GE’s shares soar as earnings recover from pandemic lows
General Electric Co GE.N on Wednesday unexpectedly reported a quarterly profit and a positive cash flow on the back of cost cuts… Read More »
Boeing deepens job cuts as twin crises extend losses
Boeing Co BA.N unveiled a fourth straight quarterly loss and deeper job cuts on Wednesday as the coronavirus pandemic and the lengthy… Read More »
Japan’s ANA to shrink fleet as it skids toward record $4.8 billion loss
Japan’s ANA Holdings Inc 9202.T on Tuesday said it will retire more than a tenth of its mostly Boeing Co BA.N fleet and delay… Read More »
Saudi airline faces claim over 50 leased Airbus planes
State-owned Saudi Arabian Airlines is facing a claim in London’s High Court filed last month by a Dubai-based financial services… Read More »
Airplane COVID-19 risk ‘very low’ with masks, other actions, report finds
Transmission risks of COVID-19 during airline flights are very low and below other routine activities during the pandemic such as… Read More »
Rolls-Royce seeks $2.6 billion in make-or-break share issue
Aero-engine maker Rolls-Royce will ask shareholders on Tuesday for 2 billion pounds ($2.6 billion) in a make-or-break attempt to survive… Read More »
No timetable yet for Boeing 737 MAX’s return to service in China
China, the first country to ground Boeing Co’s 737 MAX following two fatal crashes, has not set a timetable for… Read More »
British Airways jumbo saved from scrap heap by film deal
A British Airways jumbo jet has found a new role as a film set, saving it from the scrap heap… Read More »
United Airlines testing global health app on UK-U.S. flight in effort to reopen borders
United Airlines UAL.O is set on Wednesday to test a digital health pass under a global pilot program seeking to establish a… Read More »
NASA spacecraft grabs sample of rocks from asteroid
A NASA spacecraft touched down on the rugged surface of the Bennu asteroid on Tuesday, grabbing a sample of rocks… Read More »
New Virgin Australia strategy spells end of business travel arms race
Virgin Australia looks set to cut basic fares and start charging fees for items like checked baggage and food under… Read More »
Wizz Air CEO expects smaller airline industry after pandemic
The world will have a smaller airline industry as a result of the coronavirus crisis with many privately funded carriers… Read More »