Southwest Airlines Co said on Thursday it had issued notices to 6,828 employees warning them that they could be furloughed, amid a slump in demand for air travel due to the coronavirus crisis.
Bahrain's national airline Gulf Air signed a memorandum of understanding with Israeli carrier El Al on Thursday, with Gulf Air direct flights to Tel Aviv set to start Jan. 7, a Gulf Air statement said.
Aviation industry opposition to requiring mandatory COVID-19 vaccination for passengers has intensified as impending drug approvals trigger a debate over their role in air travel.
The S&P 500 and the Nasdaq touched all-time highs on Thursday as investors looked past bleak economic data, while remaining focused on a COVID-19 vaccine, with the blue-chip Dow getting a boost from Boeing shares.
U.S. meatpacker Smithfield Foods has offered to help health officials distribute COVID-19 vaccines and store them in ultra-cold freezers that are in high demand to support a vaccination campaign, the company's chief administrative officer said on Thursday.
Ryanair hopes to agree another large order of the 737 MAX jets with manufacturer Boeing over the next 18 months and expects to be flying the 230-seat MAX 10 by 2025, Group Chief Executive Michael O'Leary told Reuters in an interview on Thursday.
U.S. Senate Majority Leader Mitch McConnell on Thursday said there was some positive movement in congressional efforts to reach a compromise on a new coronavirus aid bill but he gave no hints on when such a deal might be struck.
The chief executive of Brooks Running is projecting double-digit sales growth through 2021 as the coronavirus pandemic spurs more people to run when they're not staying home.
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Budget airline Ryanair on Thursday ordered 75 additional Boeing 737 MAX jets with a catalogue value of $9 billion, throwing a commercial lifeline to the embattled U.S. planemaker after regulators lifted a 20-month safety ban.
Delta Air Lines warned on Thursday that it would lose about $2 million more than forecast each day in the fourth quarter due to slowing travel demand amid a spike in COVID-19 cases, but kept a target to halt its cash burn next spring.
Ivory Coast's cocoa farmers union will withdraw from chocolate industry sustainability programs if companies try to avoid paying a premium aimed at combating farmer poverty, it said on Thursday.
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Canadian farmers produced the smallest canola crop in five years, but the largest wheat output since 2013, Statistics Canada said in its final harvest estimate of the year.
Beer made from rice grown with less water, rye planted in the off-season and the sale of carbon credits to tech firms are just a few of the changes North American farmers are making as the food industry strives to go green.
The World Health Organization does not recommend countries issuing "immunity passports" for those who have recovered from COVID-19, but is investigating the prospects of using e-vaccination certificates, a WHO medical expert said on Thursday.
In Monserrat Casanovas' small grocery store in downtown Buenos Aires, a hand-written sign reads "sale of imported drinks suspended," highlighting the devaluation fears that are jamming up trade in the South American country.