Latest Air travel News

FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett's company has purchased another $400 million of Bank of America stock less than a week after buying roughly $800 million of the bank's stock. Berkshire Hathaway Inc. said Monday, July 27, 2020 it held 998 million Bank of America shares after the latest purchases, which represents roughly 11.5% of the bank's stock. (AP Photo/Nati Harnik, File)

Profit up 87% at Buffett's firm, but virus slows businesses

Aug. 8, 2020 4:31 PM EDT

OMAHA, Neb. (AP) — Warren Buffett's company reported an 87% jump in its second-quarter profit as the paper value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write down on the value of its aircraft parts manufacturing business because of the economic impact...

FILE - In this March 20, 2020 file photo, an empty baggage carousel spins in Denver International Airport as travelers deal with the spread of the coronavirus in Denver.  Unions are gaining support in Congress for another $32 billion in federal aid to protect airline workers from layoffs for another six months. Still, it's too early to say how the issue will turn out. (AP Photo/David Zalubowski, File)

GOP senators support more money for airlines to pay workers

Aug. 5, 2020 4:36 PM EDT

A group of 16 Republican senators has endorsed giving more money to airlines to avoid layoffs right before the November election, giving a boost to a lobbying effort by airlines and their unions. The GOP senators did not specify an amount on Wednesday, but a proposal by several airline unions would give the...

FILE - In this June 16. 2011, file photo, Richard Branson, president of Virgin Atlantic Airways, attends a news conference in Miami Beach, Fla. Branson announced that Virgin was starting flights between London and Cancun, Mexico. Virgin Atlantic, the airline founded by British businessman Branson, filed Tuesday, Aug. 4, 2020, for relief from creditors as the virus pandemic hammers the airline industry. The airline made the filing in U.S. federal bankruptcy court in New York after a proceeding in the United Kingdom. (AP Photo/Wilfredo Lee, File)

Virgin Atlantic airline files for US bankruptcy protection

Aug. 5, 2020 1:06 AM EDT

NEW YORK (AP) — Virgin Atlantic, the airline founded by British businessman Richard Branson, filed Tuesday for protection in U.S. bankruptcy court as it tries to survive the virus pandemic that is hammering the airline industry. The airline made the Chapter 15 filing in U.S. federal bankruptcy court in New...

FILE - In this March 25, 2020, file photo, American Airlines jets sit idly at their gates as a jet arrives at Sky Harbor International Airport in Phoenix. American Airlines is telling 25,000 workers that they could lose their jobs in October because of the sharp drop in air travel during the virus pandemic. The airline said Wednesday, July 15, it was starting new offers of buyouts and partially paid leave, which it hopes will reduce the number of furloughs. (AP Photo/Matt York, File)

American, pilots agree on steps aimed at reducing job cuts

Aug. 4, 2020 7:23 PM EDT

American Airlines has reached a deal with its pilots’ union designed to reduce the number of job losses in October as the airline shrinks because fewer people are flying during the pandemic. American had previously offered early retirement to pilots and other employees. But, Senior Vice President Kimball...

FILE - In this July 22, 2020 photo, a ticketing agent for Delta Airlines hands a boarding pass to a passenger as he checks in for a flight in the main terminal of Denver International Airport in Denver.  Unions are gaining support in Congress for another $32 billion in federal aid to protect airline workers from layoffs for another six months. Still, it's too early to say how the issue will turn out. (AP Photo/David Zalubowski, File)

Airlines, unions pin hopes for more payroll cash on politics

Aug. 1, 2020 10:37 PM EDT

With tens of thousands of airline workers facing layoffs this fall, labor groups are pushing Congress for more federal money to keep them on the payroll until next spring. The unions have gained significant support among Democrats. They hope that the prospect of mass layoffs weeks before a pivotal election will...

Spirit Airlines warns of layoffs, ExpressJet's fate in doubt

Jul. 31, 2020 1:04 PM EDT

Spirit Airlines has warned up to 30% of its employees that they will lose their jobs in October, and regional carrier ExpressJet's future is in doubt after losing a key contract as the virus pandemic continues to hammer the airline industry. Spirit is the latest airline to deliver layoff warnings to employees,...

FILE - In this file photo dated Thursday, July 9, 2020, the logo of Airbus group is displayed in Toulouse, south of France.  European plane maker Airbus said Thursday July 30, 2020, its deliveries halved during the first six months of the year as travel collapsed during the coronavirus pandemic, with revenue sliding almost 40% to 18.9 billion euros. (AP Photo/Manuel Blondeau, FILE)

Airbus plane deliveries halved as airlines scrounge for cash

Jul. 30, 2020 3:36 AM EDT

PARIS (AP) — European plane maker Airbus saw its deliveries halve during the first six months of the year as travel collapsed during the pandemic and airlines scrounged for cash. The company, based in France, said Thursday that its deliveries fell almost 50% to 196, with revenue sliding almost 40% to 18.9...

Snohomish County Airport to resume passenger service

Jul. 29, 2020 3:46 PM EDT

EVERETT, Wash. (AP) — Commercial flights at a county airport in Washington state are set to resume Saturday with a limited schedule after workers spent more than two months replacing pavement at the airport. Paine Field, also known as Snohomish County Airport, will offer one daily flight on United Airlines...

FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle.  Boeing says it lost $2.40 billion in the second quarter, and it's taking a more downbeat view about the airplane market because of the coronavirus outbreak. Boeing said Wednesday, July 29, 2020, it now expects the airline industry will take longer to recover from the pandemic, and that will limit aircraft sales. (AP Photo/Ted S. Warren, File)

Troubles abound, Boeing losses bloom to $2.4 billion in 2Q

Jul. 29, 2020 1:45 PM EDT

Boeing lost $2.4 billion in the second quarter and the company will slow production and cut more jobs as demand for commercial aircraft shrinks during the coronavirus pandemic. The loss was far worse than Wall Street expected; so was the decline in revenue, which fell 25%. “The reality is the...

Passengers watch aircraft on the tarmac as they wait for their flight at the King Abdulaziz International Airport in Jiddah, Saudi Arabia, Tuesday, July 28, 2020. Few flights are scheduled for international departures only but the authorities have eased domestic travel restrictions since June. (AP Photo/Amr Nabil)

Air travel not expected to recover until 2024

Jul. 28, 2020 2:20 PM EDT

FRANKFURT, Germany (AP) — Global air travel is recovering more slowly than expected and it will take until 2024 to return to pre-pandemic levels, the trade association for the airline industry said Tuesday. The International Air Transport Association pushed back its prediction by one year due to the slow...