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TOKYO — Shares of struggling Japan Airlines Corp. nosedived to a record low Wednesday on growing fears the money-losing carrier could be put through bankruptcy court as part of restructuring.
Shares of Japan Airlines surged nearly 12 percent Monday following a report the government is expediting a rescue for the struggling carrier.
SAO PAULO - Brazilian no-frills airline GOL Linhas Aereas Inteligentes SA (GOL) will continue to correct weaknesses in its cash position with a large global share issue next month.
LONDON - British Airways Plc has secured shareholder backing for a possible rights issue of new stock, according to a report in the Observer newspaper on Sunday.
China Eastern Airlines Corp., releasing details of its agreed takeover of Shanghai Airlines Co., offered about 9 billion yuan ($1.3 billion) as it seeks to dominate air travel in the nation’s financ
FRANKFURT, Germany - With retroactive effect to January 1, 2009, the State of Rhineland-Palatinate is taking over all of Fraport AG's shares in Flughafen Frankfurt Hahn GmbH (FFHG).