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
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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
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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
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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
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Business
The German government said Monday it will sell part of the 20 percent stake it took last year in Lufthansa to prop up the airline group during the coronavirus pandemic.
Aug 16, 2021
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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
Australian airline Qantas announced Tuesday it will furlough 2,500 workers as coronavirus outbreaks and regional lockdowns pummel demand for flights.
Aug 3, 2021
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Business
Air France-KLM said Friday that it narrowed its loss in the second quarter and saw the "first signs of recovery" in the aviation sector as countries ease coronavirus restrictions and vaccination campaigns continue apace.
Jul 30, 2021
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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
Global air passenger numbers could rebound from the coronavirus pandemic to top 2019 levels by 2023, the International Air Transport Association predicted on Wednesday.
May 26, 2021
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