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
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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 05, 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 03, 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
As travel picks up this summer, airlines are dusting off planes that were grounded during the pandemic, checking they are clear of fungus, bugs and bird nests before sending them back in the air.
Jul 04, 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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Business
The Canadian government has provided Transat with up to Can$700 million (US$570 million) in loans to keep the nation's third-largest carrier flying after a precipitous drop in air travel during the coronavirus pandemic.
Apr 29, 2021
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Business
United Airlines posted a $1.36 billion loss in the first quarter and will need a rebound in lucrative business and international travel before it returns to profitability.
Apr 20, 2021
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