Stories tagged: airlines
UPDATED: Wed., July 8, 2020
United Airlines will send layoff warnings to 36,000 employees –nearly half its U.S. staff – in the clearest signal yet of how deeply the virus outbreak is hurting the airline …
UPDATED: Tue., July 7, 2020
Banks and companies that rely on consumer spending led stocks broadly lower on Wall Street on Tuesday, as the market gave back some of the big gains it made the …
UPDATED: Wed., July 8, 2020
Nearly four months into COVID-19, it’s becoming clear how big a hole the pandemic created in the airline experience. And the next three to four months could be just as …
UPDATED: Fri., July 3, 2020
Air France and regional subsidiary Hop announced 7,500 job cuts Friday after the virus pandemic grounded most flights and darkened prospects for future air travel.
UPDATED: Thu., July 2, 2020
Alaska Airlines has secured nearly $1.2 billion in private loans to further secure its financial stability. The debt financing will be funded on or around Thursday.
UPDATED: Tue., June 30, 2020
Wall Street capped its best quarter since 1998 Tuesday with more gains, a fitting end to a stunning three months for investors as the market screamed back toward its record …
UPDATED: Wed., June 24, 2020
U.S. safety officials will require all Boeing 737 Max airliners to be inspected for a manufacturing defect on engine coverings that they say could lead to loss of power during …
UPDATED: Wed., June 3, 2020
The Trump administration moved Wednesday to block Chinese airlines from flying to the U.S. in an escalation of trade and travel tensions between the two countries.
UPDATED: Sun., May 31, 2020
Last year, supermodel Naomi Campbell made headlines when she shared a video of herself very thoroughly sanitizing her Qatar Airlines seat. There were disinfecting wipes involved, plastic gloves and a …
Tue., May 26, 2020
Europe’s aviation safety agency called on airlines and airports Tuesday to participate in a program to help evaluate new coronavirus guidelines in real-life situations.
UPDATED: Mon., May 4, 2020
U.S. airline stocks plummeted Monday after Warren Buffett dumped his stakes in the four biggest carriers, saying the industry’s prospects had been upended by the coronavirus pandemic.
Thu., April 30, 2020
American Airlines lost $2.24 billion in the first quarter as the coronavirus pandemic triggered a sharp drop in air travel, and the airline is taking steps to survive but as …
UPDATED: Tue., April 28, 2020
As the COVID-19 pandemic decimates demand for air travel, U.S. carriers have taken several unprecedented steps to increase onboard safety. The latest: urging passengers to wear face masks.
Mon., April 27, 2020
Boeing CEO Dave Calhoun told shareholders Monday the staggering business downturn due to the coronavirus pandemic is likely to impact the company through 2023 and beyond.
UPDATED: Wed., April 22, 2020
The biggest and most profitable U.S. airline just posted its first quarterly loss in more than five years. Now things are going to get really bad.
UPDATED: Tue., April 14, 2020
The nation’s biggest airlines have tentatively agreed to terms for $25 billion in government aid to pay workers and avoid massive layoffs in an industry that has been slammed by …
Mon., April 13, 2020
The Treasury Department has missed a deadline to start paying airlines to keep workers employed, and the two sides were still negotiating terms of the federal help Monday.
Thu., April 9, 2020
The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading …
UPDATED: Tue., March 31, 2020
The Treasury Department wants airlines to say how they will compensate the government for $25 billion in grants used to keep employees on the payroll during the coronavirus outbreak.
Mon., March 16, 2020
U.S. airlines are asking the federal government for grants, loans and tax relief that could easily top $50 billion to help them recover from a sharp downturn in travel because …
UPDATED: Tue., March 10, 2020
Airlines are slashing flights and freezing hiring as they experience a sharp drop in bookings and a rise in cancellations in the face of the spreading coronavirus.
UPDATED: Thu., March 5, 2020
The International Air Transport Association says the virus outbreak that began in China could cost airlines as much as $113 billion in lost revenue due to the collapse of air …
UPDATED: Wed., Jan. 29, 2020
British Airways halted all flights to China and American Airlines suspended Los Angeles flights to and from Shanghai and Beijing as efforts to contain a new and deadly virus intensifies.
UPDATED: Thu., Jan. 23, 2020
The three big U.S. airlines that own Boeing 737 Max jets don’t expect the grounded plane back in their fleets before the end of the peak summer travel season, and …
UPDATED: Wed., Jan. 22, 2020
The U.S. Transportation Department on Wednesday announced plans to tighten rules around service animals. The biggest change would be that only dogs would qualify.
Tue., Dec. 10, 2019
Airlines are looking forward to another big Christmas and New Year’s season, with 3% more people flying in the U.S. than during last year’s holiday stretch.
UPDATED: Thu., Oct. 24, 2019
The grounding of the Boeing 737 Max has lasted far longer and, as Southwest Airlines and American Airlines can attest, been more expensive than airlines ever expected.
UPDATED: Tue., Aug. 20, 2019
Airlines expect record crowds over the week-long Labor Day period, continuing a rise in travel that has boosted the airlines’ profits all year.
UPDATED: Mon., Aug. 12, 2019
Hong Kong authorities scrapped all flights after the airport was swamped by pro-democracy protesters, in a fresh escalation that risks tarnishing the city’s business-friendly image.
Fri., Aug. 9, 2019
A month after a flight attendant was bitten by an emotional support animal, the U.S. Department of Transportation told the airline industry Thursday that carriers can’t bar certain dog breeds …