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IATA global airline profit estimate jumps to $10 billion in 2023
Bloomberg via Yahoo! Philippines News· 1 year agoThe airline industry’s main lobby body is doubling its estimate for global net profit in 2023 as a...
Airlines bask in sky-high summer fares while airports stay stuck
Bloomberg via Yahoo! Philippines News· 1 year agoSoaring ticket prices are lining the pockets of the world’s biggest airlines, providing balm to the...
Delta is being sued for claiming to be a carbon-neutral airline
Quartz via Yahoo! Philippines News· 1 year agoDelta Air Lines’ green credentials are facing a legal test. A consumer class action lawsuit filed...
Blackstone sells IBS Software stake to Apax for $450 million
TechCrunch via Yahoo! Philippines News· 1 year agoBlackstone has reached a definitive agreement to sell its stake in the Indian SaaS startup IBS...
Airlines’ first class makeovers give the rich hotel rooms in the sky
Bloomberg via Yahoo! Philippines News· 1 year agoPrepared meals sit on display in the first class cabin of an Airbus SE A380-800 aircraft operated by...
Qantas names chief financial officer Vanessa Hudson next CEO
Associated Press via Yahoo! Philippines News· 1 year agoAustralian airline Qantas Group said Tuesday Chief Financial Officer Vanessa Hudson will become its...
Hong Kong’s reopening drive curtailed by airport worker shortage
Bloomberg via Yahoo! Philippines News· 1 year agoA scarcity of workers in the air industry is hobbling Hong Kong’s efforts to reestablish the...
Qantas back in black with $978 million half-year profit
Associated Press via Yahoo! Philippines News· 1 year agoAustralian national carrier Qantas posted an underlying pre-tax half-year profit of 1.43 billion...
Asian Business Headlines at 4:23 a.m. GMT
Associated Press via Yahoo! Philippines News· 1 year agoQantas back in black with $978 million half-year profit
Airlines and tech earnings will reveal extent of Asia's reopening boost
Bloomberg via Yahoo! Philippines News· 1 year agoThe reopening theme has been playing out in Asia for a few quarters and investors may get a further...