Business
Airplanes are a minor contributor to global greenhouse-gas emissions, but their share is sure to grow as more people travel in coming years—and that has the aviation industry facing the prospect of tighter environmental ...
Jul 19, 2022
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Business
Desperate to put the coronavirus pandemic behind them, airlines will hold talks on Sunday ahead of a potential summer of chaos with shortages and strikes that could threaten their recovery.
Jun 17, 2022
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Business
Boeing shares tumbled Wednesday after the aviation giant reported a $1.2 billion loss in an ugly quarter weighed down by fresh one-time costs on its Russia business, the Air Force One presidential jet and the new 777X plane.
Apr 27, 2022
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Business
American Airlines lost $1.64 billion in the first quarter, a wider loss than a year ago, but said Thursday that it expects to turn profitable in the spring as travel demand strengthens.
Apr 21, 2022
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Business
US authorities announced Tuesday they are suing to block Lockheed Martin's $4.4 billion takeover of Aerojet Rocketdyne, asserting the proposed deal would lead to higher costs on defense systems.
Jan 25, 2022
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Automotive
The global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily close factories, pinching supplies on dealer lots.
Oct 28, 2021
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Japan Airlines' annual net profit plunged nearly 65 percent, the company said Thursday, as it faced the "unprecedented" impact of the coronavirus pandemic on aviation demand.
Apr 30, 2020
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Business
Japanese airline ANA Holdings said Tuesday its annual net profit dived 75 percent, hit by massive falls in demand and cancellations caused by the coronavirus pandemic.
Apr 28, 2020
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Business
Japanese airline ANA Holdings on Monday slashed its annual net profit forecast by 71 percent over massive falls in demand and major cancellations caused by the coronavirus pandemic.
Apr 20, 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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