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New scheduling system could help reduce flight delays

Scheduling and coordinating air traffic can be difficult, but taking the airlines' and passengers' delay costs into account can actually save airlines money and result in fewer delays, according to a new study from Binghamton ...

Business

British Airways parent IAG swoops for more cash to survive crisis

Airline giant IAG, the owner of British Airways and Spanish carrier Iberia, on Friday logged a 3.8-billion-euro ($4.5 billion) first-half net loss—and launched a capital-raising to help it navigate the demand-destroying ...

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.

Cathay Pacific cutting 90% of April flights due to virus

Hong Kong's Cathay Pacific Airways says it will cut its flight schedule by 90% in April after passenger traffic in February fell by more than half from a year ago amid travel curbs to fight the coronavirus.

Business

Nearly 200 European airports risk going bankrupt

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 ...

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