Boeing suspends Philadelphia area operations in response to COVID-19
Facility produces H-47 Chinook and V-22 Osprey aircraft for defense customers
Ryanair to lose $325 million from oil insurance trades gone bad
Ryanair Holdings Plc predicted a 300 million-euro ($325 million) hit for the fiscal year that just ended because of wrong-way bets on fuel hedges.
Airline Industry warns of crisis bigger than 9/11 aftermath
Global air traffic demand fell 14% in February, the most since the 9/11 terrorist attacks, as airlines were “hit by a sledgehammer called COVID-19,” the…
Cathay cuts skeleton capacity even further as demand disappears
Cathay Pacific Airways Ltd. said it will cut capacity even further as travel demand has disappeared because of the coronavirus.
American Airlines gives up on most overseas flying this summer
American Airlines Group Inc. will slash international flying as far out as the end of August as the novel coronavirus batters travel demand through the…
Federal Court decision provides clear path for completing contract negotiations for Atlas Air and Southern Air Pilots
Atlas Air Worldwide Holdings, Inc. confirmed that Tuesday, the federal district court in Washington D.C. ruled that the arbitration awards issued in favor of Atlas…
British Airways furloughs 30,000 staff to cope with coronavirus
British Airways will furlough more than 30,000 employees to save cash during the coronavirus pandemic after extending jet groundings to include almost all of its…
Boeing to offer voluntary buyouts to entire staff of 161,000
Boeing Co. will offer voluntary buyouts to its entire staff of 161,000, in a bid to shed costs and adapt the massive manufacturer to a…
Southwest to become second US airline applying for relief
Southwest Airlines Co. intends to apply for federal aid, becoming the second U.S. carrier saying it will seek government assistance after being battered by a…
Boeing expected to announce voluntary buyouts to all employees
Boeing Co. is expected to announce voluntary buyouts in a message to its 161,000 employees on Thursday, according to a person familiar with the plans.
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
