A member of a ground team passes alongside American Airlines planes parked at the gate during the outbreak of coronavirus disease (COVID-19) at Ronald Reagan National Airport in Washington, April 5, 2020. Joshua Roberts | Reuters Senior executives at American Airlines backed an effort Wednesday to extend billions in federal …
Read More »Virgin Galactic, Twitter, Norwegian Cruise Line and more
Norwegian Cruise Line The Norwegian Bliss cruise ship passes the John Hopkins Inlet in Glacier Bay, Alaska on July 11, 2019. Tim Rue | Bloomberg | fake pictures Check out the companies that make headlines after the bell: Moderna – Moderna’s shares soared in extended trading after rising nearly 7% …
Read More »Coronavirus prompts American Airlines to warn 25,000 employees of possible job cuts
An airline employee passes through the empty terminals of American Airlines at Washington’s Ronald Reagan National Airport in Arlington, Virginia, on May 12, 2020. ANDREW CABALLERO-REYNOLDS American Airlines on Wednesday warned some 25,000 front-line employees, about 20% of its workforce, of possible licenses, the latest airline to prepare staff for …
Read More »The pandemic exhausts Delta’s investments in foreign airlines, at a cost of $ 2 billion
Aeroméxico planes at the Mexico City International Airport. John Gress | Corbis | fake pictures Delta Air Lines spent years accumulating equity stakes in foreign airlines from the UK to Chile to grow internationally and dominate those airlines. The coronavirus pandemic has disrupted those plans and is proving costly as …
Read More »American Airlines to Warn Pilots This Week About Possible Licenses
Pilots talk while looking at the tail of an American Airlines plane. Mike Stone | Reuters American Airlines plans to warn pilots this week of possible permits, the latest airline to prepare employees for job cuts as the coronavirus pandemic shakes up airline business. Terms of $ 25 billion in …
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