Airline loans would come with conditions under GOP Senate bill
A Senate Republican proposal responding to the fast-spreading economic devastation from the Covid-19 outbreak includes $58 billion for loans to airlines that have seen traffic…
Air New Zealand agrees to government loan to keep flying
Air New Zealand agreed a two-year loan deal with the government to protect essential routes and ensure the national airline keeps operating as the coronavirus…
Virgin Atlantic staff back unpaid leave in bid to save carrier
Nearly all ground workers at Virgin Atlantic Airways agreed to take unpaid leave or exit their jobs as the coronavirus outbreak batters the industry, according…
Apollo buys part of United Airlines loan banks wanted to shed
Apollo Global Management Inc. has bought a chunk of a loan arranged by a group of banks that will help United Airlines Holdings Inc. boost…
Among worst-hit airlines, investors bet who will fall first
Even in an industry devastated by the coronavirus crisis, Latin American airlines stand out.
Airline bailout stirs Delta feud with flight attendants union
A potential government bailout has become the latest flash point in Delta Air Lines Inc.’s longstanding battle with labor organizers trying to unionize the company’s…
Airlines are no. 1 priority for virus relief, Trump says
The airline industry “would be the number one” priority for federal assistance in the wake of drops in travel because Covid-19, President Donald Trump said…
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…
Ackman sees Boeing’s survival hinging on US government bailout
Boeing Co.’s staggering decline is spurring doubts about how the planemaker -- symbol of U.S. industrial might -- will survive the coronavirus pandemic.
Emirates mulls grounding its A380 fleet as virus spreads
Emirates, the world’s biggest long-haul airline, is looking at grounding the bulk of its 115 Airbus SE superjumbos as the coronavirus undermines global travel demand,…
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