China to allow charter flights from eight countries but not from U.S.

Business May 28, 2020

China to allow charter flights from eight countries but not from U.S.

China plans to allow chartered flights from eight countries as it loosens restrictions on inbound travel imposed for the coronavirus pandemic, though the U.S. won’t be included amid growing tensions between the two nations, people familiar with the matter said. Japan, South Korea, Singapore, Germany, ...

In virus rescue, German government to climb aboard at Lufthansa

Business / Corporate May 26, 2020

In virus rescue, German government to climb aboard at Lufthansa

Berlin will climb aboard airline giant Lufthansa as its largest shareholder in a €9 billion ($9.8 billion) rescue if investors and competition authorities agree, as the coronavirus-stricken carrier faces an arduous yearslong recovery from the pandemic. Following the broad strokes of a plan dangled last ...

Mitsubishi Heavy to slash regional jet business workforce

Business / Corporate May 23, 2020

Mitsubishi Heavy to slash regional jet business workforce

Mitsubishi Heavy Industries Ltd. is planning to slash the number of employees working on its struggling regional jet business amid bleak demand for aircraft due to the coronavirus pandemic, sources close to the matter have said. The plan, revealed Friday, comes as its aircraft subsidiary, ...

Washington accuses Beijing of blocking U.S. flights to China

World May 23, 2020

Washington accuses Beijing of blocking U.S. flights to China

The U.S. Transportation Department late on Friday accused the Chinese government of making it impossible for U.S. air carriers to resume service to China and ordered Chinese air carriers to file flight schedules with the U.S. government. The administration of President Donald Trump stopped short ...