Exclusive: Qatar Airways says it will need state support as cash runs out

South African Airways (SAA) faces a wind-down or liquidation after specialists appointed to try to save the state-owned airline said on Thursday they had run out of funds......»»

Qatar Airways is in talks with banks for loans worth billions of dollars, three sources familiar with the matter said, as the state-owned airline readies to begin rebuilding its network that has been crushed by the coronavirus pandemic......»»

The European Union's competition watchdog on Monday approved French state aid worth 7 billion euros ($7.66 billion) for Air France , saying the support would provide cash to soften the economic shock of the coronavirus pandemic......»»

Luxury brand Burberry will pay all its staff globally even if they are unable to work due to coronavirus crisis store or site closures, adding on Friday it will not tap a government support scheme in Britain......»»

Abu Dhabi’s Etihad Airways has the full support of its state shareholder as it plans a partial resumption of passenger flights from May 1, its chief executive Tony Douglas said on Thursday......»»

Nissan Motor Co is likely to pull out from a venture capital fund it runs with alliance partners Renault SA and Mitsubishi Motors, as part of the Japanese automaker's drive to cut costs and conserve cash, two sources said......»»

France is ready to support Lebanon financially - bilaterally or multilaterally - its finance minister said on Sunday, warning against mixing economic recovery in the small Mediterranean state with U.S.-led efforts to counter Iran in the region......»»

France is ready to support Lebanon financially -- bilaterally or multilaterally -- its finance minister said on Sunday, warning against mixing economic recovery in the small Mediterranean state with U.S.-led efforts to counter Iran in the region......»»

Nike on Monday added its considerable support to a bill that would expand capital access to women and people of color. Hannah Jones, who runs Nike Valiant Labs, the sportswear company's in-house business incubator, submitted written testimony in whic.....»»

Cash-strapped state carrier South African Airways (SAA) said on Thursday it would "cancel and consolidate selected flights" to lower costs, days after it received a 3.5 billion rand ($244 million) government bailout to ease a mounting cash-flow crunch......»»

State-owned South African Airways has announced a number of flights will be canceled in a bid to lower costs. David Doyle reports......»»

South African Airways (SAA) signed a wage deal with trade unions on Friday to end an eight-day strike that brought the cash-strapped state airline to the brink of collapse......»»

South African Airways (SAA) reached a deal on wages with two trade unions on Friday to end an eight-day strike that has weighed on the cash-strapped state airline......»»

South African Airways (SAA) has nearly no cash left and may miss salary payments this month, a board member said on Wednesday, as a crippling six-day strike has pushed the state-owned airline to the brink of financial collapse......»»

South African Airways (SAA) resumed some regional flights on Tuesday but warned that only a deal with striking unions can resolve its current crisis, as the government said it has no more money for the cash-strapped state carrier......»»

South African Airways has started a restructuring process that could see the cash-strapped state-owned carrier cut its workforce by almost a fifth......»»

Jet Airways, once India's largest private airline, is over a billion dollars in debt and has not paid its pilots and employees in weeks. It has also decided to pull its planes from the skies. Jayson Albano reports......»»

State-owned Qatar Airways on Thursday dismissed concerns its 49 percent stake in Air Italy breaches a 2018 aviation agreement between the United States and Qatar, designed to address U.S. concerns that Gulf airlines had an unfair competitive advantage......»»

Qatar Airways threw its support behind Boeing on Monday as the U.S. planemaker faces its biggest crisis in years after deadly crashes of its flagship 737 MAX jet......»»

Some lessors of India's Jet Airways have begun terminating lease deals over unpaid dues and are preparing to move the leased planes abroad, escalating a crisis for the cash-strapped carrier, five sources with knowledge of the matter told Reuters......»»