Latest Passenger airlines News
Cathay Pacific cuts 8,500 jobs, shutters regional airline
HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways said Wednesday it would cut 8,500 jobs and shut a regional airline as it grapples with the plunge in air travel due to the pandemic. About 5,300 employees based in Hong Kong and another 600 elsewhere will likely lose their jobs, and 2,600 unfilled...
CDC: 'Strong recommendation' but no rule for masks on planes
The government’s top public health agency is raising the importance of wearing face masks on planes, trains and buses, although the Trump administration has resisted making masks mandatory for travelers. The Centers for Disease Control and Prevention issued new interim guidelines for travelers, including a...
Asian shares track Wall Street fall as virus aid hopes fade
TOKYO (AP) — Asian shares fell moderately Tuesday, tracking Wall Street's overnight decline as hopes faded Washington will come through with badly needed aid for the U.S. economy before the U.S. presidential election. Investors have been focusing on U.S. economic stimulus amid global uncertainty about the...
Pandemic air travel milestone; 1 million passengers screened
SILVER SPRING, Md. (AP) — The number of passengers screened in a single day for flights in the U.S. topped one million for the first time since COVID-19 infections began to spike last March. The notable milestone, reached Sunday, signifies both the progress made since the darkest days of pandemic for the...
Hard hit by virus, airlines push for tests over quarantines
FRANKFURT, Germany (AP) — What will it take to get people flying again? International air traffic is down 92% this year as travelers worry about catching COVID-19 and government travel bans and quarantine rules make planning difficult. One thing airlines believe could help is to have rapid virus tests of...
United loses $1.8 billion, aims to shift focus to recovery
United Airlines financial hole grew deeper over the summer as a modest recovery in air travel slowed down, pushing the carrier to a loss of $1.84 billion in the typically strong third quarter. The airline said Wednesday that revenue plummeted 78% from a year earlier. The loss was worse than analysts had expected....
Delta posts $5.4 billion 3Q loss as pandemic hammers travel
The summer travel season was even worse than expected for Delta Air Lines, which said Tuesday that it lost $5.4 billion in the third quarter as people hunkered down at home during the pandemic. Delta officials pushed back their timetable for breaking even, from year-end to next spring, as their previous...
British Airways CEO replaced as company fights for survival
LONDON (AP) — British Airways has replaced CEO Alex Cruz after 4 1/2 years on the job as part of a broad shake-up as the COVID-19 pandemic pummels airlines around the world. International Airlines Group, British Airways' parent company, on Monday named Sean Doyle, previously the boss of Aer Lingus, another...
Airline industry official defends response to pandemic
The airline industry has been shaken to its core by the pandemic, pushing some foreign carriers into bankruptcy and driving a few small U.S. ones out of business. Leaders of the large airlines were stunned when the CEO of Boeing predicted during a nationally televised interview that some of them would fail too....
Asian stocks follow Wall Street higher on stimulus hopes
BEIJING (AP) — Asian stock markets followed Wall Street higher on Friday on hopes Washington will provide more aid to the struggling U.S. economy. Benchmarks in Shanghai, Hong Kong, South Korea and Australia advanced. Tokyo was off 0.1%. Wall Street gained Thursday after President Donald Trump suggested he...
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