Breaking News: Business
U.S. far from normal with Covid deaths 10 times higher than seasonal respiratory viruses, report says
Nurse practitioner Deborah Beauplan administers a COVID-19 swab test at a drive-thru testing site set up for Suffolk County, New York. Newsday | Getty Images The U.S. has a long way to go before the pandemic is over and life returns to semblance of normalcy as deaths from Covid-19 remain far higher than seasonal respiratory […]
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JetBlue founder’s start-up Breeze Airways plans to nearly double its routes, add cross-country flights
David Neeleman, founder and chief executive officer of Breeze Airways, during a champagne christening before the airlines’s inaugural flight at Tampa International Airport (TPA) in Tampa, Florida, May 27, 2021. Matt May | Bloomberg | Getty Images Breeze Airways on Tuesday said it plans nearly double its network to 77 routes this spring and summer, […]
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Airline stocks slump as jet fuel surge overshadows travel rebound
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their way out of two bruising pandemic years are now facing the most expensive jet fuel costs in more than 13 years, overshadowing a […]
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Moderna reaches preliminary agreement to build Covid vaccine manufacturing plant in Africa
A health official prepares a syringe with the Moderna Covid-19 vaccine prior to administering it during a mass Covid-19 vaccination drive in Nairobi on September 17, 2021. Simon Maina | AFP | Getty Images Moderna has reached a memorandum of understanding with Kenya to build a Covid vaccine manufacturing plant in the East African nation, […]
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New Jersey will end omicron public health emergency, NYC to lift indoor vaccine mandate
New Jersey Governor Phil Murphy speaks to volunteers as he meets with Newark Mayor Ras Baraka during the gubernatorial election in Newark, New Jersey, November 2, 2021. Eduardo Munoz | Reuters New Jersey Gov. Phil Murphy on Friday said large-scale mitigation measures are no longer needed to fight Covid, lifting a public health emergency order […]
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Russia’s invasion of Ukraine is driving up air cargo costs
A Boeing 747-8F operated by AirBridgeCargo takes off from Leipzig/Halle Airport. Jan Woitas | Picture Alliance | Getty Images The cost of transporting goods by air has surged since Russia’s invasion of Ukraine last week, just as consumers are already grappling with the fastest pace of inflation in nearly 40 years. Carriers, including KLM Royal […]
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Airline software giant ends distribution service with Russia’s Aeroflot, crippling carrier’s ability to sell seats
Aeroflot Russian Airlines and Rossiya Airlines jet aircrafts at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Sabre Corp. on Thursday said it terminated a global distribution agreement with Russia’s Aeroflot, crippling the country’s largest airline’s ability to sell seats. The Texas-based airline software giant provides ticket distribution and reservation services for carriers […]
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