Ethiopian Airlines ready to be savior to fellow African carriers
Ethiopian Airlines Group is prepared to come to the rescue of stricken carriers around Africa, even as the continent’s biggest airline deals with its own…
Tiny Cape Air paved way for JetBlue, Spirit to exit big cities
The U.S. Transportation Department on Tuesday allowed JetBlue Airways Corp. and Spirit Airlines Inc. to halt flights to several large U.S. cities through September, thanks…
Delta Air thins out cabins further, going beyond the Middle Seat
Delta Air Lines Inc. is taking social distancing beyond keeping some middle seats off limits, saying it will cap sales at 50% in first class…
ETF traders defy Buffett’s warning about airlines
Investors in exchange-traded funds are brushing off billionaire Warren Buffett’s dire warnings on the airline industry.
Virgin Atlantic to cut third of its workforce, quit Gatwick
Virgin Atlantic Airways Ltd. plans to eliminate 3,150 jobs, or about a third of the workforce, and shutter its London Gatwick hub to ride out…
Branson’s Virgin Atlantic to cut 3,150 jobs, shutter Gatwick
Virgin Atlantic Airways Ltd. will eliminate 3,150 jobs, or a third of the workforce, and shutter its London Gatwick hub to ride out the coronavirus…
United Air to slash management, office staff after aid runs out
United Airlines Holdings Inc. will cut at least 30% of its managerial and administrative jobs when government restrictions lift in October, bracing for a prolonged…
Lufthansa in talks with Airbus and Boeing on order deferrals
Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr said the airline is in talks with Airbus SE and Boeing Co. about postponing plane deliveries as…
Ryanair sues EU to topple Sweden’s $494 million airline rescue
Ryanair Holdings Plc asked European Union judges to cancel EU approval of Sweden’s 455 million-euro ($494 million) loan guarantees for airlines, the first of several…
Qantas warns of years-long recovery as it raises more funds
Qantas Airways Ltd. warned public appetite to fly overseas could take years to return as the airline borrowed yet more funds to weather aviation’s biggest-ever…
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