June 10, 2020 8:10 pm ET
May 16, 2020 11:33 am ET -
Opinion: Better to Prepare For Airline Doomsday
The airline day of reckoning is coming if everything continues on its current path. The bailout money airlines got this spring will hold them over until September 30 on the condition that payroll is maintained. Airlines, especially JetBlue and United…
May 13, 2020 8:00 am ET -
American Finds Cash Cushion Amid Coronavirus Pandemic
American Airlines has announced that, with government aid, it has enough liquidity to survive the travel drop-off associated with the Coronavirus pandemic. American reported its Q1 results a bit over a week ago and it revealed its current liquidity status…
May 8, 2020 9:10 am ET -
IAG Signal ‘Meaningful Return’ to Service in July; Post Q1…
International Airlines Group (IAG), the parent company of British Airways, has announced a first-quarter (Q1) loss for 2020 of €535 million ($579 million). This compares with an operating profit of €135 million ($146 million) for the same period last year.…
May 7, 2020 5:00 am ET -
American Will Not Fly Its A330s Until 2022
In an internal memo to employees, American Airlines announced that it will move its Airbus A330-200 fleet into long-term storage until at least 2022 as demand for flights has plummeted, making the jet’s operation too costly on both long-haul and…
April 30, 2020 9:04 pm ET -
American, Delta Accelerate Aircraft Retirements
As airlines continue to struggle through the virtually nonexistent travel associated with the coronavirus pandemic, they are looking for as many places as possible to cut down on costs in an effort to save money. Many airlines have grounded large…