Business
Global air passenger traffic plunged by an unprecedented 66 percent in 2020 owing to travel restrictions imposed during the COVID-19 pandemic, an industry group said Wednesday.
Feb 3, 2021
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Business
Irish no-frills carrier Ryanair warned Monday that it will suffer a record annual loss of almost 1.0 billion euros ($1.2 billion) as the coronavirus pandemic ravages demand for air travel.
Feb 1, 2021
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Business
American Airlines reported on Thursday a massive annual loss due to the continued drag from the coronavirus, but shares soared as the US carrier became the latest vehicle in a burgeoning Wall Street trading revolt by amateur ...
Jan 28, 2021
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Business
British no-frills airline EasyJet said Thursday that revenues collapsed by almost 90 percent in its first quarter as coronavirus ravaged travel demand, warning that second quarter capacity will be slashed.
Jan 28, 2021
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Business
Boeing closed the books on a bruising 2020 by announcing another unpleasant surprise on Wednesday: a $6.5 billion hit from delays to its new 777X plane that exacerbated the aerospace giant's annual loss.
Jan 27, 2021
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Business
Delta Air Lines plans to return 400 pilots to regular flying duties by this summer in a sign that it expects travel to increase over the peak vacation season from current, low pandemic levels.
Jan 25, 2021
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Business
Dutch airline KLM said on Thursday it will shed between 800 and 1,000 more jobs as the coronavirus pandemic is hitting the aviation sector for longer than expected.
Jan 21, 2021
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Computer Sciences
Traffic lights at intersections are managed by simple computers that assign the right of way to the nonconflicting direction. However, studies looking at travel times in urban areas have shown that delays caused by intersections ...
Jan 20, 2021
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Business
The company that runs Frankfurt's airport said Monday that passenger numbers in 2020 plunged to their lowest since the 1980s as the coronavirus pandemic devastated the travel sector.
Jan 18, 2021
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Business
European plane maker Airbus said Friday that it garnered just 268 net new orders last year, a drop of 65 percent year-on-year reflecting persistent fears about the prospects for air travel amid the coronavirus crisis.
Jan 8, 2021
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