By the end of May-2020, most airlines in the world will be bankrupt. Coordinated government and industry action is needed - now - if catastrophe is to be avoided.
Sky News has learnt that Peter Norris, the chairman of Virgin Atlantic Airways' majority shareholder, Virgin Group, will write to the prime minister on Monday to warn that the sector needs [...]
Scandinavian airline SAS AB will temporarily lay off up to 10,000 employees, or 90% of its workforce, in response to the fallout from the coronavirus and related measures from authorities that [...]
CBS: JetBlue CEO Robin Hayes says coronavirus impact on airline demand is “probably worse than” after 9/11
The coronavirus outbreak could cost airlines over $100 billion in global revenue, according to an industry group calculation. JetBlue CEO Robin Hayes compared the drop in business to [...]
American Airlines will temporarily ground most of its wide-body fleet as it cuts the vast majority of its international long-haul flying amid the rapidly growing novel coronavirus pandemic. [...]
UK airline bosses are calling for an immediate multibillion-pound emergency bailout to prevent the industry potentially being wiped out by the coronavirus pandemic.
Boeing is immediately suspending most hiring and implementing other measures to preserve cash as the rapid spread of the coronavirus roils the air travel industry, sending the manufacturer’s [...]
CHICAGO/PARIS March 12 (Reuters) – Airlines on Thursday appealed for urgent government financial support as U.S. carriers rushed to cut flights to Europe in the wake of new U.S. travel [...]
The International Air Transport Association (IATA) and its members continue to support governments in their efforts to contain the spread of COVID-19. At this time of extreme pressure on the [...]