Bloomberg VietJet Aviation JSC said it has reached agreements with domestic and international lenders to delay repayments on about 80% of loans for its aircraft purchases after the budget carrier experienced a significant drop in passengers during the novel coronavirus outbreak. The lenders, which include HSBC Holdings PLC and Citibank NA, also agreed to delay repayments for three to 12 …

Bloomberg Cathay Pacific Airways Ltd expects passenger numbers to stay below 1,000 a day this month compared with the usual 100,000 as it operates at just 3% of normal capacity. The Hong Kong-based airline said it is impossible to predict when demand will improve as the economic impact of the coronavirus pandemic is intensifying. One day this week, Cathay and …

Bloomberg Virgin Australia Holdings Ltd stock was suspended in Sydney as discussions over a potential financial restructuring for the airline continue. The shares, already halted from trading, will be suspended for as long as seven days so talks centred on financial help and alternative structures can go on, Virgin Australia said in a statement. “These discussions have continued over the …