The numbers: IATA halved its profit forecast for the industry from $45 billion to just $23 billion, with the net margin shrinking from 4.2% to 2%. Airlines will have to digest $100 billion in ...

The chair of the world’s largest hotel company makes the case for luxury hospitality as a development tool—and lays out what ...

Cathay Pacific is ​considering additional orders for ‌widebody, narrowbody and freighter aircraft as it looks ​to expand ...

ONE hundred days into the United States and Israel’s war against Iran, there are no signs that an end to the fighting is ...

Legacy carrier Philippine Airlines (PAL) said over the weekend it is joining the oneworld Alliance, which will give it access to a global network of nearly 1,000 destinations across more than 170 ...

The Asian Development Bank (ADB) is preparing a $10-million technical assistance (TA) grant to jump-start its newly launched Pan-Asia Power Grid Initiative, ...

MUFG Bank Ltd., Japan’s largest commercial lender, is prepared to finance nuclear energy projects in the Philippines as part of its regional ...

THE Middle East conflict could continue to hang over global tourism prospects this year, as UN Tourism admits it could miss its international tourist arrivals projection of some 1.6 billion this year.

Nvidia CEO Jensen Huang forecast several partnerships with Korean conglomerate SK — including chipmaker SK hynix and telecom ...

Asia-Pacific is fast becoming the world's aviation growth engine, with passenger demand expected to outpace every other ...

Canada has spent over a year absorbing punishing tariffs, provocations, and threats from Washington, and the bill is getting ...

PAL's decision was heavily influenced by its deepening ties with American Airlines and other oneworld members.