A severe airline industry downturn is weighing on Chinese carriers, facing billions in losses and needing to cut costs.
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Marfin Investment Group's Vice Chairman Andreas Vgenopoulos, talks about the group's decision to buy Olympic Airlines, Greece's ailing state carrier, in the middle of a global financial crisis. ...
JetBlue's offered unllimited flying for a flat rate this week. Analysts say other airlines are unlikely to follow suit and fares may increase if anything. ...
Qantas CEO Alan Joyce says "there has never been a more challenging time." ...
Pilots are striking against a cargo airline because they are not allowed to use the bathroom during flights. ...
