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Before its sudden demise Thursday, Flybe was Europe’s largest independent regional airline. read more...
Middle East governments should consider providing support to airlines to help th...
Major international airline Emirates is asking staff to take unpaid leave for up...
Disruption from the spread of coronavirus will increase pressure for consolidati...
Airline shares may not be nearly as volatile as they used to be, but they've still greatly exceeded the fall of the Dow industrials over the past week. Those still holding airline stocks now face a tough choice.
Emirates — which had more than 100,000 employees — has canceled numerous flights in response to the outbreak.
The Ethiopian government has disclosed the formation of a national ministerial committee that envisaged closely monitoring ongoing efforts
STOCKHOLM — Swedish-Danish airline SAS on Tuesday canceled its flights to northern Italy and withdrew financial guidance for its current financial year after the spread of the coronavirus hit…
The top U.S. airlines trade group and CEOs from several passenger companies are set to meet with Vice President Pence on Wednesday to discuss the coronavirus outbreak.
The low cost airline said it was cutting back on flights to Italy after a slump in demand, driven by the COVID-19 outbreak.
Considering the availability of additional resources and the fact that many employees want to utilise their leave, Emirates has provided employees the option to avail leave or apply for voluntary unpaid leave for up to one month.
The struggling airline has seen a collapse in bookings and has still not secured a £100 loan.
Representatives from some of the nation's top airlines met with U.S. Presid...
Kwaku Agyeman Manu the Minister for Health says the government is planning to set up a 100-bed capacity facility in a remote area to serve as a centre for quarantining persons with suspected coronavirus infection.
Airline executives met with President Donald Trump and Vice President Mike Pence to discuss a response to coronavirus.
The coronavirus in China is disrupting the spring roll-out of tools and other products of Stanley Black & Decker Inc., which expects pressure on revenue, the manufacturer’s chief financial officer said recently.
UK airline Flybe has officially entered administration.
In a statement, the company said that all flights have been grounded and that the business has ceased trading with immediate effect.
LONDON — British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the struggling carrier the industry’s first big casualty of the coronavirus outbrea…
Rolling coverage of the latest economic and financial news, including the collapse of regional airline Flybe
UK airline Flybe has officially entered administration.
Airline grounded with customers told not to travel … boy found murdered after gang seen with baseball bats … and how one man dug himself a home
The International Air Transport Association (IATA) has updated its economic impact estimates for the spread of the coronavirus (COVID-19) adjusting potential lost airline revenues to as high as $113 billion.
LONDON/SINGAPORE (Reuters) - The coronavirus epidemic could cost passenger airlines up to $113 billion in lost revenue this year, an industry body warned on Thursday, more than three times a projection it made just two weeks ago as the virus continues to spread around the world. The warning from the
The collapse puts 2,400 jobs at risk and marks the first collapse of an airline since the outbreak of Covid-19.