Tag Archives: airline

Airline Industry Crisis Deepens As Coronavirus Pain Spreads

Airline Industry Crisis Deepens As Coronavirus Pain Spreads

Germany’s Lufthansa has parked 700 of its 763 aircraft. BERLIN/SYDNEY: The crisis for airlines deepened on Thursday as Lufthansa warned the industry might not survive without state aid if the coronavirus pandemic lasts a long time, and Qantas Airways told most of its 30,000 staff to take leave. The United …

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Airline stocks crushed after Trump bans Europe travel over coronavirus

Airline stocks crushed after Trump bans Europe travel over coronavirus

The move will deepen the crisis facing airlines, which have been forced by the coronavirus outbreak to cancel huge numbers of flights and make dramatic changes to their operations. The industry was already facing hundreds of billions of dollars in lost sales. Trump said the restrictions, which apply to the …

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Trump administration clashes with airline officials over coronavirus

33 states now have coronavirus as a cruise ship linked to dozens of cases will soon dock in the US

In a series of contentious conversations, agency officials and aviation executives have clashed over the administration’s demand that airlines collect new kinds of data from passengers to help officials track potential virus carriers. Airlines say they can’t meet that demand right away — a claim some administration officials say they …

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Coronavirus: US airline CEOs meet with Trump to discuss outbreak

Coronavirus: US airline CEOs meet with Trump to discuss outbreak

President Donald Trump met with US airline CEOs on Wednesday to discuss the coronavirus outbreak. They discussed what airlines are doing to protect passengers, as well as how the airlines are weathering the significant impact to their businesses as demand for travel continues to plummet. Trump said the executives did …

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A shipping titan, a global airline, and Apple’s main iPhone supplier just sounded the alarm on coronavirus

A shipping titan, a global airline, and Apple's main iPhone supplier just sounded the alarm on coronavirus

AP Moller-Maersk, Air France-KLM, and Foxconn issued dire warnings about Wuhan coronavirus on Thursday. Shipping giant Maersk said the epidemic has „significantly lowered visibility“ and anticipates a 4% drop in profits this year. Global airline Air-France KLM expects the outbreak to slash its operating profits by up to $216 million …

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