Thomas Cook debt-holders scramble for protection against defaultTravel Agents & Tour Operators

Thomas Cook debt-holders scramble for protection against default

The cost of insuring debt issued by Thomas Cook against default hit a record high and its bonds tumbled on…

South Africa Airways needs $540 million in working capital from next month

South Africa Airways needs $540 million in working capital from next month

South Africa’s cash-strapped state airline will need a total of 7.5 billion rand ($540 million) from next month to fund…

Cathay Pacific execs grilled over data breach ‘crisis’Uncategorized

Cathay Pacific execs grilled over data breach ‘crisis’

Cathay Pacific Airways said today it is working with 27 regulators in 15 jurisdictions to investigate a data breach that…

UK airlines hit out at higher levy on long-haul flights

UK airlines hit out at higher levy on long-haul flights

Britain’s aviation industry hit out at the government on Monday over its decision to increase a tax on long-haul flights,…

Airline fuel efficiency improves but lags industry goals

Airline fuel efficiency improves but lags industry goals

Airline fuel efficiency on transatlantic flights has improved by one percent a year since 2014 as carriers buy modern planes,…

Nepal probe blames weeping pilot for deadly airliner crashTransport

Nepal probe blames weeping pilot for deadly airliner crash

A deadly plane crash at Nepal’s international airport was the fault of the pilot, who had been “extremely upset” and…

Ryanair reaches agreement with Irish union in pilots dispute

Ryanair reaches agreement with Irish union in pilots dispute

Ryanair reached an agreement with the trade union representing its Irish pilots today, a breakthrough that sent its shares sharply…

AirAsia X to seek IPO for Thai arm soon as it looks to restructure

AirAsia X to seek IPO for Thai arm soon as it looks to restructure

Long-haul carrier AirAsia X Bhd will pursue an IPO of its Thai arm “soon” as it looks to restructure itself…

Rolls-Royce CEO cuts 4,600 jobs to boost profitability

Rolls-Royce CEO cuts 4,600 jobs to boost profitability

Rolls-Royce is to cut 4,600 jobs over two years in the latest attempt by boss Warren East to cut costs…

A decade after debut, first A380 jumbos to be broken upTourism Insight News

A decade after debut, first A380 jumbos to be broken up

A German investment company said on Tuesday it would strip two unwanted Airbus A380 superjumbo passenger jets for parts after…