airlines

Delta Air Lines, the biggest and most profitable US airline, lost $534 million in the first quarter, a setback that will appear trivial when the full force of the pandemic is revealed in the current quarter. Delta warned Wednesday that revenue during the April through June quarter, typically a period of harried travel, will plummet …

United Airlines said on Monday it expects to report a pre-tax loss of about $2.1 billion for the first quarter, after the coronavirus pandemic smothered its growth aspirations in Latin America and led the company to seek another $4.5 billion in government aid. Chicago-based United said first quarter revenues are seen at $8 billion, down …

US airlines are estimated to be sitting on more than $10 billion in travel vouchers that should have been cash refunds from canceled flights, a group of senators released on Friday. Many US airlines are canceling 60 percent to 80 percent of their flights, and under federal law passengers on those flights are entitled to …

United Airlines Holdings Inc said on Wednesday that it has cut its flight schedule by 90% in May and expects similar cuts for June as a result of the coronavirus pandemic, and warned that travel demand that is now “essentially at zero shows no sign of improving in the near term,” making job cuts likely. …

Major airlines and the Treasury Department have reached terms for a $25 billion coronavirus bailout to prevent layoffs after a severe plunge in demand. The funds, approved last month by Congress as part of a more than $2 trillion stimulus bill, will be distributed to companies that agree not to furlough workers before Oct. 1. …

Thousands of Delta Air Lines employees have volunteered for unpaid time off as the carrier tries to save money during the coronavirus crisis. Some 35,000 workers have signed up for unpaid leaves of absence that the Atlanta-based carrier started offering last month, CEO Ed Bastian said in a Thursday memo. That amounts to more than …

RavnAir Group, the largest regional carrier in Alaska, filed for bankruptcy Sunday and grounded all of its 72 planes as it waits on a decision from US Treasury for government assistance. The Trump administration is weighing applications from numerous airlines as it considers how to disburse $25 billion in passenger airline grants, $4 billion for …

Airlines are drastically cutting service to and from the New York City area as the feds urge travelers to avoid the nation’s largest coronavirus hotspot. American Airlines plans to operate just 13 flights a day out of JFK, LaGuardia and Newark Liberty airports from this week to May 6 — down 95 percent from a …

The US Transportation Department on Friday issued a notice to airlines reminding them they are obligated to refund tickets when they cancel a flight or make a significant flight schedule change that passengers opt not to accept, but will not take any immediate action against airlines. US and foreign airlines have canceled hundreds of thousands …

Filip Palmgren had wanted to work on planes since he was a child. Now, after just two years as a flight attendant, the 21-year-old has lost his job because of the coronavirus crisis and will be soon heading to work in a hospital instead to help save patients. He is part of a first group …