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
Tag: billion
Delta expects to write off up to $3.3 billion on buyouts, early retirements
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
Pandemic sours Delta’s investments in foreign airlines, costing $2 billion
Aeromexico airplanes at the Mexico City International Airport. John Gress | Corbis | Getty Images Delta Air Lines spent years amassing equity stakes in foreign airlines
Airlines may lose $84 billion in 2020, but IATA offers roadmap for recovery
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
United taps frequent flyer program to back $5 billion loan, sees cash burn easing
A United Airlines plane prepares to take off at the Benito Juarez International airport in Mexico City, on March 20, 2020. Pedro Pardo | AFP
This $100 billion dollar industry shut down by coronavirus is about to reopen
An Orange County Convention Center employee replaces a sanitizer station ahead of the center’s reopening in July 2020. Source: Orange County Convention Center Today it
Air-France KLM to receive up to $12 billion in state aid
The Air France-KLM group’s new logo is pictured during the group’s 2018 financial year presentation in Paris on February 20, 2019. ERIC PIERMONT Air France-KLM
Airbnb raises another $1 billion in debt
Airbnb CEO Brian Chesky at The New York Times Dealbook event on November 6, 2019. Credit: Mike Cohen/ The New York Times A week after
Coronavirus aid bill moves ahead with $32 billion in airline worker protections
Digital signs in the baggage claim area at McCarran International Airport display guidelines from the Centers for Disease Control and Prevention on protection from the
Lawmakers near deal on $25 billion in grants for airlines
People walk through a sparse international departure terminal at John F. Kennedy Airport (JFK) as concern over the coronavirus grows on March 7, 2020 in
