Business

British Airways parent IAG logs vast loss on virus

IAG, the owner of British Airways and Spanish carrier Iberia, dived into a net loss of 1.76 billion euros ($2.1 billion) in the third quarter on coronavirus fallout, it said Friday.

Business

GE reports smaller loss, shares rise

General Electric reported a smaller quarterly loss Wednesday on lower revenues and a continued slump in aviation, but said it would be cashflow positive in 2021 following cost-cutting moves.

Business

Lufthansa says 30,000 jobs at risk over pandemic

Germany's Lufthansa has warned that 30,000 jobs are under threat as it scaled down its winter schedule to levels not seen since the 1970s as demand for travel collapses because of the coronavirus pandemic.

Software

Motorists' smartphones may help keep highways safe

Motorists with smartphones could help highway chiefs maintain road quality by sending "crowdsourced" data from their mobiles that would allow engineers to assess when carriageway repairs are needed, according to a new study.

Business

Airbus to keep A320 output at 40 per month

European aircraft giant Airbus said Friday it will maintain production of its workhorse A320 plane at 40 per month to mid-2021 when it expects the aviation industry to have recovered from the coronavirus pandemic.

Automotive

Comparing the promise and reality of e-scooters

Is shared micromobility the ideal first/last mile supplement to transit? Can electric scooters make it easier for historically disadvantaged populations to get around? In just three years, brand-new fleets of e-scooters have ...

Business

American Airlines reports $2.4 bln loss in Q3

American Airlines announced Thursday that its earnings plunged 73 percent in the third quarter amid the collapse in air travel during the coronavirus pandemic, causing a loss of $2.4 billion, which was not as bad as analysts ...

Hi Tech & Innovation

Translation tools, air purifiers: face masks go high-tech

From monitoring vital signs to filtering filthy air and even translating speech into other languages, the coronavirus-fuelled boom in mask-wearing has spawned an unusual range of high-tech face coverings.

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