Business

Rolls-Royce losses double as virus hits aviation sector

British aircraft engine maker Rolls-Royce said Thursday that net losses more than doubled last year to £3.2 billion as the coronavirus pandemic hammered the aviation sector and forced it to axe thousands of jobs.

Business

Pandemic savages airline sector

Dizzying losses, the looming threat of bankruptcies and tens of thousands of people thrown out of work: the aviation industry has been devastated by COVID-19 and there is still no light at the end of the tunnel. The sector ...

Business

Slow takeoff for aviation in Europe

After coronavirus lockdowns that brought civil aviation to nearly a complete halt air traffic is slowly resuming in Europe as borders reopen, but tens of thousands of jobs are still hanging in the balance.

Business

UN agency recommends health guidelines for airlines

Mask wearing, temperature controls, disinfection of aircraft: the International Civil Aviation Organization on Monday published a series of health recommendations for the pandemic-hit airline industry as it relaunches air ...

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