Tag: airlines

Industries, Others

Wizz Air reports financial loss but says it is trying to minimise travel disruption

June 8, 2022

Via: Sky News

Airlines in the UK and across Europe have been struggling to keep up with demand as travel returns to normal for many holiday destinations for the first time since the beginning of the COVID-19 pandemic and prices have shown “low […]

Energy, Industries

Oil mixed as halted flights weigh and Omicron optimism supports

December 27, 2021


U.S. oil fell on Monday after airlines cancelled thousands of flights over the Christmas holidays amid surging COVID-19 cases, though Brent crude gained support from hopes that the Omicron variant will have limited impact on global demand. More than 1,300 […]

Industries, Others

Airlines say rise in COVID-19 cases is hurting ticket sales

September 9, 2021

Via: ABC News

Several leading U.S. airlines warned Thursday that the rise in COVID-19 cases due to the delta variant is hurting their bookings and further delaying a recovery for the travel industry. American Airlines said a slowdown that started in August has […]

Industries, Others

Airlines face $157 billion in losses as COVID is expected to wipe out even more flights in the year ahead

November 24, 2020

Via: Fortune

Record airline losses from the coronavirus outbreak will balloon further next year as anticipated vaccination programs take time to revive travel demand, according to the industry’s main trade group. The International Air Transport Association on Tuesday predicted carriers will lose […]

Industries, Others

Airlines saw an immediate boost in passenger bookings following vaccine announcements

November 17, 2020

Via: Fortune

Good news on the vaccine front has had an immediate and tantalizing effect on the travel sector, suggesting many passengers are raring to get going again. On Tuesday, the U.K.-based low-cost airline EasyJet issued results that were mostly gloomy—it posted […]

Industries, Others

Virgin Airlines announces more job cuts after securing a $1.6 billion rescue deal

September 4, 2020

Via: Market Watch

U.K.-based Virgin Airlines on Friday announced it will let another 1,150 jobs go, after completing a £1.2 billion pound ($1.58 billion) rescue deal to help keep it afloat during the pandemic that has devastated the industry. Those job cuts will […]

Industries, Others

Medicine, phones and strawberries: As passengers drop 90%, desperate airlines convert to cargo to stay afloat

March 26, 2020

Via: Fortune

Unable to fill planes with passengers as the coronavirus destroys travel demand, airlines are instead using their fleets to transport more cargo, including medicines, smartphones and Korean strawberries. The likes of Cathay Pacific Airways Ltd., Korean Air Lines Co. and […]


Central banks deploy trillions to keep economy running

March 19, 2020

Via: ABC News

Airlines are warning they may need bailouts as the virus outbreak brings more countries into lockdown, while central banks are injecting trillions of dollars more into the financial system to grease the gears of the global economy. Business confidence is […]

Industries, Others

Trump’s Ban on Travel From Europe Escalates Pain for Airlines

March 12, 2020

Via: Time

President Donald Trump’s decision Wednesday to impose a 30-day ban on most Europeans entering the United States is the latest stunning setback for an airline industry that is reeling from a drop in bookings and a surge in people who […]

Industries, Others

Why Airlines Like Jet Blue, United, and Delta Are Suddenly Hiking Their Baggage Fees

September 20, 2018

Via: Fortune

You should pad your budget for your next vacation: Your air travel is likely to be a bit more expensive. Delta (DAL, +0.12%) said yesterday it has raised its baggage fees on domestic flights from $25 to $30 for the […]

Industries, Others, Uncategorized

Americans Spent an Extra $7.1 Billion in Baggage and Change Fees Last Year

September 21, 2017

Via: Fortune

Flying is already pricy, but Americans spent an extra $7.1 billion in baggage and flight change fees alone last year, according to a report from the Government Accountability Office (GAO). The report also showed that revenue from the two optional […]