EasyJet on Tuesday posted the first annual pre-tax loss in its 25-year history, prompting it to seek more government help as the coronavirus pandemic hammers air travel.
Qatar Airways said in a statement that its annual report for 2017-18 demonstrates the airline's strength and resilience in the face of adversity.
Jet Airways slid 8.04% in morning trade, a day after it told the Bombay Stock Exchange that it was delaying releasing its first-quarter results.
Japan's Fujifilm Holdings said it is cutting 10,000 jobs globally at its joint venture with Xerox Corp to cope with a decline in the photocopying business, amid speculation of a new deal between the two companies.
Emirates, Dubai's flagship carrier, reported a 56 percent jump in annual net profit from its airline operations, with lower oil prices helping to reduce operating costs ...
Coming off a barrage of flimsy company earnings reports that included Apple’s first revenue drop in 13 years
Notwithstanding the downturn in the energy front, Qatar’s residents average monthly spend on luxuries stood at $4,000 in 2015, which is twice that of the Gulf average, according to American Express (Amex).
British energy giant BP on Tuesday posted the company's biggest loss in at least 20 years, ravaged by tumbling oil prices, and axed another 3,000 jobs.