Lufthansa slices schedule in half on drastic coronavirus hit to sales
Deutsche Lufthansa AG slashed capacity by as much as 50% in the most aggressive move yet by a major European airline to cope with the…
Airline 2020 profits May drop 27% on blow from virus, Cowen says
The airline sector is at the frontline of the coronavirus crisis as financial markets struggle to make sense of the outbreak’s impact, and Cowen expects…
Airbus posts first order blank in a year as virus spreads
Airbus SE logged zero orders in February, the first such drought in 13 months, as airlines held back on new commitments at a time when…
Boeing redress lifts Turkish Airlines profit to record in 2019
Turkey’s flagship carrier posted record profit in 2019, thanks to a one-time gain incurred due to compensation for grounded and undelivered Boeing 737 Max aircraft.
Finnair says flight refunds to take a month due to virus impact
Finnair Oyj said the coronavirus outbreak has led to so many flight cancellations that it’s taking about a month to refund passengers.
Airlines sink most since 2011 on virus’s ‘gut punch’ to demand
In just a few days, U.S. travel has begun to crumble.
TAP Air Cargo links up with leading e-booking platform cargo.one to offer digital bookings for its fast-growing cargo capacities
Portugal's flagship carrier TAP Air Portugal (TAP) and leading air cargo e-booking platform cargo.one have entered into a global partnership. The agreement will support the…
Collapse of UK airline stokes concern virus will doom peers
The failure of Europe’s biggest regional airline and a dire revenue outlook from the industry’s leading trade group stoked concern that the impact of the…
Southwest Airlines warns virus will cut into first-quarter sales
Southwest Airlines Co. became the latest carrier to feel the sting of the coronavirus’s impact on air travel, warning a significant drop-off in demand in…
Flying in America is more comfortable because of the coronavirus
While the novel coronavirus has killed thousands and roiled economies, there’s been an unlikely upside for air travel in the U.S.
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