Business
A $2-billion-plus deal for a South Korean property developer to take over lossmaking Asiana Airlines collapsed Friday in the wake of the coronavirus pandemic, with state-owned banks mounting a bailout to try to save 9,000 ...
Sep 11, 2020
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Business
Singapore Airlines will begin trialling a coronavirus digital travel pass developed by aviation's industry body next week, the carrier said Monday, the first airline to pilot the scheme as the pandemic-hit sector seeks to ...
Mar 8, 2021
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Business
Airlines operating in the Asia-Pacific region stand to lose a combined $27.8 billion of revenue this year in the ongoing coronavirus crisis, the International Air Transport Association said on Thursday.
Feb 20, 2020
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Business
The Transportation Department will propose that airlines be required to refund fees on checked baggage if the bags aren't delivered to passengers quickly enough.
Jul 2, 2021
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Energy & Green Tech
UN aviation agency members reached an agreement Friday to try to achieve by 2050 net-zero carbon emissions in air travel—often criticized for its outsized role in climate change.
Oct 7, 2022
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German airline giant Lufthansa said Friday it would prolong its suspension of flights to the Chinese mainland until March 28 over the novel coronavirus COVID-19.
Feb 14, 2020
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Business
United Airlines said Wednesday that it finished one of the worst years in its history by losing $1.9 billion in the last three months of 2020, and it predicted more of the same in the first quarter of this year.
Jan 21, 2021
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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
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.
Sep 22, 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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