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.

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