Latest Airlines News

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 23, 2020. Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their second and final debate before the Nov. 3 election. (AP Photo/Ahn Young-joon)

Asian shares, US futures gain after last Trump-Biden debate

Oct. 23, 2020 1:50 AM EDT

Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their second and final debate before the Nov. 3 election. Stocks rose in Tokyo, Hong Kong and Seoul but fell in Shanghai. Sydney's benchmark ended flat. In their debate late...

A Southwest Airlines Boeing 737-7H4 takes off, Tuesday, Oct. 20, 2020, from Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla.  Airlines are continuing to pile up billions of dollars in losses as the pandemic causes a massive drop in air travel. Southwest Airlines on Thursday, Oct. 22, lost $1.16 billion in the normally strong third quarter, which includes most of the summer vacation season.(AP Photo/Wilfredo Lee)

US airlines still piling up losses but say demand is rising

Oct. 22, 2020 4:08 PM EDT

DALLAS (AP) — Airlines are piling up billions of dollars in additional losses as the pandemic chokes off air travel, but a recent uptick in passengers, however modest, has provided some hope. American Airlines on Thursday reported a loss of $2.4 billion and Southwest Airlines lost $1.16 billion in the...

Retired British Airways Boeing 747-400 parked at Cotsworld Airport in Kemble, England, Sunday, Oct. 11, 2020. The retirement of the Jumbo Jet fleet was brought forward as a result of the impact the COVID-19 pandemic had on the airline and the aviation sector. (AP Photo/Frank Augstein)

British Airways parent company slashes passenger forecast

Oct. 22, 2020 5:44 AM EDT

LONDON (AP) — The parent company of British Airways has cut its fourth-quarter passenger forecast to just 30% of last year’s level as government restrictions imposed to control a new wave of coronavirus infections reduces demand for flights. International Airlines Group made the announcement...

FILE - In this March 6, 2020, file photo, Cathay Pacific Airways aircrafts line up on the tarmac at the Hong Kong International Airport. Hong Kong airline Cathay Pacific Airways on Wednesday, Oct. 21, 2020, said it would cut 8,500 jobs and shut down its regional airline unit in a corporate restructuring, as it grapples with the plunge in air travel due to the pandemic. (AP Photo/Kin Cheung)

Cathay Pacific cuts 8,500 jobs, shutters regional airline

Oct. 21, 2020 3:47 AM EDT

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...

FILE- In this Oct. 15, 2020, file photo, passenger Cari Driggs, right, from Provo, Utah, waits to board a United Airlines flight to Hawaii for vacation at San Francisco International Airport in San Francisco. The CDC is strongly recommending that passengers on planes, trains and buses wear masks, but it's still stopping short of requiring face coverings to prevent spreading COVID-19. All leading U.S. airlines require passengers other than small children to wear masks during flights, but enforcement can be spotty. The Federal Aviation Administration has declined to require masks. (AP Photo/Jeff Chiu, File)

CDC: 'Strong recommendation' but no rule for masks on planes

Oct. 20, 2020 1:31 PM EDT

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...

People stand near a bank's electronic board showing the Hong Kong share index Tuesday, Oct. 20, 2020. Asian shares fell moderately Tuesday, echoing Wall Street's decline as hopes faded Washington will come through with badly needed aid for the economy before the U.S. presidential election.   (AP Photo/Vincent Yu)

Asian shares track Wall Street fall as virus aid hopes fade

Oct. 19, 2020 11:55 PM EDT

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...

FILE - In this June 10, 2020 file photo, Transportation Security Administration agents process passengers at the south security checkpoint at Denver International Airport in Denver, as travelers deal with the effects of the new coronavirus. TSA, the government agency that oversees air travel, said the number of passengers screened for flights topped one million in a day on Sunday, Oct. 18 for the first time since the coronavirus pandemic outbreak last March.  (AP Photo/David Zalubowski, File)

Pandemic air travel milestone; 1 million passengers screened

Oct. 19, 2020 11:44 AM EDT

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...

FILE - In this Tuesday, March 24, 2020 file photo, a woman wears a mask as she walks through a quieter than usual Heathrow Airport Terminal 5, in London. 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 all passengers before departure. (AP Photo/Kirsty Wigglesworth, File)

Hard hit by virus, airlines push for tests over quarantines

Oct. 18, 2020 8:16 AM EDT

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...

FILE - In this Friday, Oct. 9, 2020 file photo, a waiter wearing a face mask to prevent the spread of coronavirus sweeps the terrace of a bar in downtown Madrid, Spain. Europe’s economy was just catching its breath from what had been the sharpest recession in modern history. A resurgence in coronavirus cases in October 2020 risks undoing that and will likely turn what was meant to be a period of healing for the economy into a lean winter of job losses and bankruptcies. (AP Photo/Manu Fernandez, File)

Dark déjà vu for European economy as virus cases spike

Oct. 17, 2020 3:06 AM EDT

LONDON (AP) — Europe’s economy was just catching its breath from what had been the sharpest recession in modern history. A resurgence in coronavirus cases this month is a bitter blow that will likely turn what was meant to be a period of healing for the economy into a lean winter of job losses and...

A man stands near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Oct. 16, 2020. Asian shares were mixed on Friday as investors weighed concerns about the U.S. presidential election and an economic stimulus package, on top of fears of flaring outbreaks of coronavirus. (AP Photo/Eugene Hoshiko)

Asian shares mixed amid 2nd wave coronavirus, election fears

Oct. 15, 2020 11:33 PM EDT

TOKYO (AP) — Asian shares were mixed on Friday as investors weighed concerns about the U.S. presidential election and an economic stimulus package, on top of fears of flaring outbreaks of coronavirus. Investors are also looking ahead to the release of data on the Chinese economy next week. Shares rose in...