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Aircraft parked at Chicago O'Hare (Photo: AirlineGeeks | Greg Linton)

Recap: Doug Parker and Oscar Munoz Speak at Talks at GS

Goldman Sachs often invites executives from various industries for talks. This has been going for quite some time now, so the roster is quite large. The talks are more informal and have more of a talk show vibe than any sort of news interview, but they still reveal some interesting nuggets from the participants. Over the past two weeks, the talks brought two well-known aviation industry heavyweights to discuss everything from their heritage to their outlook on the industry. First,…

American Airlines Halts Routes After CARES Expiration

American Airlines has announced drastic service cuts for the month of November. Bookings for the month are sitting at around a quarter of where they were last year, and American — along with the other two legacy carriers in the U.S. — has been forced to drop unprofitable routes. The…

American Airlines and Pilot Union Reach Furlough Agreement

American Airlines and their pilot union, Allied Pilots Association, have reached an agreement to reduce the number of redundancies this fall. According to the Chicago Tribune, the two sides have reached an agreement allowing some pilots to alternate months of flying till May, or take leave while still receiving training.…

Secondary Airports Threatened By ‘Minimum Service’ Rule In CARES Act

As the COVID-19 pandemic continues to create havoc for air traffic around the world, airport companies are quickly adjusting to adapt to this new situation with significantly fewer passengers closing down terminals, consolidating traffic to their main facilities and, in some extreme cases, closing down secondary airports in metro areas…