Atlanta-based Delta Air Lines reported a nearly $5.4 billion net — after-tax —loss in the third quarter on Tuesday morning as the airline became the first major U.S. carrier to release figures for the period. This came even as the airline has continued to work to lower cash burn and operate more efficiently across its route network. The carrier's $2.6 billion adjusted pre-tax loss — a loss of $3.30 per share — came on the back of $2.6 billion in…
When SARS-CoV-2, the novel Coronavirus strain that causes COVID-19, first reached the U.S., nobody really knew how the disease, which at the time had not yet been granted pandemic status by the World Health Organization, would impact life in this country. Yet as the disease spread throughout the country throughout…
Over the course of the past few months, airlines have taken a number of different measures to do their part to curb the spread of COVID-19. Most have mandated that passengers wear masks onboard. Some have scaled back their food and beverage services, as well as cut back their amenities…
According to Businessinsider.mx, Aeroméxico transported 135,000 passengers in May, 92.4% less compared to the same month in 2019. The Mexican carrier did not escape the bad results and recently made a public statement in which it declared that during the past month the airline served 124,000 national travelers and 11,000…
Facing tremendous challenges posed by the new coronavirus, Delta is suspending flights to ten airports across the country. Delta announced on May 8 that it is cutting service to 10 U.S. secondary airports as part of a previously announced 85% overall reduction in its service schedule. Notably, Delta is halting service…
This week marks one of the first opportunities American investors and the public will have to see just how the airline industry is suffering as a result of the COVID-19 pandemic. The four largest U.S. carriers are all set to release their first-quarter earnings this week. United Airlines' numbers first…
Delta announced plans to launch twice-daily service from Hartsfield-Jackson Atlanta International Airport to Hollywood Burbank Airport in Los Angeles next summer. The Atlanta-based carrier has said the new route will better connect Atlanta’s film industry with Hollywood as Burbank is located more conveniently to major film production studios such as…
The United States government has condemned a letter from the Chinese government. The letter was sent last week to 36 airlines around the world, including American carriers, such as American Airlines and United Airlines. The letter called for the airlines to stop referring Hong Kong, Macau, and most importantly Taiwan…
