Ethiopian launches high-end COVID-19 testing lab at its hub
Ethiopian Airlines Group, Africa’s leading Airline, is pleased to announce that it has joined hands with BGI Health Ethiopia, a subsidiary of China's biotech giant,…
American Air sees ‘continued recovery’ as flyers start to return
American Airlines Group Inc. reported a smaller-than-expected loss, bucking the pattern set by its two largest rivals, and predicted a “continued recovery” from an unprecedented…
Southwest Air says it’s ‘hopeful’ cash burn will stop in June
Southwest Airlines Co. expects to stop burning cash by June and is adding summer flights almost to 2019 levels as increasing vaccination rates spur trips…
Airlines see Covid setbacks driving industry to $48 billion loss
The airline industry’s chief lobby group widened its estimate for losses this year by about a quarter, saying new Covid-19 flare-ups and mutations have pushed…
Virgin Atlantic plans full ramp-up by fall amid unclear outlook
Virgin Atlantic Airways Ltd. is aiming to get all of its planes flying by October or November amid continuing uncertainty over how far Covid-19 border…
Emirates could tap Dubai for support amid delayed recovery
Emirates said it may need to tap Dubai’s government for an equity injection if demand doesn’t rebound from the coronavirus crisis in the next six…
Boeing sticks with CEO Calhoun as potential successor exits
Boeing Co. is sticking with Chief Executive Officer Dave Calhoun to guide the company through a long and uncertain recovery, while parting ways with a…
United Air says grounded 777s to return, sees simple fix for Max
United Airlines Holdings Inc. will repair and resume flying its Pratt & Whitney-powered Boeing 777-200 fleet that’s been grounded for two months since a dramatic…
Boeing raises retirement age for CEO, says finance chief to exit
Boeing Co. is raising the retirement age for Chief Executive Officer Dave Calhoun to 70, citing his “substantial progress” in piloting the company through the…
French state tightens grip on Air France-KLM with 29% stake
The French government strengthened its hold over Air France-KLM, using a new share issue to increase its stake to more than three times that of…
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