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 »
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 »
FAA approves seatless airliners for freight
The FAA has issued guidance to airlines who want to take the seats out of idle aircraft and fill them… Read More »
Branson says Virgin Atlantic will need UK government help to survive
Virgin Atlantic will only survive the coronavirus outbreak if it gets financial support from the British government, the airline’s founder… 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 »
Virgin Atlantic told to resubmit proposal for bailout package
Virgin Atlantic has been told to resubmit its proposal for a 500 million pound ($625.35 million) coronavirus bailout package after… Read More »
United cuts May flights by 90% and tells employees to brace for job cuts
United Airlines Holdings said that it has cut its flight schedule by 90% in May and expects similar cuts for… 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 »