Business

United Airlines posts $1.9 billion loss in pandemic-laden 4Q

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.

Business

Australian airline Qantas to cut all international flights

Australia's biggest airline Qantas said it would halt all international flights and suspend 20,000 staff in response to the coronavirus pandemic Wednesday, days after the island nation's other main carrier Virgin shut its ...

Business

Aeroflot logs heavy 2020 loss

Russia's flagship airline Aeroflot announced Wednesday heavy losses for 2020 as coronavirus-related restrictions grounded planes around the world.

Business

Mideast airlines lose $7B as airports shut to combat virus

Seven Middle Eastern countries have suspended all commercial flights due to a fast-spreading new virus as the aviation industry's largest trade association announced Thursday that airlines in the region have already lost ...

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