Raytheon Technologies Corp. has slashed roughly 8,000 jobs in its commercial aviation businesses as the maker of jet engines and airliner systems contends with the…
The airline industry pushed back its hopes of a rebound in traffic levels to pre-pandemic levels amid disappointing passenger numbers since lockdowns lifted.
Asian airlines carried only 724,000 international passengers in June, a 98% slump from a year earlier, as restrictions on movement suppressed air travel, the Association…
The administrators of South African Airways, the state-owned airline that’s in bankruptcy protection, want the government to set aside 16.4 billion rand ($998 million) that…
Global airlines are pledging their brands, loyalty programs and aircraft as collateral to secure more funds in the debt markets as the coronavirus pandemic continues…
Kids have only just started their summer break yet Ryanair Holdings Plc Chief Executive Officer Michael O’Leary is already counting the days until they go…
Ryanair Holdings Plc issued a stark assessment of the threat to airlines as they seek to rebound from the coronavirus crisis, saying it’s concerned that…
Singapore Airlines Ltd., consistently voted one of the world’s best airlines by Skytrax, is poised for another hefty quarterly loss after the coronavirus left it…