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Dubai’s debt load to worsen, no pre-pandemic recovery until 2023: S&P

Oct 8, 2020

Jet skis pass by residential skyscrapers on the waterside in the Dubai Marina district in Dubai, United Arab Emirates, on Monday, June 8, 2020. Christopher Pike | Bloomberg | Getty Images DUBAI, United Arab Emirates — Ratings agency S&P forecasts an 11%...

Airlines lose billions as demand ‘stalled,’ CEOs warn recovery hinges on a vaccine

Jul 24, 2020

A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images American Airlines and Southwest Airlines on Thursday posted quarterly losses and...

The market rebound has stalled at the same time the recovery in airline travelers has slowed

Jul 17, 2020

Passengers wait to disembark the plane on their arrival at Hartsfield-Jackson Atlanta International Airport in Atlanta, on April 23, 2020. Chandan Khanna | AFP | Getty Images The rally in the broader U.S. stock market has taken a breather in recent weeks, mirroring a...

China says tourism revenue plunges again amid slow recovery from coronavirus

Jun 29, 2020

A China Eastern Airlines aircraft stands on the tarmac at the Pudong International Airport in Shanghai, China, on Monday, June 8, 2020. Qilai Shen | Bloomberg via Getty Images China’s struggle against the economic overhang of the coronavirus is far from over....

Here are five charts illustrating the U.S. economic recovery amid the coronavirus pandemic

Jun 28, 2020

A passenger walks through Reagan National airport as the novel coronavirus (COVID-19) pandemic continues to keep airline travel at minimal levels and the U.S. economy contracts in the first quarter at its sharpest pace since the Great Recession, in Washington, April...
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