Business
Boeing said Thursday it does not plan to seek US government support now after receiving strong interest from the bond market for a $25 billion public offering.
May 1, 2020
0
4
Business
American Airlines lost $2.24 billion in the first quarter as the coronavirus pandemic triggered a sharp drop in air travel, and the airline is taking steps to survive but as a smaller carrier.
Apr 30, 2020
0
5
Business
World air traffic suffered a massive drop of more than half in March compared with the same period last year thanks to coronavirus-related travel restrictions, the airline industry's trade body said Wednesday.
Apr 29, 2020
0
5
Business
The global aviation industry warned Tuesday of a severe cargo capacity shortage as airlines around the world slash jobs and suffer plunges in profits due to the coronavirus crisis.
Apr 28, 2020
0
4
Business
Boeing's head said Monday that restoring the dividend could take three to five years as the company girds for a slow air travel recovery in the wake of the coronavirus crisis.
Apr 27, 2020
0
3
Business
The biggest and most profitable U.S. airline just posted its first quarterly loss in more than five years. Now things are going to get really bad.
Apr 22, 2020
0
0
Business
Delta Air Lines will need to "resize" the company in the wake of the coronavirus crisis, executives said Wednesday, as they sketched out a picture of airline industry recovery that is expected to be slow and choppy.
Apr 22, 2020
0
4
Business
Norwegian Air said Monday four of its subsidiaries in Denmark and Sweden have filed for bankruptcy, affecting some 4,700 pilots and crew, as a result of the coronavirus pandemic.
Apr 20, 2020
0
4
Business
South Korea's flag carrier Korean Air will put 70 percent of its 19,000 staff on furlough, it said, as it scrambles to cope with the coronavirus pandemic that has brought global aviation to a standstill.
Apr 8, 2020
0
0
Business
American Airlines became the first US carrier to announce it will request federal aid under the just-approved relief package, saying it will apply for $12 billion as it attempts to survive a global downturn sparked by the ...
Mar 31, 2020
0
0
