Business
DoorDash is eliminating about 1,250 corporate jobs, or about 6% of its workforce, saying it hired too many people when delivery demand surged during the COVID-19 pandemic.
Nov 30, 2022
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5
Business
Boeing reported a hefty fourth-quarter loss Wednesday as mounting costs connected to the widebody 787's woes more than offset a boost from the comeback of the 737 MAX after a lengthy grounding.
Jan 26, 2022
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13
Business
Nearly 200 European airports risk insolvency in the coming months if passenger traffic does not recover, a trade association warned on Tuesday, as nations contemplate further lockdowns to combat a second wave of the coronavirus ...
Oct 27, 2020
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Business
Gulf aviation giant Emirates said Sunday it would take at least 18 months for travel demand to return to "a semblance of normality", despite reporting bumper pre-pandemic profits.
May 10, 2020
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7
Business
British Airways owner IAG said Thursday it plunged into the red in the first quarter as the coronavirus pandemic grounded planes, adding that pre-crisis passenger demand would not return until 2023.
May 7, 2020
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Business
Air France has resolved difficult staff relations that led to debilitating strikes and must now reposition itself in the ultra-competitive airline industry to take advantage of its home turf, according to Ben Smith, the head ...
Nov 5, 2019
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Business
Indian airline IndiGo has placed an order for 300 A320neo family aircraft, Airbus said Tuesday, in one of its largest-ever orders from a single firm, worth over $33.2 billion at catalogue prices.
Oct 29, 2019
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