Business

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.

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 ...

Business

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.

Business

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 ...

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.

Business

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.

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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