Bloomberg Cathay Pacific Airways Ltd., Asia’s biggest international carrier that’s conducting a critical review of its business, said senior staff won’t receive any salary increase for 2017 amid a challenging environment. Non-managerial staff in Hong Kong, where the carrier is based, will get a 2 percent salary raise for next year and a discretionary bonus equivalent to a month’s ...

  Washington / AFP The parent company of United Airlines will pay a $2.4 million fine after reviving a money-losing air route to please a now-disgraced New Jersey politician, US market regulators announced. The penalty by the Securities and Exchange Commission follows a $2.25 million fine imposed earlier this year by federal prosecutors in the bribery case. United’s chief executive ...

  Bloomberg After losing more than $50 billion in the decade following the Sept. 11 terrorist attacks, U.S. airlines have been enjoying some financially robust times of late. On the front lines, airline employees are reaping billions of dollars in wage and benefit increases, plus profit-sharing plans that spell record payouts amid record income. At almost $81,000, average airline worker ...