Business
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.
Jul 28, 2020
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Business
Qantas plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as Australia's largest airline tries to survive the coronavirus pandemic.
Jun 25, 2020
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Business
Cabin crew in protective suits, health certifications for passengers, mandatory face masks, and longer check-in times.
Jun 10, 2020
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Business
International airlines are in line to make a combined net loss of more than $84 billion this year in the wake of the coronavirus crisis which has decimated air travel, the International Air Transport Association said Tuesday.
Jun 9, 2020
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Business
Latin America's beleaguered airlines will take up to three years to recover losses due to the coronavirus pandemic, and in the meantime desperately need government help, according to experts surveying the damage to the industry.
May 31, 2020
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Business
World air traffic suffered a massive drop of more than half in March compared with the same period last year thanks to coronavirus-related travel restrictions, the airline industry's trade body said Wednesday.
Apr 29, 2020
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Business
The global aviation industry warned Tuesday of a severe cargo capacity shortage as airlines around the world slash jobs and suffer plunges in profits due to the coronavirus crisis.
Apr 28, 2020
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Business
The biggest and most profitable U.S. airline just posted its first quarterly loss in more than five years. Now things are going to get really bad.
Apr 22, 2020
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Business
In early March, Ethiopian Airlines CEO Tewolde Gebremariam told an aviation conference in Addis Ababa the coronavirus pandemic was "a temporary problem"—comparable to a natural disaster or a spike in oil prices.
Apr 22, 2020
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Business
As coronavirus grounds airlines, plunging the industry into unprecedented crisis, Middle East carriers that have been in the red for years must urgently tap assistance from governments facing their own revenue slump.
Mar 27, 2020
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