Business

Airlines to return to profit in 2023: IATA

Airlines are expected to return to profit next year for the first time since 2019 despite slowing global growth as they recover from a COVID-induced crisis, an industry group said Tuesday.

Business

Lufthansa strike causes travel turmoil in Germany

Lufthansa passengers faced massive travel disruption Wednesday as a strike led the German airline group to cancel almost all its flights from its domestic hubs in Frankfurt and Munich.

Energy & Green Tech

ESA acts to make air travel greener

Air passengers will soon be able to cut their carbon footprint when traveling on flights that are routed using satellites.

Business

Airline industry sees long-term rebound for sector

After flying into the financial turbulence of the Covid pandemic, the airline sector expects passenger traffic to take off despite concerns about the industry's impact on climate change.

Business

Air France gets EU green light for 4 bn euro aid

The EU authorised the French government on Tuesday to double its stake in Air France and inject up to four billion euros into the struggling airline whose revenues have been hit by the pandemic-induced drop in passenger traffic.

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