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
German airline Lufthansa said Thursday it halved its losses in the second quarter compared to a year ago, as travel restrictions eased over the coronavirus pandemic and passengers returned.
Aug 5, 2021
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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
Amazon is placing new grocery delivery customers on a waitlist as it pushes social distancing and grapples with the onslaught of digital orders placed during the ongoing coronavirus crisis.
Apr 14, 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
Ride-hailing giant Didi Chuxing has filed to list its shares in New York, a high-profile move by a Chinese tech firm in the United States despite soaring tensions between the superpowers, with reports saying it could be one ...
Jun 11, 2021
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Business
Dubai-based airline Emirates expects to resume flights to all "network destinations" by summer 2021, its chief operating officer said Thursday, after the coronavirus pandemic halted most global air travel.
Aug 20, 2020
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Business
Walt Disney Co.'s returning Chief Executive Bob Iger threw cold water on the idea of selling the company to Apple—or acquiring other major companies—during his highly anticipated Monday town hall for employees, according ...
Nov 29, 2022
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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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Consumer & Gadgets
Deliveroo's decision to quit the Australian market, after what have been boom times for food delivery platforms, may seem surprising. But the writing has been on the wall for some time.
Nov 17, 2022
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