Delta sees 90% drop in Q2 revenues due to virus
Delta Air Lines said Friday it was will reduce hours for some employees as it projected a stunning 90 percent drop in second-quarter revenue due to the coronavirus outbreak.
Apr 04, 2020
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News tagged with airlines
Business
American Airlines to apply for $12 bn in govt relief
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
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US could take equity shares in coronavirus-hit airlines: officials
The US government could take equity shares in airlines and other troubled but vital American corporations as it moves to stabilize an economy amid the new coronavirus pandemic, top US officials said Sunday.
Mar 29, 2020
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Mideast airlines must tap handouts to survive virus crisis
As coronavirus grounds airlines, plunging the industry into unprecedented crisis, Middle East carriers that have been in the red for years must urgently tap assistance from governments facing their own revenue slump.
Mar 27, 2020
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Airlines headed for 'apocalypse' without aid: IATA
The coronavirus pandemic could spell "apocalypse" in the airline industry without urgent government aid, the global aviation association said Tuesday, warning that carriers could lose more than $250 billion in revenues this ...
Mar 24, 2020
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Once the pandemic is over, we will return to a very different airline industry
The airline industry will wear the scars of the coronavirus pandemic for a very long time.
Mar 20, 2020
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Wealthy flock to private jets as pandemic spreads and airlines tank
With commercial airlines engulfed by the maelstrom of the coronavirus pandemic one sector of the industry favoured by the wealthy is thriving: private jets.
Mar 19, 2020
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'Worse than 9/11': Coronavirus threatens global airline industry
Fears of massive bankruptcies and calls for emergency bailouts swept global airlines Tuesday as a top US official warned the coronavirus crisis threatens the industry even more than the September 11 attacks, which saw US ...
Mar 17, 2020
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Cathay Pacific cutting 90% of April flights due to virus
Hong Kong's Cathay Pacific Airways says it will cut its flight schedule by 90% in April after passenger traffic in February fell by more than half from a year ago amid travel curbs to fight the coronavirus.
Mar 17, 2020
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Virus-stricken airlines face bailout or bust
Airlines worldwide face an unprecedented existential threat as the coronavirus shuts down global travel, leaving governments with controversial and costly decisions about which carriers to bail out.
Mar 17, 2020
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Airline
An airline provides air transport services for passengers or freight, generally with a recognized operating certificate or license. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit.
Airlines vary from those with a single airplane carrying mail or cargo, through full-service international airlines operating hundreds of airplanes. Airline services can be categorized as being intercontinental, intra continental, domestic, or international and may be operated as scheduled services or charters.
This text uses material from Wikipedia, licensed under CC BY-SA
