A United Airlines commercial jetliner takes off from the runway when United Airlines announces regional layoffs of its personnel due to the outbreak of coronavirus disease (COVID-19), in Arlington, Virginia, USA, July 15, 2020. REUTERS / Tom Brenner (Reuters) – United Airlines (UAL.O) and its pilots union said Thursday they …
Read More »British Airways withdraws entire fleet of Boeing jumbo jets
(Reuters) – British Airways, the world’s largest Boeing 747 operator, said Thursday night that it would withdraw its entire fleet of jumbo jets with immediate effect due to the slowdown in the travel industry caused by the coronavirus pandemic. FILE PHOTO: A British Airways Boeing 747-400 taxi at San Francisco …
Read More »Virus worries and FOMO management options bet on rising tech giants
NEW YORK (Reuters) – Options investors are raising the stakes on some of this year’s biggest winners, including Amazon.com Inc (AMZN.O), Netflix Inc (NFLX.O) and Tesla Inc (TSLA.O), even as they become cautious on the general market amid a coronavirus outbreak in the United States. The Netflix, Tesla and Amazon …
Read More »Delta May Avoid Licenses After Purchase Demand, Other US Airlines Sound The Alarm
CHICAGO / WASHINGTON (Reuters) – Delta Air Lines can avoid involuntary leave in the fall after receiving interest from more than 15,000 employees for advance purchase packages, a person with knowledge of the matter said, even as other U.S. airlines are hearing alarm at jobs. FILE PHOTO: Delta Air Lines …
Read More »Southwest sounds alarm bell in ‘very bad environment’ jobs, Americans prepare license warnings
FILE PHOTO: An employee of Southwest Airlines Co. wears a protective mask while assisting a passenger at Los Angeles International Airport (LAX) in Los Angeles, California, USA, May 23, 2020. REUTERS / Patrick T. Fallon CHICAGO / WASHINGTON (Reuters) – Southwest Airlines Chief Executive Gary Kelly told employees Monday that …
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