Business

Airlines given $123 bn in state aid: industry

Governments have provided airlines $123 billion to help weather the coronavirus storm, the global aviation industry said Tuesday, warning though that the assistance was adding to surging debt in the industry.

Business

Air travel not expected to recover until 2024

Global air travel is recovering more slowly than expected and it will take until 2024 to return to pre-pandemic levels, the trade association for the airline industry said Tuesday.

Business

France slams Ryanair 'blackmail' over job ultimatum

France on Tuesday denounced as "blackmail" an ultimatum from low-cost carrier Ryanair for its French employees to choose between a five-year pay cut or a number of redundancies in an escalating labour dispute.

Engineering

Remote-sensing technology to detect emissions from passing cars

Air pollution levels remain dangerously high in various parts of the world. According to the World Health Organization, 9 out of10 people breathe air containing high levels of pollutants, such as particulate matter and nitrogen ...

Business

Airlines hit wall of debt after COVID grounding

Their fleets grounded for months owing to the coronavirus, airlines have sought with varying degrees of success state assistance to avoid going under altogether.

Business

Steady need for new planes despite pandemic: Airbus

The pandemic will have no long-term impact on the need for new aircraft, according to a market outlook released Saturday by European plane maker Airbus, which foresees greener fleets emitting less CO2.

Business

Struggling airlines seek to stay in the skies

The airline industry holds its annual gathering by video conference next week under the shadow of the COVID-19 pandemic that has plunged the sector into a crisis that may yet claim more carriers.

Business

Airlines headed for $84 bln net loss in 2020: IATA

International airlines are in line to make a combined net loss of more than $84 billion this year in the wake of the coronavirus crisis which has decimated air travel, the International Air Transport Association said Tuesday.

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