The chief executive of Airbus has reportedly issued a stark assessment of the impact of the…
Category: Transportation
Airlines warn they may not survive without bailout
The bosses of EasyJet and Lufthansa have said some airlines may not survive without government support…
How coronavirus is killing off global air travel
Qantas has become the latest major airline to cancel international flights as it struggles during the…
Uber stock drops 6.8% after it cancels car pools, tech stocks rally
Shares of Uber closed down 6.8% to $18.91 per share Tuesday, while other tech stocks rebounded, after the…
Coronavirus: Korean Air fighting for ‘survival’
Korean Air has warned the coronavirus outbreak could threaten its survival in a memo sent to…
Coronavirus to cost airlines more than $29 billion in revenue this year
Global air travel demand is set to decline for the first time since 2009 because of…
Ride-sharing war looms as Ola enters London market
The UK’s taxi app market has stepped up a gear with the launch of Indian firm…
Uber sees path to profit despite $1.1bn loss
Uber’s business continues to grow, but so do its losses. Read more at https://www.bbc.com/news/business-51409022
AirAsia shares plunge after Airbus bribery allegations
Shares of Malaysia’s AirAsia Group and unit AirAsia X fell on Monday, after allegations by Britain’s Serious Fraud Office that Airbus paid…
Uber to offer UK drivers electric Nissan cars at a discount as it fights London ban
Uber will offer drivers in the U.K. electric cars from Nissan at a discount, the company said Friday, as…
Siemens boss says Trump would back his company in Middle East reconstruction projects
President Donald Trump would support Siemens’ role in reconstruction projects in countries like Iraq and Syria, the…
737 Max crisis: Boeing sees lowest orders in decades
Boeing has reported its worst annual orders in at least two decades – as it remains…