Business

Boeing lifts China plane demand outlook as economy picks up

Plane-making giant Boeing said Thursday it expects China to buy more than 8,600 new aeroplanes worth $1.4 trillion in the next two decades, increasing its forecast as the country recovers from the coronavirus outbreak.

Business

Airlines face another bleak year as outlook worsens

Airlines face another bleak year with steeper losses than previously forecast, as some regions struggle to speed up COVID-19 vaccination campaigns and control virus variants, an industry group said Wednesday.

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.

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