Qatar Airways to cut almost 20% of workforce, CEO tells BBC
Qatar Airways will cut almost 20% of its workforce after a slump in travel demand caused by the coronavirus, the carrier’s chief executive officer said…
Luxury jets in Florida, sea planes in Alaska get virus aid
Luxury charter airlines and companies that fly tourists on sea planes in Alaska received millions of dollars in federal aid under the $25 billion Treasury…
Airlines tumble on warning of lagging travel demand through 2025
U.S. airlines plummeted to the lowest since 2013 after the International Air Transport Association warned that demand for flights will lag behind pre-coronavirus forecasts for…
Airline group sees virus hurting travel for at least five years
Demand for air travel will lag behind pre-coronavirus forecasts for at least five more years, according to the latest projections from the International Air Transport…
Johnson says airlines must keep low carbon footprint
U.K. Prime Minister Boris Johnson said the global aviation industry needs to limit carbon-dioxide emissions once air travel resumes following the coronavirus crisis.
Korean Air plans to raise over $800 million to stay afloat
Korean Air Lines Co. plans to sell new shares to raise about 1 trillion won ($817 million) after the coronavirus outbreak wiped out 90% of…
SocGen to make goodwill payment to Singapore Airlines short-sellers
Societe Generale SA will make a one-time payment to those who used its daily leverage certificates to short Singapore Airlines Ltd. stock and got wiped…
American gets most as biggest airlines win bulk of US aid
Five major airlines have received the lion’s share of federal aid Treasury Secretary Steven Mnuchin has approved in the past six weeks as the industry…
Boeing’s tally of lost orders soars to 255 for bad-to-worse 2020
Boeing Co.’s net sales this year shrank by 255 jets through April as airlines shelved expansion plans and canceled orders for the grounded 737 Max…
Ryanair sees rivals failing, cheaper Boeing Max deal after virus
Ryanair Holdings Plc. sees an opportunity to buy planes for less and reduce other costs with weaker rivals out of the picture once the airline…
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