Virgin Australia stops all flights except essential services
Virgin Australia Holdings Ltd. furloughed 80% of its 10,000-strong workforce and said it will only keep flying for essential services as restrictions due to the…
Delta Air Lines downgraded to junk at S&P on travel drop
Delta Air Lines Inc. lost its coveted investment-grade status from one rater as S&P Global Ratings cut the company to junk.
With airplanes grounded, market tests pollution credit demand
An auction for carbon allowances on Wednesday will indicate how many permits airlines still need.
Worst-hit airlines badly need the cash that Latin America lacks
It’s hard to spot a plane these days in the skies over Latin America. Unfortunately for the region’s carriers, concrete signs of a rescue package…
Norwegian Air buys time by unlocking $27 million of state aid
Norwegian Air Shuttle ASA, the indebted low-cost carrier fighting for survival, bought itself some time as it managed to unlock the first, tiny slice of…
‘Extraordinary’ drop in US fights as virus catches up
For weeks, airline schedules in the U.S. remained near normal even as Covid-19 infections spread around the globe and international routes were trimmed.
Pelosi stimulus requires airlines receiving aid to cut emissions
Airlines would get $37 billion in grants to keep workers on the job as part of a $71 billion package to rescue carriers and airports…
President Trump says Boeing will need ‘help’ from virus impact
President Donald Trump said Monday that Boeing Co. will need government “help” amid the economic slowdown stemming from the coronavirus crisis that has hit the…
Flights down 38% for biggest airlines with virus cutting travel
Airlines have canceled thousands of flights in recent days as the impacts of Covid-19’s rapid march across the U.S. has dramatically reduced travel.
Boeing temporarily halts work at Seattle-area factories
Boeing Co. is temporarily shuttering its Seattle-area manufacturing hub for two weeks, adding to a wave of plant closings sweeping the globe and compounding difficulties…
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