Airline traffic to fall by two-thirds this year: IATA
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
News tagged with travel restrictions
Business
European airlines cutting fares to woo back passengers
With the coronavirus crisis putting a chill on travel, European airlines are reducing fares to attract passengers and fill the planes that are still flying.
Sep 27, 2020
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Automotive
China opens auto show under anti-disease controls
Ford, Nissan and BMW unveiled new electric models with more range for the Chinese market on Saturday as the Beijing auto show opened under anti-virus controls that included holding news conferences by international video ...
Sep 26, 2020
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Business
European airlines demand end to quarantine 'chaos'
European airlines on Tuesday urged national capitals to coordinate measures to limit the spread of the novel coronavirus, saying the current patchwork of restrictions is hobbling a return to regular travel around the EU.
Sep 15, 2020
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Business
United will cut up to 2,850 pilots without more federal aid
United Airlines said Thursday that it will furlough up to 2,850 pilots this fall unless the federal government provides more relief to help airlines cover their labor costs during a pandemic-fueled downturn in travel.
Aug 28, 2020
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Virus-hit Air New Zealand posts US$300 million loss
Flag carrier Air New Zealand on Thursday announced a roughly US$300 million annual net loss after demand plummeted due to the coronavirus pandemic.
Aug 27, 2020
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Business
Qantas to axe 2,500 more jobs
Australian flag carrier Qantas announced plans Tuesday to cut almost 2,500 more jobs, just days after posting a huge annual loss as it reels from a collapse in demand caused by the coronavirus.
Aug 25, 2020
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Business
Emirates to serve all 'network destinations' by summer 2021
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
Ryanair cuts Sept, Oct flights as virus hits demand
Ryanair will cut its September and October timetable by "20 percent" on weaker-than-expected demand following renewed virus-linked travel restrictions in some European countries, the Irish airline said Monday.
Aug 17, 2020
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Business
Indian airline IndiGo to fight virus woes with $534 mn share issue
India's largest airline IndiGo hopes to raise $534 million by issuing shares to try and boost liquidity after the coronavirus pandemic sparked record losses and job cuts.
Aug 11, 2020
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