Airplanes

Government, Business

Airlines Pledge Aircraft, Loyalty Programs in Bid to Tap Funding

Passengers walk past thermal imaging cameras at LAX on July 7. Passengers walk past thermal imaging cameras at LAX on July 7. (Patrick T. Fallon/Bloomberg News)

Global airlines are pledging their brands, loyalty programs and aircraft as collateral to secure more funds in the debt markets as the coronavirus pandemic continues to batter the sector.

Jacqueline Poh | Bloomberg News
July 27, 2020
Business

Southwest Air Says 28% of Workers Applied to Take Leave or Exit

A Southwest Airlines check-in area at a nearly empty terminal in LAX. A Southwest Airlines check-in area at a nearly empty terminal in LAX. (Patrick T. Fallon/Bloomberg News)

Southwest Airlines Co. said 28% of its workforce has agreed to leave the company permanently or temporarily, boosting the carrier’s effort to preserve cash.

Justin Bachman | Bloomberg News
July 20, 2020
Government, Business

Global Air Passenger Slump to Last Until 2023, Moody’s Says

Many of the seats aboard a United Airlines flight sit empty on May 11. Many of the seats aboard a United Airlines flight sit empty on May 11. (Justin Sullivan/Getty Images)

Global airline passenger demand won’t recover to pre-coronavirus pandemic levels until the end of 2023, and only then if effective vaccines and medicines are available, according to Moody’s Investors Service.

Harry Suhartono | Bloomberg News
July 17, 2020
Government, Business

Extension of Airline Payroll Aid Sought by Unions, Lawmakers

Delta Air Lines are seen at Dulles International Airport on June 1. Delta Air Lines planes are seen at Dulles International Airport on June 1. (mpi34/MediaPunch/IPX via AP)

A bipartisan group of House lawmakers along with airline unions are calling for an extension of federal aid to prevent an expected wave of layoffs starting in October.

July 15, 2020
Business

Southwest Says Flyer Numbers Need to Triple to Avoid Layoffs

A Southwest Airlines check-in area at a nearly empty terminal in LAX. A Southwest Airlines check-in area at a nearly empty terminal in LAX. (Patrick T. Fallon/Bloomberg News)

Southwest Airlines Co. needs passenger numbers to triple by year-end if it’s going to avoid the carrier’s first ever involuntary job cuts, its chief executive officer said, even as rising coronavirus infections prompt some states to restrict travel.

Mary Schlangenstein | Bloomberg News
July 13, 2020
Government, Business

United Air Says 36,000 US Jobs at Risk Once Aid Ends

United Airlines planes stand past an empty waiting area for travelers at Newark International Airport on June 9. United Airlines planes stand past an empty waiting area for travelers at Newark International Airport on June 9. (Angus Mordant/Bloomberg News)

United Airlines Holdings Inc. notified 36,000 employees, or 45% of its U.S. workforce, that their jobs are at risk after federal payroll aid expires at the end of September.

Justin Bachman | Bloomberg News
July 8, 2020
Government, Business, Safety

American Air to Book Jets to Capacity, Shelve Social Distancing

Passengers sit on an American Airlines flight departing from Los Angeles International Airport on June 13. Passengers sit on an American Airlines flight departing from Los Angeles International Airport on June 13. (Patrick T. Fallon/Bloomberg News)

American Airlines Group Inc. said it would sell flights to capacity starting July 1, abandoning caps on passenger loads that were designed to promote social distancing amid the coronavirus pandemic.

Mary Schlangenstein | Bloomberg News
June 26, 2020
Government, Business, Safety, Logistics

American Air Pilots Want US to Buy Seats for Distancing

Passengers wear protective masks on an American Airlines flight departing from Los Angeles on June 13. Passengers wear protective masks on an American Airlines flight departing from Los Angeles on June 13. (Patrick T. Fallon/Bloomberg News)

American Airlines Group Inc.’s pilots are calling on the U.S. government to pay for enough jetliner seats to enable social distancing during the coronavirus pandemic.

Mary Schlangenstein | Bloomberg News
June 24, 2020
Government, Business

US Rejects Additional Flights Sought by Chinese Airlines

A passenger wearing a protective mask walks through the O'Hare International Airport in Chicago on June 13. A passenger wearing a protective mask walks through the O'Hare International Airport in Chicago on June 13. (Patrick T. Fallon/Bloomberg News)

U.S. officials rejected additional flights proposed by Chinese airlines but said they would reconsider if the Beijing government adjusts its policies affecting American passenger carriers.

Ryan Beene | Bloomberg News
June 22, 2020
Business, Logistics

American Airlines to Put 141 Planes Back in Service to Boost Flights

An American Airlines plane departs Reagan National Airport in Virginia on April 6. An American Airlines plane departs Reagan National Airport in Virginia on April 6. (Andrew Harrer/Bloomberg News)

American Airlines Group Inc. will take 141 aircraft from storage to support an increase in July service as travelers return to the skies faster than expected amid the coronavirus pandemic.

Mary Schlangenstein | Bloomberg News
June 9, 2020

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