SYDNEY: The Australian airline Qantas on Thursday posted more than $1 billion in annual losses, after what it described as a ‘diabolical’ year caused by the pandemic travel restrictions, a statement issued by the airline said. The national flag carrier reported Aus$1.83 billion in the underlying pre-tax losses for the 12 months to June 30, … Read more
Karachi Airport Runway 25R closed due to technical work. Civil Aviation Authority (CAA) Karachi Airport Run 25R will be closed for 6 hours today, Due to technical work on Runway 25R. CAA said that the runway will not be available for aircraft from 6 a.m. to 12 p.m. CAA added that landing and take-off related … Read more
The flag carrier of Hong Kong, Cathay Pacific Airways has announced to operate less than 50 percent of its pre-pandemic passenger flight capacity in 2021. According to the details, this moves came after the company projected major job losses, Cathay Pacific Airways said it will operate less than 50 percent of its pre-pandemic passenger flight … Read more
One of Asia’s biggest airlines Hong Kong airline Cathay Pacific Airways has offered the government help fund a 39 billion Hong Kong dollar ($5 billion) recapitalization plan to help it endure the coronavirus pandemic. According to details, Cathay Pacific said the plan calls for it to issue shares to raise more than 33 billion Hong … Read more
Said to be the world’s second oldest and Latin America’s second-largest airline, filed for bankruptcy, after failing to meet a bond payment deadline, while its pleas for coronavirus aid from Colombia’s government have so far been unsuccessful. Media reports said that If it fails to come out of bankruptcy, Bogota-based Avianca would be one of the … Read more
A futuristic new airport in Beijing, which is expected to become one of the busiest in the world, was opened by President Xi Jinping here on Wednesday. Xi declared the starfish-shaped airport open in brief remarks at a ceremony inside the huge terminal, days before the country holds a grand celebration to mark 70 years … Read more
