US sues to block American Airlines-JetBlue alliance
The US Justice Department filed a lawsuit Tuesday to block the alliance between American Airlines and JetBlue that it says will harm travelers by reducing competition.
9 hours ago
0
8
Business
News tagged with travel
Business
Boeing sees full commercial air recovery by 2024
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
0
10
Business
Australian watchdog blocks Qantas-Japan Airlines deal
Australia's competition regulator on Monday definitively blocked a pricing, code-sharing and scheduling deal between Qantas and Japan Airlines, saying the arrangement would hurt consumers.
Sep 13, 2021
0
3
Business
Qantas posts $1.7 billion loss and tips travel by Christmas
Qantas Group posted a 2.35 billion Australia dollar ($1.7 billion) pandemic-related annual loss on Thursday and forecast Australia will reopen to international travel in December.
Aug 26, 2021
0
3
Business
Berlin to sell part of its stake in Lufthansa group
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
0
5
Business
Hong Kong carrier Cathay Pacific posts $972 mn first-half loss
Struggling Hong Kong carrier Cathay Pacific on Wednesday said its losses in the first half of the year narrowed to $972 million but warned its outlook remained uncertain as the coronavirus pandemic continues to hammer international ...
Aug 11, 2021
0
111
Business
Pent-up travel demand helps Lufthansa halve losses
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
0
4
Business
Australia's Qantas to furlough 2,500 workers
Australian airline Qantas announced Tuesday it will furlough 2,500 workers as coronavirus outbreaks and regional lockdowns pummel demand for flights.
Aug 03, 2021
0
132
Business
Air France-KLM sees 'first signs of recovery'
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
0
3
Business
Ryanair losses widen on Covid travel restrictions
Irish no-frills airline Ryanair on Monday announced a widening of losses in its first quarter, hit by COVID travel restrictions in Europe.
Jul 26, 2021
0
2
