Business
Airbnb on Thursday reported record-high profit in the recently ended quarter as bookings surpassed pre-pandemic numbers, with remote work trends boosting the home-sharing platform.
Nov 5, 2021
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29
Business
As aviation struggles to emerge from the historic, pandemic-driven downturn, another longer-term challenge already looms. Concern about air travel's contribution to climate change threatens to curtail growth of an industry ...
Oct 27, 2021
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Business
Under huge pressure to go green, the aviation industry needs to spend billions of dollars to become more climate-friendly in what risks ramping up fares and making air travel the preserve of the rich once again.
Oct 22, 2021
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Business
An improvement in customer travel levels helped United Airlines report a profit in the third quarter on Tuesday even as it pointed to higher jet fuel costs as the latest challenge facing the industry.
Oct 20, 2021
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12
Business
Global airlines will lose an estimated $51.8 billion in 2021 and another $11.6 billion in 2022 in the aftermath of the Covid-19 pandemic, according to an industry forecast released Monday.
Oct 4, 2021
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4
Business
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.
Sep 21, 2021
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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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10
Business
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
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Business
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
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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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