Qatar Airways’ revenue sinks, plans to keep flying
Qatar Airways, which is continuing to operate a third of its normal schedule, has taken a “huge hit” from the coronavirus.
U.S. Airline Bailout Offers Loans and Cash-for-Equity Aid
Struggling U.S. airlines will be eligible to receive federal loans and, if they are willing to give the government an option for an ownership stake,…
Desperate airlines swap passengers for cargo to stay afloat
Unable to fill planes with passengers as the coronavirus destroys travel demand, airlines are instead using their fleets to transport more cargo, including medicines, smartphones…
Boeing, suppliers near $60 billion US lifeline for aerospace
Boeing Co. and its suppliers are closing in on a federal rescue that would provide at least $60 billion to help ride out the coronavirus…
Airlines seen spurning US loans now with other funds handy
U.S. airlines probably will avoid applying for some $25 billion in loans under a federal aid package designed to help them survive the collapse in…
Winners and losers in Congress’s $2 trillion virus rescue plan
Days of negotiations between the Trump administration and Congress -- and fierce lobbying by industries eager for assistance dealing with the coronavirus outbreak -- has…
Desperate airlines switch passengers for cargo to stay alive
Unable to fill planes with passengers as the coronavirus destroys travel demand, airlines are instead using their fleets to transport more cargo, including medicines, smartphones…
With airlines grounded, a pollution permit auction fails
Airlines pulled back from bidding in the European Union’s auction for permits covering greenhouse gas pollution, another indication that demand for energy is dropping rapidly.
US airline bailout to give loans and cash-for-equity aid
Struggling U.S. airlines will be eligible to receive federal loans and, if they are willing to give the government an option for an ownership stake,…
First passenger aircraft full of air cargo lands in Frankfurt
Loaded with around 30 tons of freight, a Lufthansa passenger aircraft landed in Frankfurt today at 2:14 pm after a flight time of 11 hours…
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