Bloomberg Philippine Airlines Inc expects to emerge from Chapter 11 bankruptcy before the end of the year, with a leaner fleet and fewer destinations as a recovery in travel demand isn’t likely in the next few years, President Gilbert Santa Maria said. Majority owned by billionaire Lucio Tan, the carrier filed for Chapter 11 bankruptcy in New York on Septmber ...

Bloomberg Airbus SE jetliner deliveries declined last month, according to people familiar with the matter, as an annual summer manufacturing lull impacted build rates. Toulouse, France-based Airbus handed over about 40 aircraft in August, down from 47 in July, according to the people, who asked not to be named before official figures are made public. The tally would take the ...

Bloomberg North Korea could hold a military parade this week as it celebrates a national anniversary, Yonhap News Agency reported, an event that would mark the first major public display of its weaponry since US President Joe Biden took office. Given the status of preparation, leader Kim Jong Un’s regime may stage the event at night and have it coincide ...