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EasyJet Posts First Annual Loss In 25 Years!

COVID Strikes EasyJet British airline EasyJet has posted its first full-year loss in its 25-year history as a result of the coronavirus pandemic but laid out hope that the rollout of vaccines will help it bounce back strongly next year. $1.7 Billion Loss The airline...

Cathay Dragon shutdown with immediate effect

THE END OF THREE DECADES Cathay Pacific has confirmed regional subsidiary Cathay Dragon will cease operations after three decades with immediate effect. The decision comes as part of a wider restructuring of the Hong Kong-based carrier in the wake of the Covid-19...