By the end of March the global body of the airline industry (IATA) intends to introduce a travel pass related to Covid-19 vaccinated travelers, Reuters reported.

The chief of the British airport Heathrow John Holland-Kaye asked for the involvement of UK's minister of finance Rishi Sunak in granting a relief of property tax payments, BBC reported. Similar deductions of taxes have already been enforced for sectors that suffered worst from the Covid-19 lockdown.

Uber drivers must be classified as workers rather than self-employed, UK's Supreme Court has ruled. That means tens of thousands of Uber drivers are set to be entitled to minimum wage and holiday pay, BBC reported.

Air France-KLM plunged to a 7.1 billion euro ($8.5 billion) loss in 2020 as the global pandemic grounded planes and halted travel plans worldwide causing a 67% slump in passenger numbers at the French-Dutch aviation giant.

The France-based plane-maker Airbus announced it was planning to recover to pre pandemic levels of output and profit after accumulated loss of 510 million euros in 2020. The European company managed to curb the negative impact of Covid-19 economic setback by restructuring costs and withholding dividends, Reuters elaborated.

The budget airline Ryanair announced it had lost a case in court which was aimed at the mechanism of state aid for European flag carriers amid pandemic, Reuters reported. The Luxembourg-based General Court has ruled that financial aid targeted to offset the Covid-19 negative effects did not pose a discriminatory measure and therefore was no meant to hurt Ryanair’s interests.

US approved another measure to back sectors of economy that have been affected by pandemic related slowdown, Reuters reported. A total of 14 billion dollars will be available to ailing airlines to support personnel payments. The amount comes out of the bigger relief package approved earlier by the US Congress.

The plane maker Boeing announced it had posted a record $12 billion annual loss amid Covid-19 pandemic, Reuters reported. The negative financial results have forced the company to delay the debut of the 777X jet again as pandemic resulted in a sharp drop for the largest jets as international travel restrictions prompted a slump in demand from transport and travel companies.

Boeing's crisis-ridden 737 MAX jet was on Wednesday approved from the EU Aviation Safety Agency (EASA) to return to the skies, after being grounded for nearly two years, dpa reported. Planned technical improvements to hardware and software, as well as additional pilot training were enough to meet flight safety requirements, the agency said.

The carrier United Airlines announced a mounting pandemic driven loss for the last quarter of 2020, AP reported. The loss peaked at $1.9 billion and paves for similar financial results in the first three months of 2021. Experts had expected a much smaller by volume loss.