Business
Air France-KLM on Thursday announced a first-quarter loss of 1.8 billion euros and warned of more woe to come as the coronavirus pandemic decimates international travel.
May 7, 2020
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Business
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.
May 7, 2020
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Business
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.
May 4, 2020
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Business
American Airlines lost $2.24 billion in the first quarter as the coronavirus pandemic triggered a sharp drop in air travel, and the airline is taking steps to survive but as a smaller carrier.
Apr 30, 2020
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Business
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.
Apr 28, 2020
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Business
Low-cost carrier Wizz Air said Tuesday it plans to restart flights from Vienna to 20 destinations over the coming weeks, with the first services running from Friday.
Apr 28, 2020
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Business
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".
Apr 28, 2020
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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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Business
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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