A United Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images United Airlines posted a $1.62 billion net loss for the second quarter, driven by a plunge in air travel demand because of the coronavirus pandemic, the carrier said Tuesday. Revenue...
An airport worker guides a Delta Air Lines Airbus A319-100 plane on the tarmac at LAX in Los Angeles, California, U.S., January 6, 2020. Lucy Nicholson | REUTERS Delta Air Lines said Wednesday it expects to take a charge of as much as $3.3 billion from voluntary...
Aeromexico airplanes at the Mexico City International Airport. John Gress | Corbis | Getty Images Delta Air Lines spent years amassing equity stakes in foreign airlines from the U.K. to Chile to grow internationally and gain sway over those carriers. The coronavirus...
Not too long ago, the airline industry was preparing for a surge in passengers, with the International Air Transport Association (IATA) forecasting 8.2 billion air travelers in 2037. But in April, air travel declined 98% from last year as countries closed their...
A United Airlines plane prepares to take off at the Benito Juarez International airport in Mexico City, on March 20, 2020. Pedro Pardo | AFP | Getty Images United Airlines on Monday said it’s using its frequent flyer program to back a new $5 billion loan, as the...
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