Bloomberg A China Eastern Airlines Corp Boeing Co 737-800NG plane carrying 132 people crashed in China’s southwestern province of Guangxi. According to FlightRadar24, China Eastern flight MU5735 was traveling from Kunming to Guangzhou, and radar tracking shows the aircraft descending steeply. Eyewitness videos posted to social media showed a forest fire on a mountainside at what was purported to …

Bloomberg Cathay Pacific Airways Ltd shares jumped to their highest intraday level since June 2020 on Monday morning as Hong Kong Chief Executive Carrie Lam announced that a flight ban on nine countries would be lifted and mandatory quarantine eased to seven days from 14. The shares rose as much as 4.9% before paring their gain to 0.8% at the …

Bloomberg Delta Air Lines Inc will give most of its 75,000 employees a 4% pay increase as the carrier emerges from the coronavirus pandemic’s drubbing. Flight attendants and ground employees — such as ticket and gate agents, baggage handlers and mechanics — are eligible for the raise, which takes effect from May 1. It applies to employees worldwide except those …