Business

US airport chaos as more than 2,700 flights cancelled

Air travel continued to be severely disrupted in the United States on Saturday, with bad weather in parts of the country adding to the impact of a massive spike in Covid-19 infections fuelled by the Omicron variant.

Business

Uber posts 4Q profit as ride-hailing service bounces back

Uber's ride-hailing service edged closer to returning to its pre-pandemic levels during the final three months of last year, but its prospects remain clouded by the future direction of the novel coronavirus that has plagued ...

Business

Ryanair doubles annual loss forecast on Omicron

Low-cost airline Ryanair said Wednesday that the Omicron coronavirus variant would have a strong impact on its financial performance as it more than doubled the forecast for its annual loss and cut back flights.

Business

Omicron causes sharp drop in airline ticket sales: IATA

Airline ticket sales fell sharply at the end of 2021, the International Air Transport Association (IATA) said Wednesday, blaming governments for having "over-reacted" to the Omicron COVID variant by closing borders.

Business

US airlines hopeful for post-Omicron 2022 after Q4 losses

Major US carriers stumbled through another money-losing quarter at the end of the 2021 but remain confident of a travel recovery later in 2022, based in part on hopes that Covid-19 will soon evolve into an ordinary and seasonal ...

Widespread flight cancellations continue as omicron spreads

Hundreds of flights were cancelled Wednesday as the omicron variant creates havoc both for travelers and for airlines that are having to cobble together flight crews as pilots, flight attendants and ground crews become infected ...

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