Delta to park half of fleet on $2 billion March sales drop
Delta Air Lines Inc. will park more than 600 planes, or about half its fleet, as it cuts flying capacity 70% amid collapsing travel demand…
GE cuts 10% of aviation jobs in sign of virus’s deepening impact
General Electric Co.’s aviation division will cut 10% of its U.S. workforce as the coronavirus outbreak saps demand for air travel and upends the global…
United Airlines continues draw down of international schedule
United continues to aggressively manage the impact of the coronavirus (COVID-19) outbreak on our employees, our customers and our business.
Airbus builds $32 billion buffer to contain coronavirus fallout
Airbus SE extended credit lines and clamped down on cash outlays to give it access to 30 billion euros ($32 billion), taking steps to protect…
Airlines carnage worsens with Emirates, Singapore Air cuts
The crisis engulfing the aviation industry deepened after some of the world’s biggest international carriers announced drastic measures to cope with the coronavirus outbreak, with…
Air France, Airbus lining up for government-backed bailouts
Air France-KLM and Airbus SE are poised to tap French government-backed loans as the coronavirus outbreak drains corporate cash reserves, according to people familiar with…
Virus spurs American Air’s first cargo-only flights in 36 years
American Airlines Group Inc. is shifting some of its biggest idled jets to ferry just cargo -- the carrier’s first flights without passengers in nearly…
Boeing faces once-unthinkable cuts, factory outbreak, Haley uproar
As it pleads for help in Washington, Boeing Co. is mapping out a series of drastic steps it may have to take to conserve cash…
Norwegian Air state aid falls short as bonds hit record low
Norwegian Air Shuttle ASA secured government funding worth up to $270 million under certain conditions, keeping it alive for now while the coronavirus still threatens…
Boeing weighs deep cuts with $60 billion bailout bid pending
As it pleads for help in Washington, Boeing Co. is mapping out a series of drastic steps it may have to take to conserve cash…
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