Text size Joe Raedle / Getty Images Major airlines survived what was probably the worst quarter in modern aviation history. Carriers lost billions of dollars, as expected, and the issue that emerged is that their recovery stalled in July when Covid-19 cases increased and states imposed quarantine measures. Most airlines …
Read More »American Airlines and JetBlue are teaming up. Is it a fusion in the works?
Text size The two airlines plan to code share flights and integrate some of their networks. Bloomberg (2) JetBlue Airways and American Airlines Group are forming an alliance in which they plan to share flight codes and integrate some of their networks. It could be a sign of industry consolidation …
Read More »Alaska Air Gets $ 1.2 Billion in Private Funds and a Subsidiary Receives $ 30 Million from the CARES Act
Alaska Air Group Inc. ALK, + 2.21% He said Thursday that he has raised $ 1.2 billion in private funds, while a subsidiary, McGee Air Services, an independently operating ground services company, has received $ 30 million in Payroll Support Program (PSP) loans. under the Coronavirus Aid, Relief and Economic …
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