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.

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.

Swissport says to axe over 4,000 UK jobs

Airport services group Swissport said on Wednesday it plans to axe more than 4,000 jobs, or about half its UK workforce, as the coronavirus pandemic keeps planes grounded.

Business

Airlines hit wall of debt after COVID grounding

Their fleets grounded for months owing to the coronavirus, airlines have sought with varying degrees of success state assistance to avoid going under altogether.

page 5 from 8