Democrats urge Mnuchin to avoid ‘unreasonable’ terms on airlines
House Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer urged the Treasury Department to move more quickly to help airlines to save industry jobs…
Turkish Airlines suspends all domestic flights until april 20
Turkish Airlines suspended all domestic flights until April 20, Chief Executive Officer Bilal Eksi said in a Twitter post.
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…
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