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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Business
Some 16,500 Air Canada employees who were laid off because of the coronavirus pandemic will be rehired under a government relief package for businesses, the airline said Wednesday.
Apr 8, 2020
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Business
The coronavirus pandemic sent global air passenger demand plunging 14 percent in February, marking the steepest decline in traffic since the September 11 attacks in 2001, the global aviation association said Thursday.
Apr 2, 2020
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The spread of the coronavirus could force weak airlines to merge with competitors, the head of Air France-KLM and the A4E association of European airlines said Tuesday.
Mar 3, 2020
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Business
Foreign firms are struggling to resume work in virus-hit China as they face disrupted supply chains, rising inventory and quarantine rules meant to contain the deadly epidemic, the EU chamber of commerce said Tuesday.
Feb 18, 2020
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