A close look at U.S. airline financials
Few industries have suffered more in 2020 than airline stocks. The COVID-19 coronavirus outbreak has slammed the brakes on air… Read More »
What happens to your voucher, travel miles and credit card if the airlines goes bankrupt?
The financial horizon looks uncertain for the airline industry, several are on the brink of running out of cash, loaded… Read More »
Bomb threat against China Airlines flight closes Anchorage airport
The Anchorage airport, Alaska’s largest, temporarily shut on Saturday to inbound traffic because of a bomb threat against a China… Read More »
American Airlines requests service exemptions from U.S. DoT
American Airlines has become the latest carrier to request exemptions to minimum service rules under the CARES Act. The legislation… Read More »
America’s airlines prepare for a very painful fall
The world’s largest carriers are on a one-way trip from pandemic to contraction, and more than 100,000 employees could pay… Read More »
US airlines have to pay price of ‘loyalty’
The US Treasury Department is in talks with some airlines about accepting their loyalty programs as collateral against government loans… Read More »
US government reaches agreement with 10 airlines on federal aid
The US Treasury Department reached an agreement in principle with 10 large US airlines, ensuring their participation in the $25… Read More »
US airlines tentatively agree $25 billion federal aid package
Treasury Secretary Steven Mnuchin said Tuesday that the nation’s major airlines have tentatively agreed to terms for $25 billion (Dh92… Read More »