Business
German national carrier Lufthansa on Thursday said it slashed its losses in the first quarter and set its sights on a record summer for tourist traffic as demand recovers from the pandemic.
May 5, 2022
0
0
Business
Qantas has revealed plans for the world's longest-duration commercial flight by the end of 2025, ferrying passengers between Sydney and London on Airbus A350s in just over 19 hours.
May 2, 2022
0
4
Business
European aircraft giant Airbus posted record profits in 2021 after two years of losses as it cruises past the pandemic-induced crisis in the travel industry, company results showed Thursday.
Feb 17, 2022
0
27
Shares in at-home fitness company Peloton jumped Friday evening in extended trading on Wall Street amid reports of the company's potential takeover by e-commerce giant Amazon.
Feb 5, 2022
0
13
Business
Ryanair slashed losses in the final quarter of 2021 but the emergence of the Omicron variant cut into the normally busy winter holiday travel season, the no-frills airline said Monday.
Jan 31, 2022
0
3
Energy & Green Tech
A recent study from Oregon State University found that countries with stricter COVID-19 lockdowns and larger decreases in local travel early in the pandemic experienced steeper declines in electricity use than countries with ...
Jan 5, 2022
0
41
Business
Low-cost airline Ryanair said Wednesday that the Omicron coronavirus variant would have a strong impact on its financial performance as it more than doubled the forecast for its annual loss and cut back flights.
Dec 22, 2021
0
28
Business
Emirates airline said it was on the path to recovery from the Covid pandemic on Wednesday as six-month losses dropped by more than a half from a year earlier.
Nov 10, 2021
0
3
Business
British Airways owner IAG said Friday that its bottom-line loss shrank sharply in the third quarter, as Covid travel curbs were lifted, and expressed hope for a return to profit next year.
Nov 5, 2021
0
7
Business
Boeing said Tuesday that the commercial aviation market should fully recover by 2024 from its pandemic slump, as the industry giant lifted its aerospace forecast for the next decade.
Sep 14, 2021
0
10
