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'Bond King' Jeff Gundlach is 'frustrated' by government bailouts of companies...
The billionaire "bond king" Jeff Gundlach is slamming government relief for public companies."I doubt I am the only person frustrated by National-Debt-financed bailouts of companies that leveraged up...
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The 10 busiest international air routes in the world in 2019 before...
Travel data firm OAG released its annual Busiest Routes report listing the top 10 busiest international routes in terms of the number of seats sold. Nine out of the 10 routes on the list were fully...
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British Airways parent company plans to cut up to 12,000 jobs from the...
The International Airlines Group announced a proposal that may see employees at flagship subsidiary British Airways reduced by up to 12,000.The group saw losses of 13% in the first quarter this year...
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Southwest says it could take more than 5 years for business travel to get...
Southwest Airlines reported its first quarterly loss since 2011 as the coronavirus pandemic continues to ravage the airline industry.The airline lost $94 million in the first quarter, but CEO Gary...
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Inside a remote Arizona aircraft boneyard storing nearly 300 planes grounded...
Pinal Air Park in Marana, Arizona is nearing capacity as it stores hundreds of grounded airliners amid the COVID-19 pandemic.Nearly 25 aircraft arrive at the aircraft boneyard each week, around five...
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Boeing said it burned through $4.3 billion in the first quarter and will cut...
Boeing burned through $4.3 billion in cash in the first quarter and lost $641 million in revenue, the company announced Wednesday.It also announced production cuts on its commercial airplane assembly...
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The 10 shortest routes global airlines flew in 2019
Travel data firm OAG compiled a list of the world's shortest airline routes for 2019, highlighting a lack of connectivity in some regions of the world that rely, in part, on aviation. All of the routes...
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American Airlines lost $2.2 billion in the first quarter as the coronavirus...
American Airlines lost $2.2 billion dollars in the first quarter as the coronavirus roils the airline industry.The airline retired a variety of aircraft types as part of its effort to lower expenses,...
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Global airlines are debuting new flight attendant uniforms including personal...
Airlines are turning to designers for stylish uniforms that integrate personal protective equipment. Philippines Airlines and AirAsia have both incorporated the uniforms on international repatriation...
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Airline analysts and executives predict it will take up to 5 years for the...
Airlines are without question among the industries hardest hit by the COVID-19 pandemic.With virtually zero travel demand during the worst of the crisis, airline executives and rank-and-file workers,...
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American Airlines, Delta, and United will soon require facial coverings on US...
Three of the largest four US airlines said Thursday they will require passengers to wear facial coverings on US flights.United Airlines, Delta Air Lines Inc, and American Airlines Group Inc, along with...
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Shifting Gears: Elon Musk's very strange week, Lyft layoffs, and why some...
You probably saw headlines about Elon Musk's earnings call tirade against the coronavirus shutdowns this week.The meltdown was both unprecedented and entirely expected from the sometimes-erratic...
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United is boarding economy passengers first and business class last on all...
United Airlines is implementing social distancing in the skies with new policies aimed at reducing the number of passengers on flights and limiting potential contact between customers. Middle seats...
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Ryanair will cancel more than 99% of its flights for at least another month...
Ryanair said it would fly less than 1% of its schedule in June, as the airline industry goes sideways in the midst of the coronavirus pandemic.It also said it would cut about 15% of its workforce,...
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Why an airline CEO thinks Hawaii is poised for a major tourism boom after the...
Sun Country Airlines CEO Jude Bricker is preparing for a return to 2019 travel levels as early as the end of 2021.Instead of focusing on international routes, the carrier will strengthen its core...
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One Wall Street analyst reveals why Southwest could be the best airline play...
Stifel upgraded Southwest Airlines to "Buy" from "Hold" this week, citing an opportunity as the airline begins to recover from the coronavirus crisis.In a report, Stifel analyst Joseph DeNardi cited...
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'Big 4' airline stocks plummet after Warren Buffett revealed that Berkshire...
The "big four" US airline stocks plummeted on Monday.Warren Buffett sold his roughly 10% stakes in American, Delta, United, and Southwest in April, he revealed during Berkshire Hathaway's annual...
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Dow sinks 200 points as US-China tensions grow, airlines plummet after...
US stocks fell Monday amid investor concern over a further escalation of the long-running conflict between the US and China. Big tech gains led the Nasdaq higher mid-day.Airline stocks plunged after...
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Here are Warren Buffett's 25 best quotes from Berkshire Hathaway's annual...
Warren Buffett talked about airlines, the coronavirus, bailouts, and other subjects during Berkshire Hathaway's annual meeting on Saturday.The famed investor and Berkshire CEO cohosted the virtual...
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Airbus is developing bomb-detecting 'electronic noses' that may one day sniff...
Airbus is partnering with Silicon Valley biotech firm Koniku to introduce bomb-sniffing sensors to airports and aircraft that may be able to detect viruses such as COVID-19 one day, the Financial Times...
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