Business
European aviation giant Airbus plunged into the red in the first quarter as the coronavirus pandemic sparked "the gravest crisis the aerospace industry has ever known", it said Wednesday.
Apr 29, 2020
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German carmaker Daimler warned Wednesday that it would likely make an operating loss in the `second quarter due to the impact of the coronavirus pandemic.
Apr 29, 2020
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Business
Airbus chief executive Guillaume Faury has warned employees of new production cuts at the European aircraft maker due to the crisis caused by the coronavirus, saying that its finances were diminishing at an unprecedented ...
Apr 27, 2020
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Internet
As the world stays home, the withdrawal from public life in response to COVID-19 has moved difficult conversations about the global pandemic to social media. Many exchanges are rife with falsehoods and misinformation, particularly ...
Apr 27, 2020
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Business
The headquarters of Dmytro Voloshyn's startup in the historic centre of Kiev is eerily quiet. But online, his business is busier than ever.
Apr 22, 2020
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Business
Latin America's biggest airline, the Brazilian-Chilean group LATAM, is suspending all international flights until May because of the coronavirus pandemic.
Apr 10, 2020
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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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Business
Australia's consumer watchdog said Tuesday it was investigating Qantas for alleged anti-competitive behaviour, after its CEO appeared to call for rival Virgin Australia to be cut out of a massive government bailout.
Mar 24, 2020
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Business
Major world airlines on Monday axed almost all flights on a temporary basis as the worsening coronavirus crisis sparks travel bans, ravages demand and sends shares into freefall, triggering pleas to help carriers survive.
Mar 16, 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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