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…
Boeing CEO sees risk a US airline will fail amid travel rout
Boeing Co.’s chief executive officer sees a risk that a major U.S. airline will fail as the Covid-19 pandemic all but erases demand for flights.
Lufthansa bailout sparks debate in government about direct stake
The German government is engaged in last-minute debates over the details of its bailout of Deutsche Lufthansa AG, with Chancellor Angela Merkel seeking a deal…
American Airlines continues its pioneering history with expanded cargo operations
American Airlines has expanded its cargo schedule in May to provide 140 weekly flights to 15 cities in Asia Pacific, Europe and the Caribbean, up…
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