Business

Airbus orders plunge 65 percent as airlines hunker down

European plane maker Airbus said Friday that it garnered just 268 net new orders last year, a drop of 65 percent year-on-year reflecting persistent fears about the prospects for air travel amid the coronavirus crisis.

Business

Airline sector takes historic hit

The aviation industry has taken a historic hit from the coronavirus and pending an effective vaccine, can only bounce back with systematic testing, sector association IATA said Tuesday.

Business

Airline alliances urge testing over quarantines

Three global airline alliances are urging governments to put into practice common guidelines for passenger testing and digital health pass technology, to help people start flying again.

Business

Hard hit by virus, airlines push for tests over quarantines

What will it take to get people flying again? International air traffic is down 92% this year as travelers worry about catching COVID-19 and government travel bans and quarantine rules make planning difficult. One thing airlines ...

Business

Air industry urges rapid testing instead of quarantine

The global aviation industry called on Tuesday for the development of rapid virus tests for all passengers before departures as an alternative to quarantine measures, in a bid to get people flying again.

Business

Cathay Pacific reports first-half loss of US$1.27 billion

Hong Kong carrier Cathay Pacific said Wednesday it lost HK$9.9 billion (US$1.27 billion) in the first half of this year as the coronavirus pandemic sent passenger numbers tumbling, eviscerating its business.

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