Latest Airlines News
Profit up 87% at Buffett's firm, but virus slows businesses
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...
Survivors of deadly India crash say plane swayed violently
KOCHI, India (AP) — The plane swayed violently as it approached a hilltop runway soaked by monsoon rain, and moments later the special return flight for Indians stranded abroad by the pandemic skidded off, nosedived and cracked in two, leaving 18 dead and more than 120 injured. Among the injured on Friday...
Plane skids off runway in India; 17 killed, including pilots
NEW DELHI (AP) — At least 17 people were killed and 123 injured when a special return flight for Indians stranded abroad because of the coronavirus skidded off a hilltop runway and cracked in two while landing Friday in heavy rain in the southern state of Kerala, police said. Among the injured, at least 15...
Thousands of British Airways employees face job losses
LONDON (AP) — Some 4,000 British Airways workers are learning Friday whether they will be fired as the airline slashes jobs amid the drop in demand and travel restrictions stemming from the COVID-19 pandemic. The trade union Unite accused the airline of forcing workers out due to “naked company...
New Mexico moves to restart visits at long-term care sites
SANTA FE, N.M. (AP) — New Mexico plans to gradually restore visiting opportunities with residents of some nursing homes and other long-term care facilities by arranging outdoor or open-window meetings, the governor announced Thursday. Face masks and Plexiglas dividers will still be used out of an abundance...
Abu Dhabi's Etihad Airways posts $758M in half-year losses
DUBAI, United Arab Emirates (AP) — Abu Dhabi's Etihad Airways said Thursday core operating losses amounted to $758 million for the first half of the year, driven by a nearly 40% drop in revenue due in part to the impact of the coronavirus pandemic. Etihad is one of the Middle East's top carriers, but it...
Lufhansa see revenues drop 80%, no full recovery until 2024
FRANKFURT, Germany (AP) — German airline group Lufthansa on Thursday reported a net loss of 1.49 billion euros ($1.77 billion) for the second quarter, when the pandemic essentially shut down passenger traffic, and issued a sobering forecast for demand to not reach pre-virus levels before 2024....
GOP senators support more money for airlines to pay workers
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...
Alaska Airlines says 331 Anchorage employees face job cuts
ANCHORAGE, Alaska (AP) — Alaska Airlines said 331 employees among the company's workforce in Anchorage may lose their jobs on Oct. 1. The company said the Anchorage layoffs are part of company-wide job cuts because of the economic fallout from the coronavirus pandemic, Alaska Public Media reported ...
Virgin Atlantic airline files for US bankruptcy protection
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...
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