Business

Uber posts 4Q profit as ride-hailing service bounces back

Uber's ride-hailing service edged closer to returning to its pre-pandemic levels during the final three months of last year, but its prospects remain clouded by the future direction of the novel coronavirus that has plagued ...

Business

US airport chaos as more than 2,700 flights cancelled

Air travel continued to be severely disrupted in the United States on Saturday, with bad weather in parts of the country adding to the impact of a massive spike in Covid-19 infections fuelled by the Omicron variant.

Widespread flight cancellations continue as omicron spreads

Hundreds of flights were cancelled Wednesday as the omicron variant creates havoc both for travelers and for airlines that are having to cobble together flight crews as pilots, flight attendants and ground crews become infected ...

Business

Ryanair doubles annual loss forecast on Omicron

Low-cost airline Ryanair said Wednesday that the Omicron coronavirus variant would have a strong impact on its financial performance as it more than doubled the forecast for its annual loss and cut back flights.

Business

Qantas forecasts $1.1 billion loss in 'worst' half year

Australian national carrier Qantas is forecasting a loss of more than 1.1 billion Australian dollars (US$790 million) in July-December in what its chief executive, Alan Joyce, called one of the worst periods of the entire ...

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