Latest Airlines News

Workers wearing masks walk by the New York Stock Exchange during the coronavirus pandemic, Thursday, July 9, 2020, in New York. (AP Photo/Mark Lennihan)

Most of Wall Street wilts amid worries on virus, economy

Jul. 9, 2020 4:43 PM EDT

NEW YORK (AP) — Most of Wall Street wilted Thursday on worries that the economy’s recent improvements may be set to fade as coronavirus cases keep climbing. The S&P 500 lost 0.6%, with three in four stocks within the index falling. The sharpest drops hit oil companies, airlines and other stocks...

Rows of United Airlines check-in counters at O'Hare International Airport in Chicago are unoccupied on June 25, 2020, amid the coronavirus pandemic. United is sending layoff warnings to 36,000 employees, nearly half its U.S. staff, the airline announced Wednesday, July 8. (AP Photo/Teresa Crawford)

United Airlines warns 36,000 workers they could be laid off

Jul. 8, 2020 8:20 PM EDT

United Airlines is warning 36,000 employees — nearly half its U.S. staff — they could be furloughed in October, the clearest signal yet of how deeply the virus pandemic is hurting the airline industry. The outlook for a recovery in the airline industry has dimmed in just the past two weeks, as...

Emiratis wearing face masks due to the coronavirus pandemic work on the floor of the Dubai Financial Market in Dubai, United Arab Emirates, Tuesday, July 7, 2020. Dubai reopened its Dubai Financial Market stock exchange Tuesday after closing its floor due to the coronavirus pandemic. (AP Photo/Jon Gambrell)

Correction: Virus Outbreak-Business Fallout story

Jul. 8, 2020 7:11 PM EDT

In a story July 7, 2020, about business-related fallout from the coronavirus pandemic, The Associated Press erroneously reported Regeneron Pharmaceuticals is working on a COVID-19 vaccine candidate. The drug, REGN-COV2, is a double antibody combination being studied for potential treatment and prevention of the...

Editorial Roundup: New York

Jul. 8, 2020 5:24 PM EDT

Recent editorials of statewide and national interest from New York’s newspapers: President Trump Has Tools to Pressure China. Will He Use Them? New York Times July 1 Much of the focus on China in recent months has been over the coronavirus that originated there late last year. But that has hardly slowed...

FILE - In this March 7, 2011 file photo, a Pakistan International Airlines passenger jet is parked on the tarmac at a military base in Makassar, Indonesia. The spokesman of Pakistan’s national carrier said Wednesday, July 8, 2020, that the airline is firing 28 pilots found to have tainted licenses, the latest chapter in a scandal that emerged in the wake of the Airbus A320 crash in Karachi in May. An inquiry into the crash, which killed 97 people on board, resulted in the stunning revelation that 260 of 860 pilots in Pakistan had cheated on their pilots exams, but were still given licences by the Civil Aviation Authority. (AP Photo, File)

Pakistani carrier fires 28 pilots over fake licenses scandal

Jul. 8, 2020 6:00 AM EDT

ISLAMABAD (AP) — Pakistan's national carrier is firing 28 pilots found to have tainted licenses, the company's spokesman said Wednesday, the latest chapter in a scandal that emerged in the wake of the Airbus A320 crash in Karachi in May. An inquiry into the May 22 crash that killed 97 people on board...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, July 8, 2020. Asian shares were mostly lower Wednesday as uncertainty over the pandemic sapped the buying enthusiasm that has been driving prices higher. (AP Photo/Ahn Young-joon)

Asian shares mixed as pandemic saps buying momentum

Jul. 7, 2020 11:37 PM EDT

TOKYO (AP) — Shares were mixed in Asia on Wednesday as uncertainty over the pandemic sapped the buying enthusiasm that has been driving prices higher. The selling followed a deeper pullback on Wall Street and in France, Germany and elsewhere after the European Union’s executive arm said this...

13 Hawaiian Airlines employees test positive for coronavirus

Jul. 7, 2020 9:19 AM EDT

HONOLULU (AP) — Hawaiian Airlines Inc. says 13 of its employees have tested positive for the coronavirus following an annual training course. The employees who tested positive for COVID-19 took part in flight attendant training at the airline's Honolulu headquarters about two weeks ago, the company said....

Company that flew Kobe Bryant's helicopter gets federal help

Jul. 6, 2020 6:46 PM EDT

The operator of the helicopter that crashed, killing former NBA star Kobe Bryant and eight others, received between $150,000 and $350,000 from taxpayers under a program to help small businesses hurt by the virus pandemic. Island Express Helicopters Inc. of Long Beach, California, was approved for the funds to...

Air France workers gather during a protest in front of the company headquarters in Tremblay-en-France, outside Paris Friday, July 3, 2020. Air France is meeting with personnel representatives Friday to discuss thousands of job cuts after the virus pandemic grounded most flights and darkened prospects for future air travel. (AP Photo/Christophe Ena)

Virus-hammered Air France announces 7,500 job cuts

Jul. 3, 2020 5:40 PM EDT

PARIS (AP) — Air France and regional subsidiary Hop announced 7,500 job cuts Friday after the virus pandemic grounded most flights and darkened prospects for future air travel. Activists from multiple unions protested at Air France headquarters at Paris’ Charles de Gaulle Airport as talks began...

A police officer gives instructions to people to observe social distancing, as people walk outside a court in Istanbul, Friday, July 3, 2020, where the trial began for defendants accused of smuggling former Nissan Motor Co. chairman Carlos Ghosn out of Japan. A private airline official, four pilots and two flights attendants are on trial in Istanbul, accused of smuggling former Nissan Motor Co. chairman Carlos Ghosn out of Japan to Lebanon, via Turkey. Turkish prosecutors are seeking up to eight years in prison each for the four pilots and the airline official on charges of illegally smuggling a migrant, for helping Ghosn escape to Lebanon while he awaited trial in Japan. (AP Photo/Mehmet Guzel)

Turkey: pilots on trial over Ghosn escape released from jail

Jul. 3, 2020 1:00 PM EDT

ISTANBUL (AP) — A Turkish court on Friday released four pilots and a private airline official from jail, pending the outcome of their trial on charges of smuggling former Nissan Motor Co. chairman Carlos Ghosn out of Japan to Lebanon, via Turkey. The court, however, barred the five from leaving Turkey and...