airline industry – News Stories About airline industry - Page 4

Warren Buffett
Dumped All His
Airline Stocks

May 3, 2020 7:11 AM CDT

Warren Buffett Dumped All His Airline Stocks

To the tune of $4B amid pandemic fallout

(Newser) - More bad news for the airline industry: The Oracle of Omaha has jumped ship. Warren Buffett says that his Berkshire Hathaway has unloaded its airline stocks—to the tune of about $4 billion, reports CNBC . "The world has changed for the airlines," Buffett said during a much scaled-down...

Here's What the Coronavirus
Has Done to Delta

Apr 22, 2020 12:20 PM CDT

Here's What the Coronavirus Has Done to Delta

Company sees its first quarterly loss since 2014

(Newser) - After reporting quarterly profits for more than five years and annual profits for more than a decade, Delta Air Lines' balance sheet has nosedived into the red. The company has reported a $534 million loss for the first quarter of 2020. That's Delta's first loss since the final...

Thousands Take American Up on Leaves or Early Retirement

American Flight Attendants,
Pilots Take Leaves or Retire

Apr 13, 2020 6:22 PM CDT

American Flight Attendants, Pilots Take Leaves or Retire

This isn't the way anyone planned to go, union says

(Newser) - Pilots and flight attendants have accepted American Airline's offers of voluntary leave or early retirement by the thousands. With air travel evaporated during the pandemic, more than 700 pilots took early retirement and 4,800 took a leave of one to six months. All include benefits, and many partial...

Airlines Ask
US for $50B

Mar 16, 2020 5:50 PM CDT

Airlines Ask US for $50B

As pandemic slashes traffic, industry negotiates with government for cash, loans

(Newser) - "We’re going to be in a position to help the airlines very much," President Trump said Monday when asked about possible government aid in the wake of the huge drop in passenger bookings. The airlines have now put an amount on that promise: $50 billion. That's...

Before We Bail Out Airlines, Let's Talk About Their Fees

Before We Bail Out Airlines,
Let's Change the Rules

OPINION

Mar 16, 2020 9:30 AM CDT

Before We Bail Out Airlines, Let's Change the Rules

'NYT' columnist isn't shedding tears for the industry amid the coronavirus outbreak

(Newser) - Nobody is using the word "bailout" yet, but it's just a matter of time before the government acts to shore up the US airline industry in the midst of the coronavirus outbreak, writes Tim Wu in the New York Times . Not so fast, he adds. "As the...

Southwest
CEO Takes
Pay Cut

Mar 10, 2020 11:21 AM CDT

Southwest CEO Takes Pay Cut

Gary Kelly trims salary 10% as airlines cut back over coronavirus slowdown

(Newser) - The airline industry is getting slammed by the coronavirus outbreak, and airlines are responding accordingly. Southwest CEO Gary Kelly is taking a 10% pay cut, reports the Wall Street Journal , while United CEO Oscar Munoz and United President Scott Kirby are forgoing their base salaries until at least the end...

To Keep Their Gates, Airlines
Are Sending 'Ghost Flights'

Mar 6, 2020 4:22 PM CST

To Keep Their Gates, Airlines Are Sending 'Ghost Flights'

Britain wants rules relaxed during outbreak

(Newser) - Far fewer people are flying because of the coronavirus outbreak. But many of the planes they would be boarding are still taking off—even if they're empty. Rules in Europe say airlines can lose their airport slots if they don't fly 80% of their flights, Business Insider reports....

Passengers Stranded After
British Airline Collapses

Mar 5, 2020 12:55 AM CST

Passengers Stranded After British Airline Collapses

Flybe's network included half of UK's domestic flights outside of London

(Newser) - The struggling British airline Flybe has collapsed, leaving passengers stranded and told to find their own way home. The UK Civil Aviation Authority said in a statement Thursday that financially troubled Flybe had entered administration. It said, "All Flybe flights are cancelled. Please do not go to the airport...

Qantas Tests 19.5-Hour Flight

Nov 15, 2019 2:48 AM CST

Qantas Tests 19.5-Hour Flight

London-Sydney flight equaled distance record airline set in 1989

(Newser) - Australia’s national carrier Qantas on Friday successfully completed a 19.5-hour non-stop flight from London to Sydney, which was used to run a series of tests to assess the effects of ultra long-haul flights on crew fatigue and passenger jetlag. The Boeing 787-9 Dreamliner took off from London’s...

38 Southwest Jets
Lack Proper Paperwork

Nov 12, 2019 11:43 AM CST

38 Southwest Jets Lack Proper Paperwork

Airline is speeding up inspections after FAA raised issues about inspections

(Newser) - Southwest Airlines couldn't produce safety data for 38 jets, which caused the Federal Aviation Administration to consider—but ultimately delay—grounding those jets, the Wall Street Journal reveals. The airline brought 88 used foreign jets into its fleet between 2013 and 2017, and last year an FAA official uncovered...

JetBlue Gate Agent Could
Get 20 Years for Ticket Scam

Oct 23, 2019 1:33 AM CDT

JetBlue Gate Agent Could Get 20 Years for Ticket Scam

She upgraded tickets for more than 100 friends, relatives

(Newser) - A special code allowed former JetBlue gate agent Tiffany Jenkins to swap cheap plane tickets for expensive ones—and prosecutors say she did this for family and friends more than 500 times before she got caught. Jenkins, who was arrested in November last year, allegedly upgraded 505 tickets for more...

British Airways Has to
'Cancel Nearly 100%' of Flights

Sep 9, 2019 1:54 AM CDT

British Airways Has to 'Cancel Nearly 100%' of Flights

Pilots are striking for 48 hours amid pay dispute

(Newser) - British Airways says it has had to cancel almost all flights Monday and Tuesday as a result of a pilots' 48-hour strike over pay. In a statement Monday, the airline said it had "no way of predicting how many (pilots) would come to work or which aircraft they are...

Aviation Has Few Answers
for 'Clear-Air Turbulence'

Jul 12, 2019 3:50 PM CDT

Aviation Has Few Answers for 'Clear-Air Turbulence'

Some on Air Canada flight hit the ceiling

(Newser) - You can't see it coming. Clear-air turbulence, which evidently jolted an Air Canada flight Thursday over the Pacific Ocean, strikes out of the blue, with no visible signs in the sky ahead. An aircraft's radar can't spot it coming, either. When it hit the Air Canada flight,...

Delta's Suggestion:
Keep Union Dues,
Buy Booze,
Video Games

May 10, 2019 11:50 AM CDT

Delta's Suggestion: Keep Union Dues, Buy Booze, Video Games

The union isn't happy about it, calling Delta poster "insulting"

(Newser) - Delta Air Lines really doesn't want its flight attendants or ramp and cargo attendants to unionize. That seems to be the reason, at any rate, behind a Delta poster that's causing a ruckus. The poster, tweeted out Thursday by the International Association of Machinists and Aerospace Workers, shows...

Here Are the Main
US Airlines, Ranked

May 2, 2019 5:40 PM CDT

Here Are the Main US Airlines, Ranked

Alaska Airlines comes in at No. 1 overall, and it's also the safest

(Newser) - While it always feels like a win to score a cheap plane ticket, price isn't the only factor that makes an airline desirable. WalletHub looked at the nine biggest domestic airlines, plus three regional carriers, examining four categories: safety; incidents involving animals; in-flight comfort and cost; and baggage, departures,...

Delta Airlines Adjusts
Its Seats—So You Can't

Apr 13, 2019 6:00 PM CDT

Delta Airlines Adjusts Its Seats—So You Can't

(Newser) - Love leaning all the way back on flights? Then you may take exception to a new Delta Airlines move to limit seat recline on its Airbus 320 planes—but the person behind you will likely be happier, the Atlanta Journal-Constitution reports. The airline is reducing main-cabin and Comfort+ recline from...

Delta Has a New Crown

Apr 8, 2019 9:20 AM CDT

Delta Has a New Crown

Airline is top dog in US in annual survey

(Newser) - Delta Air Lines comes in first in a long-running study that ranks US airlines by how often flights arrive on time and other statistical measures. Researchers who crunch the numbers also say that as a whole, US airlines are getting better at handling baggage and overcrowded flights and are getting...

Airline to Passengers:
Sorry, We Don't Exist Anymore

Mar 28, 2019 9:35 AM CDT

Airline to Passengers: Sorry, We Don't Exist Anymore

Passengers on 2 continents stranded as WOW Air abruptly folds

(Newser) - It's not the kind of update passengers want to get from their airline: "WOW Air has ceased operation." The Icelandic budget airline did indeed cease operations on Thursday, stranding passengers across two continents, per the AP . In a statement on its website , the airline, which had earlier...

Major Airline Drops
Mandatory Makeup Rule

Mar 5, 2019 7:08 AM CST

Major Airline Drops Mandatory Makeup Rule

Virgin Atlantic attendants are also being provided with pants

(Newser) - Female cabin crew at Virgin Atlantic can now follow the same rule as their male counterparts: If they don't want to wear makeup, they don't have to. The airline says makeup is now optional, but female flight attendants are welcome to choose from the "existing palette of...

Delta: Don't Bring
Emotional Support
Animals on Long Flights

Dec 11, 2018 2:33 AM CST

Delta: Don't Bring Emotional Support Animals on Long Flights

Service puppies are also banned

(Newser) - If you're planning a flight longer than eight hours, Delta Air Lines says you can't bring an emotional-support animal with you. The rules for pups are getting tighter, too. Neither support animals nor trained service animals will be allowed on any Delta flights if they are under 4...