Clik here to view.
It's easier for airlines to apply for $29 billion in bailouts from the US...
The coronavirusstimulus package offers up to $29 billion in payroll grants to airlines, helping them continue to pay workers through September, despite demand for air travel slowing to a crawl across...
View ArticleClik here to view.
The coronavirus pandemic could force airlines to turn to unprecedented...
Airlines are looking into consolidating some routes and working together, according to a new CNBC report, the latest effort to cut costs as the coronavirus wreaks havoc on the airline industry.Under...
View ArticleClik here to view.
The amazing story of how the Airbus A320 became the Boeing 737's greatest...
The Airbus A320 is the second best-selling airliner of all time behind the Boeing 737.Through the end of February, 2020, Airbus has sold 15,522 aircraft belonging to the A320-family compared to 15,156...
View ArticleClik here to view.
Warren Buffett's Berkshire Hathaway took a $5 billion hit on its airline...
Warren Buffett's Berkshire Hathaway took a $5 billion hit from airline stocks in the first quarter as the novel coronavirus hammered demand for flights.The billionaire investor's company owns more than...
View ArticleClik here to view.
Travel demand won't return to normal until mid-2021, even in the best-case...
Air travel demand will not return to pre-outbreak levels until at least mid-2021 — and that's only if the best-case scenario plays out, according to a new report from an analyst at Stifel.A worst-case...
View ArticleClik here to view.
There's never been a better time for airlines to remove the hated middle seat...
Airlines have drastically slashed flights as travelers heed government warnings to stay home to slow the spread of coronavirus.To entice them back when it's deemed safe for non-essential air travel to...
View ArticleClik here to view.
The Concorde made its final flight a little more than 16 years ago and...
British Airways operated its final commercial Concorde flight on October 24, 2003, from New York's JFK International Airport to London Heathrow. It was the last commercial passenger flight for the...
View ArticleClik here to view.
Why airlines are required to keep flying 'ghost planes' under the terms of...
Airlines continue to fly across the US despite only having a few passengers on each flight, due to the coronavirus pandemic.In the COVID-19 bailout package, the CARES Act, airlines receiving aid are...
View ArticleClik here to view.
US Transportation Department to airlines: Don't forget to refund customers if...
The US Department of Transportation (DOT) issued an enforcement notice to airlines on Friday, warning them that they must offer refunds to passengers whose flights are canceled.Some airlines have been...
View ArticleClik here to view.
Delta CEO: We're losing $60 million a day as the coronavirus pandemic rages...
Delta is burning through more than $60 million of cash each day, as it sees more than a 95% drop in demand from the same period last year.In a memo to staff, CEO Ed Bastian said that the airline had...
View ArticleClik here to view.
Delta plunges after Warren Buffett's Berkshire Hathaway slashes its stake
Delta Air Lines stock plunged on Monday after Warren Buffett's Berkshire Hathaway slashed its stake in the troubled airline.The billionaire investor's conglomerate sold 13 million Delta shares for...
View ArticleClik here to view.
American Airlines could be staring down a bankruptcy as the coronavirus...
The coronavirus pandemic is beginning to look worse for US airlines— especially American Airlines— according to a new report from JPMorgan.Revenue is only expected to recover to 75% of 2019 levels by...
View ArticleClik here to view.
The coronavirus has hobbled airlines. Here's how United Airlines is adapting...
United Airlines has been resetting its marketing and PR as it navigates through the coronavirus pandemic.The airline started back in February, pulling down a promotional campaign and cutting costs.It's...
View ArticleClik here to view.
At least 100 American Airlines flight attendants have contracted the...
At least 100 American Airlines flight attendants have tested positive for the novel coronavirus, according to their union.The diagnoses come as some of the airline's flight attendants, who spoke with...
View ArticleClik here to view.
As the coronavirus ravages airlines, Europe's ultra-cheap budget flights...
Airlines have been hit hard by the coronavirus pandemic, in many cases grounding their entire fleets, furloughing thousands of staff, and issuing dire warnings about their future.Some budget airlines...
View ArticleClik here to view.
'Look at the deal that Warren Buffett did': Mark Cuban said US officials...
Billionaire Mark Cuban called on US officials to channel one of America's best-known dealmakers ahead of potential bailout talks with Boeing this weekend."We'll use what Warren Buffett did with Bank of...
View ArticleClik here to view.
Delta, American, United, and other airlines are extending frequent-flyer...
Airlines are offering new flexibility for travel later this year, and extensions for elite frequent-flyer status, as the coronavirus outbreak throws the air travel world into chaos.American, Delta, and...
View ArticleClik here to view.
The US government is emulating Warren Buffett in its airline bailouts, and...
The US government could join Warren Buffett as a shareholder in American Airlines, United Airlines, Delta Air Lines, and Southwest Airlines.The Treasury is demanding the airlines repay 30% of the...
View ArticleClik here to view.
The FAA is telling pilots not to fly if they take the controversial malaria...
The FAA issued a new guidance barring pilots from flying if they have taken hydroxychloroquine within the past 48 hours.Hydroxychloroquine, an antimalarial medication that can also be used to treat...
View ArticleClik here to view.
Airline stocks are set to surge after the 'big 4' accepted more than $15...
Shares in the "big four" US airlines jumped in pre-market trading on Wednesday after they accepted government bailouts to avoid layoffs during the novel coronavirus pandemic.American Airlines jumped...
View Article