Spirit Airlines has warned up to 30% of its employees that they will lose their jobs in October, and regional carrier ExpressJet's future is in doubt after losing a key contract as the virus pandemic continues to hammer the ...
Jul 31, 2020
0
4
Business
Global air travel is recovering more slowly than expected and it will take until 2024 to return to pre-pandemic levels, the trade association for the airline industry said Tuesday.
Jul 28, 2020
0
3
The U.S. airline industry has generally faced two obstacles in enticing more people to fly: fear and fares.
Jul 13, 2020
0
4
Business
After a brief uptick in flying interest this spring, the jump in US coronavirus cases has crushed travel demand during the normally busy summer season, the head of Delta Air Lines said Thursday, warning of job cuts ahead.
Jul 9, 2020
0
5
Business
Lufthansa shareholders on Thursday overwhelmingly backed a nine billion euro ($10 billion) bailout by the German government, saving Europe's largest airline group from bankruptcy after the coronavirus crushed travel demand.
Jun 25, 2020
0
6
Business
Demand for petrol and diesel is set to heal by the end of the year but the coronavirus crisis is likely to leave scars on the airline industry and the oil market, the International Energy Agency said on Tuesday.
Jun 16, 2020
0
0
Business
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.
May 27, 2020
0
6
Business
Latin America's largest airline LATAM filed for bankruptcy in the US on Tuesday, the company said in a statement, following a drastic slump in business caused by the coronavirus pandemic.
May 26, 2020
0
8
Business
Boeing reported another round of 737 MAX cancelations Tuesday as the company's CEO warned the industry downturn in the wake of the coronavirus pandemic could force a major airline out of business.
May 12, 2020
0
5
Business
Travelers aboard Delta Air Lines are about to have fewer options when it comes to airports in major metro areas.
May 11, 2020
0
7
