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 ...

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.

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.

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.

Business

Sunnier skies: US airline recovery gets off the ground

US airlines are seeing profits return and betting that the rise of the Delta variant of the coronavirus will not derail a domestic travel comeback even as it clouds the outlook for an international recovery.

Business

EasyJet charts path out of pandemic fallout

British airline EasyJet on Tuesday ramped up summer capacity and revealed narrowing losses, thanks to easing Covid travel curbs in Europe, speedy vaccinations and improving demand.

page 13 from 34