Business
The US government could take equity shares in airlines and other troubled but vital American corporations as it moves to stabilize an economy amid the new coronavirus pandemic, top US officials said Sunday.
Mar 29, 2020
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Business
As coronavirus grounds airlines, plunging the industry into unprecedented crisis, Middle East carriers that have been in the red for years must urgently tap assistance from governments facing their own revenue slump.
Mar 27, 2020
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Business
The coronavirus pandemic could spell "apocalypse" in the airline industry without urgent government aid, the global aviation association said Tuesday, warning that carriers could lose more than $250 billion in revenues this ...
Mar 24, 2020
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Business
The airline industry will wear the scars of the coronavirus pandemic for a very long time.
Mar 20, 2020
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Business
Fears of massive bankruptcies and calls for emergency bailouts swept global airlines Tuesday as a top US official warned the coronavirus crisis threatens the industry even more than the September 11 attacks, which saw US ...
Mar 17, 2020
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Business
Boeing lost $52 billion on the stock market in a week, a rout that underscores the challenges facing the aircraft manufacturer amid setbacks over the 737 MAX and the coronavirus pandemic.
Mar 15, 2020
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Business
The International Air Transport Association says the virus outbreak that began in China could cost airlines as much as $113 billion in lost revenue due to the collapse of air travel.
Mar 5, 2020
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German airline giant Lufthansa said Friday it would prolong its suspension of flights to the Chinese mainland until March 28 over the novel coronavirus COVID-19.
Feb 14, 2020
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Business
Global trade tensions have sent airline profits into a descent, the industry's trade association said Wednesday, and while profitablity is expected to rebound next year it will unlikely match the level hit in 2018.
Dec 11, 2019
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Engineering
Windspeed Technologies, an aerospace engineering services company, is introducing its SkyDeck, which autoevolution described as "basically the aeronautical equivalent to a panoramic sunroof." You might also consider it an ...
