Airlines ask Hong Kong to waive airport fees as demand drops

Singapore: Scores of airlines wrote jointly to the Hong Kong government earlier this month to seek airport fee waivers as they struggle to deal with the financial fallout from anti-government protests that have led to a sharp drop in traveller demand. The Board of Airline Representatives (BAR) of Hong Kong, which represents more than 70 […]

Thomas Cook’s bailout hopes wane

Paris: Hopes of a bailout for Thomas Cook Group Plc are diminishing as the U.K. government is poised to reject an appeal from the tour operator for a rescue, the Times of London reported Saturday, without saying where it got the information. Shares in the company tumbled 23% on Friday after it said it would […]