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 ...

Bloomberg Amazon.com Inc is hitting back at activists within its own ranks, terminating three employees who had criticised working conditions in its warehouses. The retailer confirmed that it had fired Emily Cunningham and Maren Costa for violating company policy. The two employees, who worked at Seattle headquarters, had taken to Twitter recently to voice concerns about the treatment of workers ...