United Airlines and American Airlines will move forward with furloughing thousands of employees as the CARES Act Payroll Support Program expires.
The United States and China have agreed to double the number of airline flights that each other’s airlines can operate between the countries, from four to...
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus. RETAIL:— Bed Bath & Beyond plans to close about 200 stores over the next two years as its sales slid in the first quarter. The chain reported its quarterly sales dropped 49% due to temporary store closures amid the pandemic. Online sales soared 82%.
Air travel has changed a lot in the past couple of months. Here is a look at what to expect—and what is expected of you—at the airport and during the flight.
Federal stimulus money for airlines is keeping them afloat through the coronavirus pandemic, but it’s not proving to be enough to sustain the industry at its pre-pandemic size.
United said it would have to cut its payroll in line with a 60% schedule reduction planned for April if the government didn't provide sufficient support by the end of March.
Airline stocks have been cheap throughout the entire bull market. Global travel restrictions due to the coronavirus have made them cheaper. Here’s what to watch for before buying.