Business
Some 4,000 British Airways workers are learning Friday whether they will be fired as the airline slashes jobs amid the drop in demand and travel restrictions stemming from the COVID-19 pandemic.
Aug 07, 2020
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Business
German airline giant Lufthansa said Thursday that demand for air travel will return to pre-crisis levels only in 2024 or even later as it announced forced layoffs on the back of a significant loss.
Aug 06, 2020
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Business
Pandemic-struck airline Virgin Australia announced Wednesday it would close budget subsidiary Tigerair Australia and lay off 3,000 staff as it prepares to relaunch under new owners.
Aug 05, 2020
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Business
Online travel agency Booking.com said Tuesday it will cut up to a quarter of staff worldwide due to the ongoing coronavirus pandemic, leading to thousands of job losses.
Aug 04, 2020
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Japan Airlines on Monday said it suffered a deep quarterly net loss of $885 million as the coronavirus pandemic halted air travel around the world.
Aug 03, 2020
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Business
Air Canada on Friday announced a loss of more than CAN$1.7 billion (US$1.27 billion) in the second quarter due to the "devastating effects" of the coronavirus pandemic.
Jul 31, 2020
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Business
The Boeing 747 is an iconic jumbo jet that revolutionized air travel and tourism, allowing affordable flights for millions of people eager to see the world.
Jul 29, 2020
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Business
Singapore Airlines (SIA) reported a first-quarter net loss of more than US$800 million Wednesday, the latest carrier to take a massive hit as a result of the coronavirus pandemic.
Jul 29, 2020
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Business
London's Heathrow airport on Wednesday urged the government to create a coronavirus testing programme for travellers to replace quarantines, as it announced more than a billion pounds in losses in 2020.
Jul 29, 2020
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Business
Global air travel is recovering more slowly than expected and it will take until 2024 to return to pre-pandemic levels, the trade association for the airline industry said Tuesday.
Jul 28, 2020
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