Business

Airlines headed for 'apocalypse' without aid: IATA

The coronavirus pandemic could spell "apocalypse" in the airline industry without urgent government aid, the global aviation association said Tuesday, warning that carriers could lose more than $250 billion in revenues this ...

Business

Virus-stricken airlines face bailout or bust

Airlines worldwide face an unprecedented existential threat as the coronavirus shuts down global travel, leaving governments with controversial and costly decisions about which carriers to bail out.

Business

Audit slams safety US oversight of Southwest Airlines

The Federal Aviation Administration's lax oversight allowed Southwest Airlines to put millions of passengers at risk, according to a new audit that adds to scrutiny of the US regulator.

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