Arrivederci, Alitalia: Toubled Italian airline shuts down after 75 years. After 75 years of service, Alitalia is closing down. Italy's national carrier had failed to turn a profit in over 20 years, and struggled to adapt to low-cost competition. ... After 75 years of service, Alitalia is closing down.

Gotta catch 'em all! In a bid to attract customers, a Japanese airliner is inviting travellers to find hidden Pikachu monsters on board a newly decorated, Pokemon-themed Boeing 737-800. But first, ahead of a much-awaited congressional hearing, US Federal Reserve chair Jerome Powell says the US economy is continuing to show "sustained improvement" from the pandemic but that the recovery remains uneven, with unemployment still hitting low-paid workers.

The Irish budget carrier, a vocal critic of state bailouts for legacy competitiors, hailed the ruling by judges in Luxembourg. It said aid granted to TAP and KLM only succeded in "rewarding inefficiency."

Some 32,000 workers at two of America's biggest airlines are being temporarily laid off, or furloughed, after a government support programme for the sector ran out. American Airlines and United say they will rehire workers if more aid is agreed by lawmakers, but passengers remain significantly lower than before the pandemic struck. Republicans and Democrats in Washington are still discussing a new stimulus plan, which would include money for the aviation industry. Also, Tokyo's stock exchange is shut down for a whole day after a technical problem at the world's third-largest bourse.

Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday.

Across the globe, there are scenes in airports not seen since the dawn of the jet age. With global demand for air travel down 80 percent, the industry is in freefall. The International Air Transport Association predicts half of all airlines will be bankrupt by June if governments don't step in with loans and bailouts. Climate campaigners, however, believe the pause in aviation due to Covid-19 is an opportunity to build a cleaner air transport system.

Lagos state government says thirty five passengers resident in Lagos, who came with the airline that brought the italian with the coronavirus into Nigeria, are yet to be found, because they gave wrong information while filling forms, on the flight.

South African Airways (SAA) workers have been on strike for a week. While some unions have accepted SAA's offer, economists believe the state-owned airline’s crisis is only the tip of South Africa’s problems.

Gbajabiamila commends Air Peace Airlines, others

Allen Onyema, CEO of Nigerian indigenous airline, Air Peace says the government has supported local airlines through tax waivers and more but there is a need for a review of the country’s Bilateral Aviation Safety Agreements (BASA) in other to foster the growth of local players. To examine the state of Nigeria’s aviation sector at the ongoing 59th Annual General Conference of the Nigerian Bar Association, Allen Onyema joins CNBC Africa’s Christy Cole for more.

Abaribe tasks Nigerian entrepreneurs to save indigenous Airlines from extinction.

American Airlines Group Inc. said 2018 earnings may fall short of its forecast due to weaker than expected domestic fares.