Latest Oscar Munoz News

FILE - In this Wednesday, March 25, 2020 file photo, American Airlines jets sit idly at their gates as a jet arrives at Sky Harbor International Airport in Phoenix. The Trump administration is raising the possibility of the U.S. government getting ownership stakes in U.S. airlines in exchange for $25 billion in direct grants to help the carriers survive a downturn caused by the coronavirus pandemic, according to people familiar with the matter, Thursday, March 26, 2020. (AP Photo/Matt York, File)

National bills coming due, with risk; consumers see it, too

Mar. 27, 2020 8:55 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus. ____ UNDER REVIEW: This week, the U.S. reported that a staggering 3.3 million Americans applied for...

A Delta Airlines jetliner waits for a Southwest jetliner to taxi pst on the way to a runway for take off from Denver International Airport as travelers deal with the spread of coronavirus Friday, March 20, 2020, in Denver. According to the World Health Organization, most people recover in about two to six weeks depending on the severity of the COVID-19 illness. (AP Photo/David Zalubowski)

United Airlines warns of massive layoffs without federal aid

Mar. 20, 2020 7:39 PM EDT

Leaders of United Airlines and its labor unions are raising the threat of massive layoffs if Washington doesn’t provide “sufficient” help to the airline industry by the end of this month. The airline’s CEO, Oscar Munoz, its president and four union officials said Friday that without...

FILE - In this April 13, 2018 file photo, a Delta Air Lines plane takes off above a taxiing Alaska Airlines airplane at the Seattle-Tacoma International Airport in Seattle.  U.S. airlines are asking the federal government for grants, loans and tax relief that could easily top $50 billion to help them recover from a sharp downturn in travel due to the new coronavirus.
Airlines for America, the trade group representing the carriers, posted its request for financial help on Monday, March 16, 2020 just as more airlines around the world were announcing ever-deeper cuts in service and, in some cases, layoffs. (AP Photo/Ted S. Warren, File)

Hit by virus, US airlines seek aid far exceeding post-9/11

Mar. 16, 2020 9:19 PM EDT

With each day that the coronavirus outbreak spreads and claims more lives, the damage to global airlines rises too. U.S. carriers on Monday put a price tag on their pain: They asked the federal government for more than $50 billion in rescue aid. It is a staggering request for an industry that has chalked up tens...

A costumer waits to enter a supermarket in Caracas, Venezuela, after Venezuelan President Nicolás Maduro today has ordered residents in the capital of Caracas and six states to stay home under a quarantine bid to control the spread of the coronavirus on Sunday, March, 15, 2020. (AP Photo/Ariana Cubillos)

The Latest: Peace Corps evacuating volunteers, suspends ops

Mar. 16, 2020 12:57 AM EDT

The Latest on the coronavirus pandemic, which has infected more than 169,000 people and killed more than 6,500. The COVID-19 illness causes mild or moderate symptoms but most people, but severe symptoms are more common in the elderly or people with other health conditions. Nearly 77,000 people have recovered...

FILE - This June 25, 2019, file photo shows the entrance to a Walmart in Pittsburgh. Walmart, the nation’s largest retailer and private employer, said late Saturday, March 14, 2020, it is limiting store hours to ensure they can keep sought-after items such as hand sanitizer in stock amid the coronavirus pandemic. (AP Photo/Gene J. Puskar, File)

Business Fallout: Walmart limits hours, airlines cut flying

Mar. 15, 2020 11:03 PM EDT

WASHINGTON (AP) — United Airlines will slash 50% of its flying capacity in April and May and warns the cuts could extend into the peak summer travel season as the impact of the new coronavirus on airlines grows more dire. Bookings are plummeting and cancellations soaring as the virus continues to spread...

FILE- In this May 24, 2018, file photo a Delta Air Lines passenger jet plane, a Boeing 737-900 model, approaches Logan Airport in Boston.  Airlines are seeing a sharp drop in bookings and a rise in cancellations in recent days as the coronavirus outbreak continues to spread, and they are responding by slashing flights and freezing hiring.   Normally airlines try to lure reluctant customers by discounting fares, but that won't work in the face of the COVID-19 outbreak. (AP Photo/Charles Krupa, File)

Airlines slash flights, freeze hiring as virus cuts travel

Mar. 10, 2020 6:46 PM EDT

Airlines are slashing flights, freezing hiring and parking planes to cope with a stunning drop in bookings and a rise in cancellations caused by fear over the new virus outbreak. Southwest Airlines CEO Gary Kelly says the outbreak might be worse for airlines than the terror attacks of 2001. An industry trade...

The Latest: Australia bans travel from S Korea over virus

Mar. 4, 2020 10:19 PM EST

BANGKOK (AP) — The Latest on the virus outbreak (all times local): 10:20 a.m. Australia has banned travel from South Korea and will more thoroughly screen travellers from Italy in a bid to curb the spread of the new coronavirus. The travel ban from late Thursday follows similar bans on travel from China...

President Donald Trump with, from left, United Airlines CEO Oscar Munos, Vice President Mike Pence, Trump, White House coronavirus response coordinator Dr. Deborah Birx, American Airlines CEO Doug Parker, Southwest CEO Gary Kelly, speaks during a coronavirus briefing with Airline CEOs in at the Roosevelt Room of the White House, Wednesday, March 4, 2020, in Washington. (AP Photo/Manuel Balce Ceneta)

United is first to cut US flying due to virus outbreak

Mar. 4, 2020 5:17 PM EST

United Airlines will reduce flights, freeze hiring and ask employees to volunteer for unpaid leave as the airline struggles with weak demand for travel because of the new virus outbreak. United said Wednesday that starting in April it will reduce passenger-carrying capacity 20% on international routes and 10% in...