Analysis: U.S. Airlines Drop Change Fees
United Airlines announced over the weekend that it will permanently drop change fees on domestic flights in a move most likely intended to win over passengers while demand stays low amid the coronavirus pandemic. A day later, on Monday, American…
Ukraine International Airlines Cuts Flights As Government Extends Entry Ban
Following a Ukrainian government decision restricting foreign visitors entering Ukraine until Sept. 28, Ukraine International Airlines will cancel flights to nine destinations and reduce frequencies on six routes. The Ukrainian state’s policy enforces a temporary ban on the entry of foreigners…
American Airlines Cuts 19,000 Jobs
American Airlines announced Tuesday morning that it will cut 19,000 jobs on Oct. 1 when federal subsidies from the CARES Act run out. Per the money it received, the airline was not allowed to involuntarily cut any staff through Sept.…
Ryanair Reports Second Quarter Losses
Ryanair Holdings PLC reported a loss of €185 million for the second quarter of 2020, the first quarter of its fiscal year, on Monday. This is a stark contrast from the same period last year, when the carrier made €243million,…