American has been one of the great U.S. airlines for decades. Laying off 25,000 people, about the population of a small U.S. city, is a sign that it faces a set of unprecedented challenges.
Delta Airlines reported second-quarter earnings Tuesday that missed already low estimates. The company's CEO expects the effects of the COVID-19 pandemic to last for more than two years.
United Airlines may lay off as many as 36,000 employees in October. Its new CEO will waive his salary until the end of the year. But what does that mean exactly?
The Federal Aviation Administration has given a green light to flight testing of Boeing's 737 Max, following more than a year of grounding following crashes that killed 346 people.
The International Air Transport Association has proposed that countries replace mandatory quarantines for foreign travelers with a series of measures the group says will protect passengers and get...
American Airlines is the latest of the major U.S. carriers to raise capital as the industry suffers through its worst crisis ever.
The comorbidity of the instant recession and COVID-19 has caused severe damage to anything tied to tourism. The airline industry previously enjoyed extremely healthy balance sheets and full planes,...
Investors have seen recoveries in airlines, hotels and other travel-related stocks over the past 75 days or so, but the trends for the great recovery in travel and tourism may not resemble what they...
United Airlines plans to raise $5 billion in new debt using its frequent flyer rewards as collateral. By the end of September the company expects to have about $17 billion in liquidity.
The COVID-19 recession has crushed the travel industry more than many other key industries. As the economy has started to reopen for business, the predictable rise in COVID-19 cases has the public...
Boeing has released its orders for the month of May, and the number of order cancellations exceeds the number of new orders. But there was some good news.
24/7 Wall St. screened the BofA Securities airline stock universe looking for Buy-rated companies that make sense for investors now. These three are solid ideas for long-term growth investors.
American Airlines will lay off 5,000 people. The airline has been crippled by the sharp decline in travel.
Latin America's largest airline filed for bankruptcy protection late Monday. Its shares did not trade at all during Tuesday's regular session.
The U.S. Department of Transportation has allowed certain smaller airline carriers to suspend services to some cities.