Business
Dubai-based Emirates airline on Thursday posted its first loss in more than three decades, saying it had been badly hit by the coronavirus lockdown that brought air transport to "a literal standstill".
Nov 12, 2020
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Business
Russia's flagship airline Aeroflot announced Wednesday heavy losses for 2020 as coronavirus-related restrictions grounded planes around the world.
Mar 10, 2021
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Business
Irish no-frills airline Ryanair rebounded back into bumper annual net profits, boosted by a "strong" post-COVID recovery despite spiking costs, it said Monday.
May 22, 2023
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Business
Six months since the coronavirus pandemic upended the global airline industry, Ethiopian Airlines is facing a heavy toll: more than $1 billion in lost revenue, to say nothing of 850 infected employees.
Sep 29, 2020
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Business
Air freight traffic has returned to pre-pandemic levels, the International Air Transport Association said Tuesday, but passenger traffic slumped further in January.
Mar 2, 2021
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The U.S. airline industry has generally faced two obstacles in enticing more people to fly: fear and fares.
Jul 13, 2020
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Business
The rate of lost, damaged or delayed luggage nearly doubled last year as air travel rebounded and the sector faced staff shortages following the COVID pandemic, a study found on Tuesday.
May 16, 2023
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Business
Global air passenger traffic plunged by an unprecedented 66 percent in 2020 owing to travel restrictions imposed during the COVID-19 pandemic, an industry group said Wednesday.
Feb 3, 2021
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Business
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.
Mar 14, 2021
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Business
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.
Apr 6, 2021
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