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Tag: Airlines

United Airlines loses $1.6 billion in the second quarter as pandemic saps travel demand

A United Airlines Boeing 777-200 aircraftNicolas Economou | NurPhoto | Getty ImagesUnited Airlines on Tuesday lost $1.63 billion during the second quarter, driven by a plunge in air travel demand because of the coronavirus pandemic. Revenue plunged to $1.48 billion in the three months ended June 30, an 87% drop from $11.4 billion during the same time…

United Airlines, pilots union reach creative deal to limit furloughs

A United Airlines commercial jet takes off from the tarmac as United Airlines announces regional layoffs of its staff due to the coronavirus disease (COVID-19) outbreak, in Arlington, Virginia, U.S., July 15, 2020. REUTERS/Tom Brenner(Reuters) - United Airlines (UAL.O) and its pilots’ union said on Thursday they had reached an agreement on two different packages…

American Airlines tells Boeing: No financing, no 737 Max deliveries

A file photo of American Airlines Boeing 737 Max planes.Patrick T. Fallon | Bloomberg | Getty ImagesAmerican Airlines executives have told Boeing they will not take delivery of 17 Boeing 737 Max airplanes unless the airline can secure financing to pay for the aircraft, people familiar with the discussions told CNBC. The 17 Max planes…

American Airlines flight attendant, 61, dies suddenly while working

Jayme Deerwester, USA TODAY Published 6:47 p.m. ET July 9, 2020 | Updated 6:48 p.m. ET July 9, 2020CLOSE The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus. (April 10) AP…

United Airlines bonds downgraded deeper into junk by S&P

Published: July 9, 2020 at 5:42 p.m. ET S&P Global Ratings late Thursday downgraded United Airlines Holdings Inc. UAL, -7.25% debt one notch to B+, from BB-, saying it expects the airline to generate "substantial cash flow deficit," thanks to a "steep decline" in bookings due to the COVID-19 pandemic. A return to positive cash…

United Airlines to furlough up to 36000 staff

Image copyright Getty Images United Airlines says up to 36,000 of its workers could be furloughed due to the coronavirus pandemic.That amounts to almost half of the company's total US-based frontline workforce.“Throughout this crisis, we have been honest and direct with you about our need to right-size our workforce to match travel demand,” it said.…

American Airlines Sees Solid Improvement In June Traffic

American Airlines continues to show promising growth in passenger and load factors. In June, the airline flew 4.2 million passengers compared to under one million passengers in April. Load factors were running at just 15% in April but have since bounced back to 63% in June.Photo: Tom Boon / Simple FlyingIn a message to American…

American Airlines says it’s overstaffed by 20,000 employees for fall schedule

An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020.ANDREW CABALLERO-REYNOLDSAmerican Airlines on Thursday told staff it has more than 20,000 employees it doesn't need for its reduced fall schedule as the carrier and its competitors face weak demand for air travel during…

American Airlines will fly at full capacity — only 3 U.S. airlines have blocked the middle seat on domestic flights

Published: July 2, 2020 at 12:08 a.m. ET One new safety measure: more lines open at security Travelers arrive for flights at a nearly-deserted O'Hare International Airport in Chicago, Illinois. The airport, which typically serves 8.2 million passengers a month, has significantly reduced air travel. Getty Images American Airlines AAL, -1.98% has come under scrutiny…

American Airlines warns it’s overstaffed by about 8,000 flight attendants

(Reuters) - American Airlines Group Inc (AAL.O) warns it is overstaffed by about 8,000 flight attendants and might reduce its workforce through early retirements and voluntary leaves as the carrier looks to weather a hit to business from the COVID-19 pandemic. FILE PHOTO: A member of a ground crew walks past American Airlines planes parked…

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DHS Secretary Sets the Record Straight on Fake News on Portland Riots

Chad Wolf, acting secretary of the Department of Homeland Security, hit back at a press conference in DHS headquarters in Washington, D.C. on Tuesday against media reports that the Trump administrati…

Trump Raises $20 Million in First-Ever Virtual Fundraiser

President Donald Trump raised an eye-popping $20 million on Tuesday night in his first-ever virtual fundraiser, from a total of more than 300,000 individual donors who participated. This is a great …

ACLU: Constitution Requires Illegal Aliens Count Toward Congressional Apportionment

The American Civil Liberties Union (ACLU), as well as other migration lobbying organizations, claims it is “unconstitutional” not to count illegal aliens when apportioning congressional representatio…

US House poised to vote on reversing Trump’s Muslim ban

The United States House of Representatives is set to vote on Wednesday on legislation reversing President Donald Trump's controversial ban on immigration from Muslim countries. The bill, called the …
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