Business

Heathrow airport urges roadmap for quarantine exit

London's Heathrow airport on Monday urged the British government to issue a "roadmap" for its planned coronavirus quarantine for air travellers, after revealing traffic almost evaporated in April.

Business

Emirates predicts 18-month lull in air demand

Gulf aviation giant Emirates said Sunday it would take at least 18 months for travel demand to return to "a semblance of normality", despite reporting bumper pre-pandemic profits.

Business

British Airways parent dives into huge quarterly loss

British Airways owner IAG said Thursday it plunged into the red in the first quarter as the coronavirus pandemic grounded planes, adding that pre-crisis passenger demand would not return until 2023.

Business

Air Canada's Q1 loss surpasses Can $1 bn

Air Canada on Monday announced a loss of more than Can $1 billion (US $710 million) in the first quarter as the coronavirus pandemic shut down air travel worldwide.

Business

Aviation industry warns of cargo capacity shortfall

The global aviation industry warned Tuesday of a severe cargo capacity shortage as airlines around the world slash jobs and suffer plunges in profits due to the coronavirus crisis.

Business

SAS airline slashes 5,000 jobs over corona crisis

Scandinavian airline SAS said Tuesday it would lay off up to 5,000 employees as the new coronavirus pandemic has wiped out demand for air travel which would not return to normal for "some years".

Business

Expedia raising $3.2 bn to weather pandemic hit

Expedia on Thursday appointed a new chief executive and said it would raise $3.2 billion to ride out the devastating slump in the travel industry linked to the virus pandemic.

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