Airlines

August 13, 2020 - 2:03 pm
DALLAS (AP) — American Airlines is planning to drop flights to up to 30 smaller U.S. cities if a federal requirement to continue those flights expires at the end of next month, an airline official familiar with the matter said Thursday. American agreed to keep serving those smaller cities as a...
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FILE - United Airlines planes are parked at Orlando International Airport, in a Tuesday, April 7, 2020 file photo, in Orlando, Fla. United Airlines said Tuesday, July 21 that it lost $1.63 billion in the second quarter as revenue plunged 87%, and it will operate at barely over one-third of capacity through September as the coronavirus throttles air travel. (Joe Burbank/Orlando Sentinel via AP, File)
August 12, 2020 - 6:21 pm
DALLAS (AP) — United Airlines said Wednesday it plans to add up to 28 daily flights to Florida this winter, but the airline is prepared to reverse course if the rate of coronavirus cases in the state remains high. United said that it will increase flights from New York, Boston and Cleveland to four...
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FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett's company has purchased another $400 million of Bank of America stock less than a week after buying roughly $800 million of the bank's stock. Berkshire Hathaway Inc. said Monday, July 27, 2020 it held 998 million Bank of America shares after the latest purchases, which represents roughly 11.5% of the bank's stock. (AP Photo/Nati Harnik, File)
August 08, 2020 - 4:30 pm
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...
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People stand by the debris of the Air India Express flight that skidded off a runway while landing in Kozhikode, Kerala state, India, Saturday, Aug. 8, 2020. The special evacuation flight bringing people home to India who had been trapped abroad because of the coronavirus skidded off the runway and split in two while landing in heavy rain killing more than a dozen people and injuring dozens more. (AP Photo/Shijith Sreedhar)
August 08, 2020 - 7:19 am
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...
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The Air India Express flight that skidded off a runway while landing at the airport in Kozhikode, Kerala state, India, Saturday, Aug. 8, 2020. The special evacuation flight bringing people home to India who had been trapped abroad because of the coronavirus skidded off the runway and split in two while landing in heavy rain killing more than a dozen people and injuring dozens more. (AP Photo/C.K.Thanseer)
August 08, 2020 - 12:51 am
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...
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A parked Lufthansa aircraft is seen through a hangar window at the airport in Frankfurt, Germany, Thursday, July 30, 2020. Lufthansa were showing the media how manufacturing has been restarted after the break imposed by the coronavirus outbreak (AP Photo/Michael Probst)
August 06, 2020 - 3:40 am
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. “...
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FILE - In this March 20, 2020 file photo, an empty baggage carousel spins in Denver International Airport as travelers deal with the spread of the coronavirus in Denver. Unions are gaining support in Congress for another $32 billion in federal aid to protect airline workers from layoffs for another six months. Still, it's too early to say how the issue will turn out. (AP Photo/David Zalubowski, File)
August 05, 2020 - 4:36 pm
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...
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FILE - In this June 16. 2011, file photo, Richard Branson, president of Virgin Atlantic Airways, attends a news conference in Miami Beach, Fla. Branson announced that Virgin was starting flights between London and Cancun, Mexico. Virgin Atlantic, the airline founded by British businessman Branson, filed Tuesday, Aug. 4, 2020, for relief from creditors as the virus pandemic hammers the airline industry. The airline made the filing in U.S. federal bankruptcy court in New York after a proceeding in the United Kingdom. (AP Photo/Wilfredo Lee, File)
August 04, 2020 - 9:16 pm
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...
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FILE - In this July 22, 2020 photo, a ticketing agent for Delta Airlines hands a boarding pass to a passenger as he checks in for a flight in the main terminal of Denver International Airport in Denver. Unions are gaining support in Congress for another $32 billion in federal aid to protect airline workers from layoffs for another six months. Still, it's too early to say how the issue will turn out. (AP Photo/David Zalubowski, File)
August 01, 2020 - 10:36 pm
With tens of thousands of airline workers facing layoffs this fall, labor groups are pushing Congress for more federal money to keep them on the payroll until next spring. The unions have gained significant support among Democrats. They hope that the prospect of mass layoffs weeks before a pivotal...
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Passengers wearing face masks to prevent the spread of coronavirus queue prior to departure to London at a British Airways check-in desk at Adolfo Suarez-Barajas international airport, outskirts Madrid, Spain, Sunday, July 26, 2020. Britain has put Spain back on its unsafe list and announced Saturday that travelers arriving in the U.K. from Spain must now quarantine for 14 days. The move by the UK taken without forewarning has caught travelers off guard. (AP Photo/Manu Fernandez)
July 31, 2020 - 5:56 am
LONDON (AP) — The parent company of British Airways reeled to a loss of 3.8 billion euros ($4.5 billion) in the first six months of the year as travel restrictions from the COVID-19 pandemic ate into the bottom line. By way of comparison, IAG reported 806 million euros in profit in the same period...
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