Airline industry
The Latest
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Hong Kong Airport Operator Secures $4.9 Billion In New Financing
Airport Authority Hong Kong (AAHK) secured HK$35 billion in new financing through several loan facilities provided by 21 local and international banks. 
Airport Authority Hong Kong (AAHK) secured HK$35 billion in new financing through several loan facilities provided by 21 local and international banks. -
American Airlines To Raise $3.5 Billion Through Stock And Notes Sale
American Airlines will be selling senior secured notes worth $1.5 billion and its common shares as part of a strategy to bolster its liquidity amid the continued travel demand slump. 
American Airlines will be selling senior secured notes worth $1.5 billion and its common shares as part of a strategy to bolster its liquidity amid the continued travel demand slump. -
IATA Estimates $84 Billion Loss For Airlines In Worse Year In Sector's History
The international trade association predicts that global airline revenues could drop to around $419 billion this year from the $838 billion reported last year. 
The international trade association predicts that global airline revenues could drop to around $419 billion this year from the $838 billion reported last year. -
Beoing, Embraer Goes Head To Head Over Failed Deal
Embraer president reveals that China, India, and Russia are potential partners for its commercial jet division. 
Embraer president reveals that China, India, and Russia are potential partners for its commercial jet division. -
Germany Grants $9.8 Billion Rescue Package To Lufthansa
As part of the bailout, the German government will be acquiring a 20 percent stake in the airline and taking two seats in its supervisory board. 
As part of the bailout, the German government will be acquiring a 20 percent stake in the airline and taking two seats in its supervisory board. -
Emirates Reportedly Cutting 30,000 Jobs To Reduce Cost
Emirates is reportedly planning to slash its workforce and accelerate its planned A380 fleet retirement to reduce costs. 
Emirates is reportedly planning to slash its workforce and accelerate its planned A380 fleet retirement to reduce costs. -
Queensland Government Submits Bid To Bailout Virgin Australia
The government of Queensland, where Virgin Australia is based, has submitted its bid to help the airline in its restructuring plan. 
The government of Queensland, where Virgin Australia is based, has submitted its bid to help the airline in its restructuring plan. -
United Airilnes Worker Sues Company In $5 Billion Paycheck Breach
Shares of United drop over 12 percent as the company's struggles continue to escalate 
Shares of United drop over 12 percent as the company's struggles continue to escalate -
Delta Air Lines To Reduce Scale And Retire Entire Boeing 777 Fleet
Delta estimates that it may have more than 7,000 too many pilots by fall once it retires its Boeing 777 fleet. 
Delta estimates that it may have more than 7,000 too many pilots by fall once it retires its Boeing 777 fleet. -
United Airlines Plans To Raise $2.25 Billion Through Bond Offering
United plans to raise up to $2.25 billion through a bond offering, which will be released in two tranches that will mature in 2023 and 2035. 
United plans to raise up to $2.25 billion through a bond offering, which will be released in two tranches that will mature in 2023 and 2035.
