A Republican senator just called for a 60-day national moratorium on housing...
Sen. Rick Scott of Florida called for a two-month moratorium on housing and utility payments during the coronavirus crisis."The people that need help the most are small businesses, hourly workers,...
View ArticleThe US issued its highest travel alert level for every country in the world...
On Thursday, the US State Department issued a blanket "Level 4" travel advisory— the highest warning — covering all international travel. The unprecedented move comes as countries try to contain the...
View ArticleDelta, United, and other airlines are sending their largest planes to the...
Pinal Air Park in Arizona is best known for being an aircraft boneyard where aging aircraft are stored and scrapped for parts.Iconic airliners from yesteryear including the Boeing 747 and McDonnell...
View ArticleJFK airport's air-traffic control tower closed temporarily after an FAA...
A Federal Aviation Administration technician assigned to the John F. Kennedy International Airport air-traffic control tower has tested positive for COVID-19.Air-traffic controllers moved to a...
View ArticleUnited says it could lay off more than half of its employees if it doesn't...
United Airlines said on Friday that without financial assistance from the government, it would be forced to "reduce our payroll" up to 60%, suggesting layoffs or furloughs were possible.United and...
View ArticleAirlines will be restricted from stock buybacks, issuing dividends, and...
Airlines will be prohibited from buying back stock or issuing dividends under the bailout package the House plans to propose.The draft of the bill provides $58 billion for the aviation industry,...
View ArticleUS airport and airline contractors are being laid off nationwide and risk...
Airlines are struggling to avoid laying off employees during the coronavirus crisis. However, thousands of airline and airport contract workers have already been laid off in the past week, with more...
View ArticleA software CEO who helped CIOs weather the Great Recession shares 4 steps...
The coronavirus is hammering businesses of all sizes and sending executives scrambling to map out strategies to mitigate the impact of the pandemic. CIOs have the difficult task of keeping digital...
View ArticleAirlines could completely shut down flights in the US as the coronavirus...
Passenger flights across the US could shut down completely, as the novel coronavirus leads to an even greater drop in travel demand, a new report from The Wall Street Journal says.A shutdown could be...
View ArticleAmerican Airlines axes most food and drink service as the coronavirus...
American Airlines is stripping its in-flight service to bare bones as coronavirus wreaks havoc on its business. Like most airlines, the Dallas-based carrier parked a huge chunk of its fleet thanks to...
View ArticleThe history of Silver Airways, Florida's regional carrier which says it's in...
Florida regional carrier Silver Airways is at risk of disappearing as the novel coronavirus crisis has greatly impacted operations. In a letter to federal officials, the airline's CEO stated that...
View ArticleOne of London's airports will shut down for at least a month as the...
London City Airport will shut down to both commercial and private flights through the end of April due to the coronavirus crisis, it announced on Wednesday.The airport said it has offered the use of...
View Article55 global airlines have completely stopped flying scheduled flights due to...
Airlines the world over are seeing their wings clipped by travel bans, airspace closures, and low demand for travel. European, Asian, and Middle Eastern continue to restrict air travel and make...
View ArticleAirlines would get the $60 billion bailout they asked for in the new Senate...
A bipartisan coronavirus aid package in the Senate offers $58 billion to the nation's airlines, split evenly between loans and payroll grants.The coronavirus bailout package, which aligns with requests...
View ArticleDelta, American, and other airlines are parking planes on closed runways at...
The world's airports are being converted into storage facilities for aircraft as airlines drastically reduce their operations.Frankfurt Airport, Copenhagen's Kastrup Airport, and Hartsfield-Jackson...
View ArticleShifting Gears: Who's getting what in the multitrillion-dollar coronavirus...
Happy Friday and welcome to yet another quarantine-edition of Shifting Gears, Business Insider's roundup of all the transportation news that you missed this week.There is some good news, at least. (And...
View ArticleAirline employees are safe from being laid off for now, but United warns that...
The bipartisan coronavirusaid package passed by Congress on Friday offers $58 billion to the nation's airlines, split evenly between loans and payroll grants.The payroll grants will pay airline workers...
View ArticleIncredible satellite photos show parked planes sitting on runways at airports...
The spread of COVID-19 has led demand for air travel to plummet around the world.As airlines have canceled flights and grounded planes due to the novel coronavirus, they've increasingly turned to the...
View Article25 brand new routes US airlines are adding in 2020, connecting cities that...
Over 100 new air routes are scheduled to launch in 2020 as airlines grow domestic route networks in the US.All major airlines are adding routes for the summer travel season as well as permanent...
View ArticleLeaked memo from Delta reveals plans to cut worker hours and pay, despite...
Despite the payroll grants offered to airlines in the coronavirus stimulus package, airline workers at Delta, American, United, Southwest, and others will, in practice, take home less money than they...
View Article