Virgin Australia airline seeks bankruptcy protection
Virgin Australia, the nation’s second-largest airline, announced Tuesday it had entered voluntary administration, seeking bankruptcy protection after a debt crisis… 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 »
Spirit AeroSystems expects losses as Coronavirus hits plane output
Spirit AeroSystems Holdings said on Tuesday it would swing to a first-quarter loss and warned of a bigger blow in… Read More »
Some poor performing European airlines could disappear
Many European airlines spent much of the past two decades asking governments to leave the airline industry. Now, many are… Read More »
JetBlue and Spirit seek minimum service order exemptions
JetBlue Airways and Spirit Airlines have applied for emergency exemptions to the minimum service order outlined in the US government’s… Read More »
American joins United and others in suspending more NYC flights on coronavirus spike
American Airlines said it would suspend more flights in and out of New York City’s three main airports for about… Read More »