After Branson flight, Virgin Galactic slumps on stock sale
Virgin Galactic shares veered sharply lower Monday after the spaceflight company said it's made arrangements to sell up to $500 million in stock.
Jul 12, 2021
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Business
Virgin Galactic shares veered sharply lower Monday after the spaceflight company said it's made arrangements to sell up to $500 million in stock.
Jul 12, 2021
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Business
Low-cost airline Norwegian announced Wednesday it was reopening 76 European and domestic routes starting July 1, after months of keeping most of its fleet grounded due to the new coronavirus.
Jun 17, 2020
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Business
German airline giant Lufthansa said Friday it will fly twice as many aircraft in June as in recent weeks and return to some European destinations, but the flight plan remains a shadow of pre-coronavirus operations.
May 8, 2020
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Business
European airline giant Lufthansa said Thursday it has placed 87,000 workers—more than 60 percent of its workforce—on government-backed shorter hours schemes, as air travel idles amid the coronavirus crisis.
Apr 2, 2020
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Business
German airline giant Lufthansa said Friday it would slash capacity by half in the coming weeks, as the group battles "drastic declines in bookings and numerous flight cancellations" prompted by the novel coronavirus.
Mar 6, 2020
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Business
German airline giant Lufthansa said Wednesday it would ground 150 of its more than 750 planes worldwide, days after announcing a slimmed-down timetable over the effects of the novel coronavirus.
Mar 4, 2020
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Business
German airline group Lufthansa said Monday it was extending flight cancellations on Iran and China routes until late April, part of a broader rollback because of the novel coronavirus.
Mar 2, 2020
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Business
French-Dutch airline Air France-KLM said Thursday the coronavirus has blown a large hole in 2020 earnings to date while separately unveiling lower profits for 2019.
Feb 20, 2020
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Security
Just what the airplane passenger who is always skittish does not want to hear: Radio navigation on planes for landing purposes is not secure; signals can be hacked.
May 17, 2019 weblog
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