Delta Air Targets 50% Cut in Daily Cash Burn by End of June
Delta Air Lines Inc. vowed to cut its daily cash burn in half by the end of June as the carrier rushes to scale back…
EU’s Next Move in Airbus-Boeing Feud Clouded by Pandemic
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Cash-Strapped Airlines Ignore India’s Order to Not Sell Tickets
India ordered airlines this week to stop selling tickets. Hardly any listened.
United Raises $1 Billion Via First U.S. Airline Share Sale
United Airlines Holdings Inc. raised $1 billion by selling new shares, stepping up efforts to increase capital to survive a collapse in travel demand.
Denied a Bailout, Virgin Australia a Warning for Other Airlines
The collapse of Virgin Australia Holdings Ltd. after the briefest of fights indicates the world’s weakest airlines have little time to secure funds before they…
Virgin Atlantic delivers 3.5 million items of PPE and medical supplies to the UK from China
In partnership with the Department of Health and Social Care and the NHS, Virgin Atlantic has so far operated five cargo-only flights from Shanghai to…
Passenger planes carry cargo to Munich
To do its part in addressing the covid-19 crisis, Lufthansa is currently operating two daily flights carrying protective equipment from China to Munich Airport with…
Emirates Plans Vacant Seats Between Passengers to Stop Virus
Emirates will have vacant seats in between individual passengers or family groups and won’t allow cabin baggage on flights as the airline seeks to contain…
Mesa Air Group to Receive Assistance from Treasury Department Under Payroll Support Program
Mesa Air Group, Inc. announced the company expects to receive $92.5 million in assistance from the Treasury Department under the Payroll Support Program as part…
America’s ‘Big Three’ Airlines Prepare for a Very Painful Fall
The world’s largest carriers are on a one-way trip from pandemic to contraction, and more than 100,000 employees could pay the fare.
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