Business
Delta Air Lines will need to "resize" the company in the wake of the coronavirus crisis, executives said Wednesday, as they sketched out a picture of airline industry recovery that is expected to be slow and choppy.
Apr 22, 2020
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Japanese airline ANA Holdings on Monday slashed its annual net profit forecast by 71 percent over massive falls in demand and major cancellations caused by the coronavirus pandemic.
Apr 20, 2020
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Business
Boeing saw a spike in canceled plane orders in March, due to the travails of the 737 MAX as well as the hit to air travel from COVID-19, the company reported Tuesday.
Apr 14, 2020
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Business
Air France-KLM passenger numbers plunged nearly 57 percent in March and it expects more than 90 percent of its planes to be grounded this month and in May due to the coronavirus crisis, the group said Thursday.
Apr 9, 2020
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Business
Some 16,500 Air Canada employees who were laid off because of the coronavirus pandemic will be rehired under a government relief package for businesses, the airline said Wednesday.
Apr 8, 2020
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Business
Airbnb on Monday announced it was taking a billion dollars in new investment to endure and, it hopes, thrive in a travel world transformed by the coronavirus pandemic.
Apr 7, 2020
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Business
Boeing announced Monday it is suspending production of its 787 Dreamliner aircraft "until further notice" due to the impact of the coronavirus pandemic on workers and suppliers.
Apr 7, 2020
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Business
The coronavirus pandemic sent global air passenger demand plunging 14 percent in February, marking the steepest decline in traffic since the September 11 attacks in 2001, the global aviation association said Thursday.
Apr 2, 2020
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Business
The coronavirus pandemic could spell "apocalypse" in the airline industry without urgent government aid, the global aviation association said Tuesday, warning that carriers could lose more than $250 billion in revenues this ...
Mar 24, 2020
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Business
Walmart plans to hire 150,000 people to meet increased demand during the coronavirus crisis and will pay out $365 million in bonuses, the US retail giant said.
Mar 20, 2020
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