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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Business
Page 2 - News tagged with travel restrictions
Business
Airbus cuts 15,000 jobs to face aviation's 'gravest crisis'
European aircraft maker Airbus said on Tuesday it is planning to cut around 15,000 jobs worldwide, 11 percent of its total workforce, in response to the "gravest crisis" the industry has ever seen caused by the coronavirus.
Jun 30, 2020
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Other
Boeing 737 MAX takes to skies for long-awaited test flight
US regulators conducted the first a test flight of the Boeing 737 MAX on Monday, a key step in recertifying the jet that has been grounded for more than a year following two fatal crashes.
Jun 29, 2020
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Business
Boeing 737 MAX could take off Monday for commercial survival
Boeing's 737 MAX plane could begin key recertification flight tests as soon as Monday, a crucial step for the survival of a top-selling plane that has been grounded for more than a year following two fatal crashes.
Jun 29, 2020
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Business
Airlines headed for 'apocalypse' without aid: IATA
The coronavirus pandemic could spell "apocalypse" in the airline industry without urgent government aid, the global aviation association said Tuesday, warning that carriers could lose more than $250 billion in revenues this ...
Mar 24, 2020
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Business
Walmart to hire 150,000 workers as virus spreads in US
Walmart plans to hire 150,000 people to meet increased demand during the coronavirus crisis and will pay out $365 million in bonuses, the US retail giant said.
Mar 20, 2020
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Business
Last of Apple's 42 stores in China reopen
The last of Apple's 42 stores in China reopened Friday, as the country slowly goes back to work following weeks of quarantine that forced the closure of businesses.
Mar 13, 2020
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Business
Hong Kong's Cathay Pacific posts first operating profit since 2019
Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as it fights to return to pre-pandemic flight capacity.
Mar 8, 2023
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22
Business
Airbus earns record net profit of 4.2 bn euros in 2022
European aircraft manufacturer Airbus said on Thursday profits soared to a record level in 2022 despite supply chain problems limiting its ability to raise production.
Feb 16, 2023
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Business
Airlines to return to profit in 2023: IATA
Airlines are expected to return to profit next year for the first time since 2019 despite slowing global growth as they recover from a COVID-induced crisis, an industry group said Tuesday.
Dec 6, 2022
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