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
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
Global airlines have revised traffic forecasts lower, sector federation IATA said Tuesday, warning that hundreds of thousands of jobs are at risk without more state aid.
Sep 29, 2020
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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
United Airlines says it listened to customers and is dropping an unpopular $200 fee for most people who change a ticket for travel within the United States.
Aug 31, 2020
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Business
American Airlines said Tuesday it will cut more than 40,000 jobs, including 19,000 through furloughs and layoffs, in October as it struggles with a sharp downturn in travel because of the pandemic.
Aug 25, 2020
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Business
American Airlines has reached a deal with its pilots' union designed to reduce the number of job losses in October as the airline shrinks because fewer people are flying during the pandemic.
Aug 5, 2020
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Japan Airlines on Monday said it suffered a deep quarterly net loss of $885 million as the coronavirus pandemic halted air travel around the world.
Aug 3, 2020
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Business
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 ...
Jul 31, 2020
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Business
Singapore Airlines (SIA) reported a first-quarter net loss of more than US$800 million Wednesday, the latest carrier to take a massive hit as a result of the coronavirus pandemic.
Jul 29, 2020
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