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 ...

Energy & Green Tech

Electric cars, homes and shops: NJ's clean energy future?

Gasoline-powered vehicles would become a thing of the past, and nine out of every 10 buildings in New Jersey would be heated and cooled by electricity instead of natural gas or oil, under an ambitious plan laid out Thursday ...

Energy & Green Tech

California is ready to pull the plug on gas vehicles

California will ban the sale of new gasoline-powered passenger cars and trucks in 15 years, Gov. Gavin Newsom announced Wednesday, establishing a timeline in the nation's most populous state that could force U.S. automakers ...

Business

European airlines demand end to quarantine 'chaos'

European airlines on Tuesday urged national capitals to coordinate measures to limit the spread of the novel coronavirus, saying the current patchwork of restrictions is hobbling a return to regular travel around the EU.

Business

Virgin Atlantic completes rescue plan; 1,150 jobs lost

Virgin Atlantic completed its 1.2 billion-pound ($1.6 billion) restructuring plan and cut 1,150 jobs Friday as the airline sought to rebuild following the devastation caused by the COVID-19 pandemic.

Business

High Court in London backs Virgin Atlantic's rescue plan

Virgin Atlantic's 1.2 billion-pound ($1.6 billion) restructuring plan was approved Wednesday by the High Court in London, allowing the international airline to continue rebuilding its operations after the devastation caused ...

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