Business
Airbus consolidated its leadership in civil aviation for 2022 on Tuesday, reporting more orders and deliveries than American archrival Boeing as both companies contend with lingering supply chain challenges.
Jan 10, 2023
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Business
Southwest Airlines warned it could lay off more than 6,800 workers in 2021 in what would be carrier's first involuntary job cuts in its 50-year history.
Dec 4, 2020
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Business
Boeing is cutting production on the 787 Dreamliner after identifying a new problem with the plane, the company announced Tuesday in the latest in a series of setbacks as the aviation giant struggles to fully recover from ...
Jul 13, 2021
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Business
US securities officials fined Boeing $200 million over the aviation giant's misleading assurances about the safety of the 737 MAX airplane following two deadly crashes, regulators announced Thursday.
Sep 23, 2022
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Business
The CEO of Southwest Airlines, one of the largest US air companies, insisted Sunday that travelers could again fly in safety and added that air traffic, nearly paralyzed by the coronavirus pandemic, was gradually reviving.
May 4, 2020
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Energy & Green Tech
UN aviation agency members reached an agreement Friday to try to achieve by 2050 net-zero carbon emissions in air travel—often criticized for its outsized role in climate change.
Oct 7, 2022
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Business
Japan Airlines on Monday said it suffered a deep quarterly net loss of $885 million as the coronavirus pandemic halted air travel around the world.
Aug 3, 2020
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Energy & Green Tech
Bill Gates's nonprofit group Breakthrough Energy announced Monday that it has raised more than $1 billion from seven major companies, including ArcelorMittal and General Motors, to fund clean energy development.
Sep 20, 2021
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Business
US President Donald Trump said Thursday his administration would present a plan this weekend to save the flagging airline industry, which is facing vastly reduced business as a result of the coronavirus pandemic.
Apr 10, 2020
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