Business
American Airlines lost $1.64 billion in the first quarter, a wider loss than a year ago, but said Thursday that it expects to turn profitable in the spring as travel demand strengthens.
Apr 21, 2022
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Business
SpaceX, the rocket ship company run by Tesla CEO Elon Musk, has fired several employees involved in an open letter that blasted the colorful billionaire for his behavior, according to media reports.
Jun 17, 2022
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Business
A German cabin crew union said on Thursday it would call a fresh strike at Lufthansa "in the coming days", raising the spectre of travel chaos during the busy end-of-year holiday season.
Dec 26, 2019
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Business
American Airlines is notifying 25,000 workers that they could be furloughed beginning October 1, executives said Wednesday, the latest major carrier to warn about massive layoffs.
Jul 16, 2020
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Business
American Airlines said Tuesday it will cut more than 40,000 jobs, including 19,000 through furloughs and layoffs, in October as it struggles with a sharp downturn in travel because of the pandemic.
Aug 25, 2020
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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
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Latin America's biggest airline, the Brazilian-Chilean group LATAM, said Friday it was laying off at least 2,700 crew to cope with the devastating effects of the coronavirus pandemic on the aviation industry.
Aug 1, 2020
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Business
Air travel continued to be severely disrupted in the United States on Saturday, with bad weather in parts of the country adding to the impact of a massive spike in Covid-19 infections fuelled by the Omicron variant.
Jan 2, 2022
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Business
Several Virgin Australia planes were seized Friday in what an airport operator said was an attempt to recoup debt from the carrier, which collapsed under the strain of the coronavirus pandemic this week.
Apr 24, 2020
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Business
Southwest Airlines warned it could lay off more than 6,800 workers in 2021 in what would be carrier's first involuntary job cuts in its 50-year history.
Dec 4, 2020
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