Business

Air travel not expected to recover until 2024

Global air travel is recovering more slowly than expected and it will take until 2024 to return to pre-pandemic levels, the trade association for the airline industry said Tuesday.

Business

Heathrow airport urges roadmap for quarantine exit

London's Heathrow airport on Monday urged the British government to issue a "roadmap" for its planned coronavirus quarantine for air travellers, after revealing traffic almost evaporated in April.

Business

British Airways parent IAG logs vast loss on virus

IAG, the owner of British Airways and Spanish carrier Iberia, dived into a net loss of 1.76 billion euros ($2.1 billion) in the third quarter on coronavirus fallout, it said Friday.

Business

Airbus ups estimate of 20-year demand for new planes

Airbus on Wednesday increased its estimate of the number of new aircraft needed over the coming two decades as airlines seek more fuel-efficient planes even as it trimmed its forecast for the increase in demand for air travel.

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