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Two top US airlines and Air Canada said on Tuesday ticket cancellations were slowing and demand was showing signs of improvement since the coronavirus pandemic brought global travel to a virtual standstill last month. Shares in Southwest Airlines and United Airlines Holdings rose on the news. Southwest, focused on the US domestic market, said it …
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United Airlines has told staff that it only has work for about 3,000 of its about 25,000 flight attendants in June, sources said, and warned of job losses if demand does not recover by the time government payroll aid expires in the fall. United is paying flight attendants until Sept. 30 thanks largely to $5 …
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Delta Air Lines, with more than 14,000 pilots on its roster, expects to have 7,000 more than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters. The memo follows Delta’s announcement earlier on Thursday that it would no longer fly …
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Ryanair passengers will have to ask permission to go to the bathroom as part of new safety measures to prevent the spread of coronavirus, according to a report. The low-budget UK carrier announced that lines onboard for the toilet have been banned and travelers will have to request access from the crew, the BBC reported. …
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General Electric said Monday it was planning to cut the global workforce of its aviation unit this year by as much as 25 percent, or up to 13,000 jobs, including both voluntary and involuntary layoffs, citing prolonged aircraft reduction schedules caused by the coronavirus pandemic. The job cuts are the latest mounting woes for the …
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Boeing said on Wednesday it would cut its 160,000-person workforce by about 10 percent, further reduce 787 Dreamliner production and try to boost liquidity as it prepares for a years-long industry recovery from the coronavirus pandemic that drove its second consecutive quarterly loss. Planemakers, airlines and suppliers have been left reeling by the pandemic, which …
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Delta Air Lines, the biggest and most profitable US airline, lost $534 million in the first quarter, a setback that will appear trivial when the full force of the pandemic is revealed in the current quarter. Delta warned Wednesday that revenue during the April through June quarter, typically a period of harried travel, will plummet …
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The European Union says its vaunted tourist industry is facing “staggering” figures of decline because of the coronavirus crisis and the bloc’s internal market commissioner wants the sector to be first in line when it comes to recovery funds. Thierry Breton mentioned figures that the tourism economy could slump up to 70 percent and will …
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United Airlines said on Monday it expects to report a pre-tax loss of about $2.1 billion for the first quarter, after the coronavirus pandemic smothered its growth aspirations in Latin America and led the company to seek another $4.5 billion in government aid. Chicago-based United said first quarter revenues are seen at $8 billion, down …
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RavnAir Group, the largest regional carrier in Alaska, filed for bankruptcy Sunday and grounded all of its 72 planes as it waits on a decision from US Treasury for government assistance. The Trump administration is weighing applications from numerous airlines as it considers how to disburse $25 billion in passenger airline grants, $4 billion for …
Two top US airlines and Air Canada said on Tuesday ticket cancellations were slowing and demand was showing signs of improvement since the coronavirus pandemic brought global travel to a virtual standstill last month. Shares in Southwest Airlines and United Airlines Holdings rose on the news. Southwest, focused on the US domestic market, said it …
