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China’s 3 largest airlines lose $1.2 billion as fuel costs surge 38% and losses mount
China’s three state-controlled flag carriers — Air China, China Eastern Airlines and China Southern Airlines — posted combined first-half 2026 net losses of 8.2 billion yuan (US$1.22 billion),…
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Temasek backs Singapore Airlines’ Air India investment amid growing political scrutiny
Air India has asked owners Singapore Airlines and Tata Sons for approximately US$1.5 billion in fresh equity to fund its turnaround, a capital call that tests SIA’s 25.1% stake and the resolve of its…
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The Red Sea EDITION debuts as first resort on Shura Island, anchoring luxury tourism masterplan
The Red Sea Edition has opened as the first resort on Saudi Arabia's Shura Island, bringing 240 guestrooms and 53…
