April 20, 2020
Via: CNBCUnited Airlines on Monday posted a $2.1 billion loss for first quarter, its biggest since 2008, as the coronavirus pandemic drove travel demand down to the lowest level in decades. The Chicago-based airline said it has applied for up to […]
April 17, 2020
Via: Hospitality NetThe coronavirus pandemic has brought air travel to a screeching halt around the globe. Government restrictions and stay-at-home orders have stopped passengers from crossing borders or even leaving their homes, sapping demand for flight bookings. In the wake of these […]
March 25, 2020
Via: CNBCLawmakers are moving ahead with more than $30 billion in cash aid for airlines, according to people briefed on the matter and a draft of the bill, clearing a hurdle for a Senate vote on a massive stimulus bill aimed […]
February 27, 2020
Via: CNBCThe rapid spread of the new coronavirus is testing airlines and other travel companies with a risk that had been nearly unthinkable over the past decade: a broad decline in travel demand. Air-travel demand had been growing at twice the […]
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