Business
Airline passenger revenues are set to plunge by 55 percent, or $314 billion, in 2020 due to the coronavirus pandemic, the International Air Transport Association said Tuesday.
Apr 14, 2020
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8
Business
Norway's government said Friday it will give low-cost carrier Norwegian Air Shuttle a 1.5 billion kroner ($173 million) loan as long as the ailing company manages to raise at least 4.5 billion kroner ($520 million) from other ...
Jan 29, 2021
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4
Business
Fighting for survival, low-cost Norwegian Air Shuttle filed for bankruptcy protection in Ireland on Wednesday for two of its main subsidiaries in a bid to shield itself from creditors long enough to find a solution for a ...
Nov 18, 2020
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7
Business
The world's top semiconductor makers have announced in recent months long-term U.S. investments that could rise to more than $400 billion, citing support from a new federal aid program for which the rules have yet to be written.
Oct 26, 2022
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22
Consumer & Gadgets
Energy poverty denotes difficulties in meeting basic needs caused by the price of energy. Low-income residents of sparsely populated rural areas living in old houses have already been identified as one of the groups at risk ...
May 3, 2023
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23
Energy & Green Tech
Investments in new technologies and infrastructure that help reduce greenhouse gas emissions—everything from electric vehicles to heat pumps—are growing rapidly in the United States. Now, a new database enables these ...
Sep 15, 2023
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10
Business
U.S. airlines are asking the federal government for grants, loans and tax relief that could easily top $50 billion to help them recover from a sharp downturn in travel due to the new coronavirus.
Mar 16, 2020
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Business
Norway's government said Thursday it will help ailing low-cost carrier Norwegian Air Shuttle - a U-turn from its previous refusal to do so - as long as the company manages to raise 4.5 billion kroner ($529 million) from other ...
Jan 21, 2021
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4
Business
Airlines have been mauled by COVID-19 and the industry has cried out for help from governments to survive a crisis that could cripple a key sector of the economy.
Apr 15, 2020
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3
Business
Low-cost carrier Norwegian Air Shuttle said Thursday it will focus on European destinations and close its long-haul operations as it struggles with the fallout of the coronavirus pandemic and debt restructuring.
Jan 14, 2021
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