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.

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.

page 1 from 3