Tuesday , 19 May 2026

Recent Posts

Singapore Airlines tumbles most in six years after surprise loss

Bloomberg Singapore Airlines Ltd. shares plunged the most in almost six years after reporting a surprise loss because of intense competition, prompting Southeast Asia’s biggest carrier to kick off a review of its business. The stock slumped 7.3 percent to S$9.98, erasing S$922 million ($663 million) in market value. Chief Executive Officer Goh Choon Phong said he would leave “no …

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Branson hints at new US airline venture after Alaska spat

Bloomberg Billionaire Richard Branson signaled he may jump back into the US airline business after tussling with Alaska Air Group Inc. over how long the carrier must pay royalties on his Virgin America brand. Alaska has to keep paying ‘unless we decide to start another airline. So, we’ll see what happens,” Branson said in an interview with Bloomberg TV. When …

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EU to remain unconvinced about US air cabin laptop ban

Bloomberg European authorities are still resisting a US initiative to expand a laptop ban in airline cabins by questioning the potential safety risks, according to three people with knowledge of the discussions. At a meeting in Brussels, EU officials demanded the U.S. provide more specific information on how the risk of explosion of large electronic devices is greater in airline …

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