Uncertain vaccine rollouts and mutant COVID-19 strains are messing up airline industry hopes for a second-half recovery this year. At best, traffic will be half that of 2019. But, at least, airlines can count on cargo shipments.
Alaska Airlines’ parent company is one of the better managed airlines in the industry. Its financial results during a pandemic year show why.
Airlines are heavily in the red and a big shrink in passenger revenue last year is to blame. The International Civil Aviation Organization quantifies the results and gives its outlook for 2021.
The jump in passenger traffic for U.S. airlines during the Thanksgiving and Christmas holidays was a mirage, not a sustainable source of revenue for overcoming the coronavirus crisis. On Thursday, […]
Delta Air Lines is bringing in new blood and hiring from within as it works through the impact of the coronavirus pandemic.
Delta’s downsizing helped it contain costs during an extremely challenging pandemic year. On Thursday, it reported a fourth-quarter loss before taxes of $2.1 billion.
Airlines shed nearly 10% of their workforce in October.
New data shows cargo continued to rebound in October thanks to strong North American market and economic fundamentals. By next year, the air cargo market will be back to 2019 levels, while the passenger sector struggles to survive.
Safety requirements established for potential shipping hazards.
Preparing for the massive global distribution of COVID vaccines for airlines is the equivalent of the military massing for an invasion. Here’s how United, American and Delta airlines are getting ready.
