Maldives will allocate more uninhabited islands for resort development and open bids at the end of the year and early next year, the island nation’s tourism...
(Reuters) – Microsoft Corp (MSFT.O) said on Friday it would close its retail stores and take a related pretax asset impairment charge of $450 million in...
AMSTERDAM/PARIS (Reuters) – The Dutch government has reached a deal with France to contribute 3.4 billion euros ($3.8 billion) to an Air France-KLM (AIRF.PA) bailout that...
FRANKFURT (Reuters) – Lufthansa (LHAG.DE) shareholders on Thursday backed a 9 billion euro ($10 billion) government bailout, securing the future of Germany’s flagship airline after it...
DUBAI (Reuters) – Gulf airline Emirates needs to redefine its strategy after the coronavirus pandemic brought global aviation to a near halt, its chief operating officer...
The Asian Development Bank (ADB) has approved a $25 million concessional loan and a $25 million grant to help the Maldives fund its response to the...
SYDNEY (Reuters) – U.S. private equity group Bain Capital said on Friday it has agreed with the administrator of Virgin Australia Holdings Ltd (VAH.AX) to buy...
A majority of tourist resorts in Maldives will reopen in July after the borders are reopened, the island nation’s tourism minister announced Wednesday. The Maldives is...
Maldives Marketing and Public Relations Corporation (MMPRC) is participating in a major online travel event targeted towards the Asia Pacific market. The Dream to Travel Festival...
LONDON (Reuters) – Up to 20,000 jobs could go at Britain’s airports, an industry group warned, calling on the government to do more to help an...