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American Airlines' CEO said ticket sales are starting to tick upwards again,...
American Airlines CEO Doug Parker said on Wednesday that the past week had seen a slight uptick in bookings for more than 90 days away, a possible glimmer of hope as the airline industry continues to...
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Emirates is giving passengers rapid coronavirus tests before flights that...
Emirates and the Dubai Health Authority tested passengers on a flight to Tunisia for COVID-19.Results of the blood test, administered near check-in, were available in 10 minutes.The tests are not...
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United expects to fly fewer people during all of May than it did in a single...
United Airlines' CEO and president said they expected fewer passengers throughout all of this May than the airline carried in a single day in May 2019, due to the coronavirus pandemic.The airline had...
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Shifting Gears: It's bikes' time to shine
Hello and Happy Friday.It's me again, with your weekly roundup of transportation news from the week.Planes still aren't flying (for the most part), cruises aren't cruising, and most of the...
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'They're not calling Warren': Berkshire Hathaway's Charlie Munger says...
Warren Buffett's Berkshire Hathaway spent billions on corporate bailouts during the financial crisis, but it isn't fielding many calls for help this time around."Everybody's just frozen," Charlie...
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Warren Buffett's financial crisis bailouts inspired the US government's 'big...
Warren Buffett's financial-crisis bailouts inspired a key element of the US government's rescue deals with the "big four" airlines this week.The famed investor handed billions to the likes of Goldman...
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United lost $2.1 billion in the first quarter because of coronavirus, and...
United Airlines said on Monday that it had lost $2.1 billion in the first quarter due to the coronavirus pandemic.The airline took in $8 billion of revenue, a 17% drop over the same quarter in 2019....
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'Warren Buffett created the template': Mark Cuban said US officials should...
US officials crafting coronavirus-relief deals should base them on Warren Buffett's bailouts during the financial crisis, Mark Cuban said on the "Recode Decode" podcast this week."Look, Warren Buffett...
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Many of the world's airlines could be bankrupt by May because of the COVID-19...
The aviation consultant CAPA warned that "most" of the world's airlines could be bankrupt by the end of May, due to the ongoing coronavirus pandemic.Although President Donald Trump signed a $58 billion...
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Coronavirus demolished air travel around the globe. These 14 charts show how...
Demand for air travel has plummeted globally as the coronavirus pandemic continues to spread.Airlines are still operating at a reduced capacity, but they've grounded large portions of their fleets....
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This startup wants to fly you from Manhattan to Boston in 36 minutes for less...
Aerospace startup Transcend Air is aiming to offer airline-style service between the downtown areas of major cities using vertical take-off and land aircraft.Once in operation, the company is promising...
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Delta's CEO said he would support an 'immunity passport' program or other...
Delta Air Lines CEO Ed Bastian said the carrier would explore a wide range of options to reassure passengers and help jumpstart air travel as the coronavirus pandemic begins to subside.Bastian said...
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American Airlines just raised its checked bag fees, even though hardly anyone...
American Airlines this week raised its checked bag fees for basic economy passengers flying across the Atlantic Ocean.Those passengers will now pay $75 each way for a checked bag, up from $60.The...
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Airline executives don't need a bailout — but thousands of flight attendants...
Sara Nelson is the president of the Association of Flight Attendants, the largest flight attendant union in the United States.Last week, venture capitalist Chamath Palihapitiya argued on CNBC that...
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The 10 longest routes flown by airlines in 2019
OAG has unveiled the top 10 longest flight routes for 2019 as part of its Busiest Routes 2020 report.Flights touching the US or Asia-Pacific countries make up the entirety of the list, with United...
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Passengers on a packed American Airlines flight to New York didn't wear...
A woman was shocked to board a packed American Airlines flight and find that half the passengers were not wearing masks.Many flights are mostly empty because of the coronavirus pandemic, but the flight...
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Shifting Gears: Airlines are losing money. Lots of it.
Airlines aren't used to losing money.For years, the core group of US airlines raked in hundreds of millions of dollars in pure profit, which they spent freely on stock buybacks and service expansions....
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Trump suggests the US could buy plane tickets and fuel in advance as a way to...
President Trump said on Friday that the government could purchase large amounts of fuel and prepurchase plane tickets for government use in an effort to help struggling oil companies and airlines.The...
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Warren Buffett may have ditched airline stocks and spent $20 billion on stock...
Warren Buffett may have sold his airline stakes and spent more than $20 billion on stock buybacks last quarter, Chris Bloomstran, head of Semper Augustus Investments, told Business Insider.The...
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A stark photo of a packed American Airlines flight reveals that airlines are...
The number of travelers passing through TSA checkpoints has increased steadily for five days, reaching its highest point since April 3.The increase is small compared to normal passenger levels, but...
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