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Japan’s transport minister: JAL will not be forced into bankruptcy

TOKYO — Japan's transport minister said Sunday he will not force the struggling Japan Airlines, Asia's biggest airline, into bankruptcy.

Italy in last bid to sell Alitalia, closure looms

ROME - Alitalia's special administrator will make a last-ditch attempt to sell Italy's loss-making national airline on Monday by public tender before calling in the liquidators after a failed rescue b

Founder of collapsed Hong Kong airline Oasis apologizes

Hong Kong - The founder of Hong Kong budget airline Oasis has apologized to passengers, staff and partners for the inconvenience caused by the business' collapse earlier this month, a news report said Monday.The Reverend Raymond Lee Cho-min said he was very sorry and that he had not given up hope that the airline could be saved.

Hong Kong budget airline Oasis halts operations

The budget airline Oasis has shut down and applied for liquidation, one-and-a-half years after it started its long-haul budget flights. All of the airline's flights have been canceled.Chief Executive Officer Stephen Miller announced the airline's closure at a news conference in Hong Kong on Wednesday.