Business

Alaska Air touts road map to 'net zero' emissions

Alaska Airlines on Wednesday announced a plan to join the Amazon Climate Pledge and reduce the airline's carbon emissions to net zero by 2040, with interim goals for specific cuts in carbon, waste, and water use by 2025.

Business

COVID variants to slow air traffic recovery: IATA

Global air passenger traffic will recover more slowly than expected this year because coronavirus variants have created strong headwinds, an industry group warned Wednesday.

Business

Lufthansa warns of forced layoffs on virus turbulences

German airline giant Lufthansa said Thursday that demand for air travel will return to pre-crisis levels only in 2024 or even later as it announced forced layoffs on the back of a significant loss.

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