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COVID-19 Impact: Boeing reports big loss, hints at more job cuts

Boeing reported a bigger-than-expected loss Wednesday and said it would further trim its plane production because of weak demand in the wake of the...

Kenya Airways to lay off staff, reduce assets: CEO

NAIROBI - Kenya Airways will lay off an unspecified number of workers, reduce its network and also get rid of some assets due to...

COVID-19: Emirates Airline says to cut ‘a few’ jobs over coronavirus

Related • Emirates launches first rapid virus test for passengers • Dubai to inject capital into grounded Emirates Airline • Emirates to resume limited passenger flights Dubai -...

COVID-19 Impact: Boeing to cut staff, plane output after big Q1...

Boeing announced sweeping cost-cutting measures Wednesday after reporting a first-quarter loss of $641 million following the hit to the airline business from the coronavirus...

Boeing scraps $4.2bln deal to buy Embraer commercial division

New York - Boeing announced Saturday it was pulling out of a $4.2 billion deal to acquire the commercial plane division of its Brazilian...

‘Worse than 9/11’: Coronavirus threatens global airline industry

New York - Fears of massive bankruptcies and calls for emergency bailouts swept global airlines Tuesday as a top US official warned the coronavirus...

Virus hit to aviation may top $100 bn: industry group

Airlines could lose up to $113 billion in revenues this year due to the coronavirus, equivalent to the damage experienced by the industry during...

Airlines’ fuel practices feed doubts over climate commitment

Paris - Airlines have taken steps to reduce their carbon footprints under the gaze of public opinion, but the pressure of the bottom line...

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