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UPDATE 1-Creditors approve Avianca Brasil plan as antitrust concerns loom

(Adds creditors’ vote results) By Marcelo Rochabrun SAO PAULO, April 5 (Reuters) – Creditors led by hedge fund Elliott Management approved on Friday a restructuring plan for bankrupt airline Avianca Brasil, hours after the country’s antitrust regulator announced preemptively that Read more ›

Korean Air to raise refund fees after K-pop fans get the picture, get off

Korean Air Lines Co Ltd said on Tuesday it will raise refund penalties after K-pop fans got on a plane only to take pictures of a boy band on the flight, then demanded to get off before it departed and Read more ›

Air New Zealand Christmas ad replicates Trump's U.N. laughter moment

An Air New Zealand advertisement released for the Christmas season this week takes a dig at U.S. President Donald Trump by portraying an American boy wearing a “Make Christmas Great Again” red cap being laughed at by other children on Read more ›

Talks on bailout package for Air India at ‘advanced stage’: official

NEW DELHI (Reuters) – Discussions on a revival package for beleaguered state-run carrier Air India are at an “advanced stage”, the country’s junior aviation minister Jayant Sinha said on Wednesday. FILE PHOTO: Jayant Sinha gestures during an interview with Reuters Read more ›

Carney warns of ‘no-deal’ Brexit house price crash – newspaper

LONDON (Reuters) – Britain’s property market would crash and mortgage rates spiral up in the event of a chaotic no-deal Brexit, with house prices falling 35 percent over three years, Bank of England Governor Mark Carney told ministers, The Times Read more ›

Brexit talks ‘closing in on workable solutions’, Raab says

LONDON (Reuters) – British and European Union negotiators are “closing in on workable solutions” to the outstanding issues in Brexit talks, Britain’s Brexit Secretary Dominic Raab said after a phone call with EU chief negotiator Michel Barnier. Britain’s Secretary of Read more ›

Ryanair pilots, cabin crew in Germany stage strike

BERLIN (Reuters) – Pilots and cabin crew at Ryanair (RYA.I) in Germany started a full-day walkout early on Wednesday to put pressure on management in labor talks with Europe’s biggest low-cost carrier. An aircraft of low-cost airliner Ryanair is seen Read more ›

Hawaii braces for ‘life threatening’ hit from Hurricane Lane

HONOLULU (Reuters) – Hawaii residents are bracing for “life threatening” winds and flooding when Hurricane Lane hits the U.S. islands this week, potentially uprooting trees and causing rivers to overflow their banks, according to the National Weather Service. The hurricane Read more ›

Air France-KLM shares fall, Dutch pilots threaten to strike

AMSTERDAM/PARIS (Reuters) – Air France-KLM (AIRF.PA) shares fell on Friday in response to the hostile reception from unions to the company’s new boss Benjamin Smith, while the airline’s Dutch pilots threatened to strike over working conditions. FILE PHOTO: The Air Read more ›