Business

Qatar Airways posts record $1.5B profits ahead of World Cup

Qatar Airways, one of the Mideast's largest carriers known for on-board comfort and luxury, said Thursday its profits over the past fiscal year topped $1.5 billion, marking the highest ever earnings for the state-owned carrier ...

Business

Boeing deliveries rose in 2021 but still lag Airbus

Boeing delivered more than twice as many commercial planes in 2021 as the year earlier, but still lagged its archrival Airbus in the closely-watched industry benchmark, according to figures released Tuesday.

Energy & Green Tech

ESA acts to make air travel greener

Air passengers will soon be able to cut their carbon footprint when traveling on flights that are routed using satellites.

Business

Airline industry sees long-term rebound for sector

After flying into the financial turbulence of the Covid pandemic, the airline sector expects passenger traffic to take off despite concerns about the industry's impact on climate change.

Business

Air France gets EU green light for 4 bn euro aid

The EU authorised the French government on Tuesday to double its stake in Air France and inject up to four billion euros into the struggling airline whose revenues have been hit by the pandemic-induced drop in passenger traffic.

Business

US air travel hits highest level since March 2020

Airports in the United States saw their largest number of passengers in a year on Friday, data showed, following a shuddering halt in travel brought on by the COVID-19 pandemic.

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.

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