Business
British low-cost airline EasyJet, blighted by the coronavirus fallout, said Thursday it has raised £419 million ($523 million, 463 million euros) via a share placing as it tries to cope with disappearing demand for air travel.
Jun 25, 2020
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Business
The French government on Tuesday pledged 15 billion euros ($16.9 billion) for the country's aviation industry, where thousands of jobs are on the line as the coronavirus crisis hammers the travel industry.
Jun 9, 2020
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Spanish airline Iberia said Thursday it plans to resume some short- and medium-haul services in July for the first time since the country grounded air services in March as part of its coronavirus lockdown.
May 28, 2020
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Pandemic-hit Fiji Airways fired more than half its workforce Monday, as travel restrictions put the islands' vital tourism sector in deep freeze and reduced the national carrier's revenue to "virtually zero".
May 25, 2020
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Business
Air France said Monday it hoped to double the number of cities it serves, including over 40 European destinations, by the end of June as nations begin to lift coronavirus travel restrictions.
May 18, 2020
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Business
Air France-KLM on Thursday announced a first-quarter loss of 1.8 billion euros and warned of more woe to come as the coronavirus pandemic decimates international travel.
May 7, 2020
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Business
British Airways owner IAG said Thursday it plunged into the red in the first quarter as the coronavirus pandemic grounded planes, adding that pre-crisis passenger demand would not return until 2023.
May 7, 2020
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Business
Air Canada on Monday announced a loss of more than Can $1 billion (US $710 million) in the first quarter as the coronavirus pandemic shut down air travel worldwide.
May 4, 2020
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Business
The global aviation industry warned Tuesday of a severe cargo capacity shortage as airlines around the world slash jobs and suffer plunges in profits due to the coronavirus crisis.
Apr 28, 2020
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Business
Low-cost carrier Wizz Air said Tuesday it plans to restart flights from Vienna to 20 destinations over the coming weeks, with the first services running from Friday.
Apr 28, 2020
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