department said Tuesday that JetBlue Airways Corp and Spirit Airlines Co can halt some flights through Sept. 30 amid the massive travel falloff due to the coronavirus pandemic.
Norwegian Air will sell new shares at a 79% discount to the latest traded price on the Oslo Bourse, the budget carrier said on Tuesday as it seeks to boost its equity in order to qualify for Norway's government aid package.
Canada will invest C$252 million ($179.5 million) to help some of the country's farm and food processing sectors weather the coronavirus outbreak, Prime Minister Justin Trudeau said on Tuesday, adding more money could come later if needed.
The United States and Britain launch trade negotiations by videoconference on Tuesday following the UK's exit from the European Union, as both allies struggle with the effects of the coronavirus crisis and aim to shore up domestic supply chains.
Argentine biodiesel exports have ground to a complete halt due to the coronavirus pandemic hammering demand in Europe, the head of the local industry chamber told Reuters.
Aircraft leasing giant AerCap said it had boosted liquidity and reduced capital spending for 2020 by postponing jet deliveries, while withdrawing its full-year outlook as the coronavirus crisis batters aviation.
Comair said on Tuesday that it has entered voluntary business rescue - South Africa's bankruptcy protection process - after a nationwide lockdown to curb the spread of the coronavirus forced airlines to suspend all commercial flights.
Comair said on Tuesday that it has filed for voluntary business rescue - South Africa's bankruptcy protection process - after a nationwide lockdown to curb the spread of the coronavirus forced airlines to suspend all commercial flights.
Wendy's Co said on Tuesday its restaurants may face a shortage of many menu items, including hamburgers, as beef processors in the United States struggle to keep their plants open amid the COVID-19 pandemic.
British airline Virgin Atlantic said on Tuesday it planned to cut 3,150 jobs and would move its flying programme from London Gatwick to Heathrow airport as it counts the cost of the COVID-19 pandemic.
The body representing global airlines came out in favour of passengers wearing masks onboard on Tuesday, as debate intensifies over how to get airlines flying while respecting social-distancing rules in the wake of the coronavirus crisis.
Brazil is expected to produce 35.3 million tonnes of sugar in the 2020-21 season (April-March), 18.5% more than in the previous crop, as mills allocate more cane to make sugar and less to produce biofuel ethanol.
British airline Virgin Atlantic said on Tuesday it planned to cut 3,150 jobs and would move its flying programme from London Gatwick to Heathrow airport as it counts the cost of the COVID-19 pandemic.
Lufthansa is not planning to buy rivals weakened by the coronavirus crisis, Chief Executive Carsten Spohr told shareholders at the company's virtual annual general meeting on Tuesday.
Some 40 Cuban sugar mills remain open out of season despite a partial lockdown of the country, in a last-ditch effort to add foreign exchange to the government's all-but-empty coffers.
Aircraft leasing company AerCap Holdings on Tuesday warned it could cancel some Boeing 737 MAX orders and withdrew its full-year outlook amid a slump in travel demand due to the COVID-19 pandemic that has battered business globally.
Reuters
Checked
17 minutes 35 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities