Airline industry
The Latest
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American Airlines Reports Biggest Quarterly Loss Since 2008
The loss is the company's first quarterly loss since 2013 and its biggest ever incurred since 1998. 
The loss is the company's first quarterly loss since 2013 and its biggest ever incurred since 1998. -
Boeing To Cut 16,000 Jobs After Reporting First-Quarter Loss
The pandemic combined with its already low sales numbers due to the ongoing grounding of its planes has forced Boeing to further slash its workforce and scale down production. 
The pandemic combined with its already low sales numbers due to the ongoing grounding of its planes has forced Boeing to further slash its workforce and scale down production. -
US Treasury Releases Additional $9.5 Billion Aid To Airlines
The newly released funds bring the total amount released through the Treasury Department's Payroll Support Program to $12.4 billion. 
The newly released funds bring the total amount released through the Treasury Department's Payroll Support Program to $12.4 billion. -
Billionaire Richard Branson Is Looking For Buyers For Virgin Atlantic
Branson said the global airline industry is being pummeled by the coronavirus pandemic 
Branson said the global airline industry is being pummeled by the coronavirus pandemic -
Virgin Galactic Top Boss Offers His Caribbean Island As Collateral To Save Business
The tycoon said that a loan from the British government will help his airline survive the global health disaster 
The tycoon said that a loan from the British government will help his airline survive the global health disaster -
Airline Bailout Only A Temporary Fix That Likely Will Not Save The Industry
Industry experts say that the general assumptions regarding the recovery of the airline industry after the outbreak are mostly too optimistic. 
Industry experts say that the general assumptions regarding the recovery of the airline industry after the outbreak are mostly too optimistic. -
Alitalia To Re-launch With Smaller Fleet Under Government Control
Italy's industry ministry reportedly told unions that the government is planning to take over Alitalia and re-launch it with a much smaller fleet. 
Italy's industry ministry reportedly told unions that the government is planning to take over Alitalia and re-launch it with a much smaller fleet. -
Boeing Gets Trump's Support After It Sought For Billions in Government Aid
Boeing has called on the government to provide the country's aerospace industry with financial support to avoid a collapse. 
Boeing has called on the government to provide the country's aerospace industry with financial support to avoid a collapse. -
Delta Air Lines Pilots Agree To Reduced Pay And Unpaid Leaves Amid Crisis
Delta Air Lines has reached an agreement with the Air Line Pilots Association for its pilots to receive partial pay and time offs starting this month. 
Delta Air Lines has reached an agreement with the Air Line Pilots Association for its pilots to receive partial pay and time offs starting this month. -
UK Airline Firm Flybe Collapses, All Flights Grounded
The Exeter, England-based airline announced on Thursday that it will be grounding all flights, adding that trading of its shares will also be halted effective immediately. 
The Exeter, England-based airline announced on Thursday that it will be grounding all flights, adding that trading of its shares will also be halted effective immediately.
