The planes are parked on runway 28 of the Pittsburgh International Airport on March 27, 2020 in Pittsburgh, Pennsylvania. Jeff Swensen | Getty Imageas American Airlines on Thursday posted a net loss of $ 2.1 billion in the second quarter, the latest airline to describe financial damage to demand for …
Read More »Southwest Airlines (LUV) Reports Second Quarter Loss, Warns of Weak Demand Due to Coronavirus
Southwest planes sit on the runway at Fort Lauderdale-Hollywood International Airport on February 20, 2019 in Fort Lauderdale, Florida. Joe Raedle | fake pictures Southwest Airlines said Thursday it lost $ 915 million in the second quarter compared to $ 741 million in net income the previous year, and warned …
Read More »NFL, players union delayed in 2020 plans, salary cap deal
(LR) Safety Erik Harris, fullback Alec Ingold and linebacker Kyle Wilber of the Las Vegas Raiders train in a park on June 17, 2020 in Las Vegas, Nevada. Ethan Miller | fake pictures The push and pull of the National Football League with its players’ union is on public display …
Read More »UBS reaches 20-year naming rights agreement for NHL’s Islanders Belmont Park
An aerial photograph showing the construction site of the future Islanders Stadium in Belmont Park on March 1, 2020. John Keating | Newsday via Getty Images The new stadium for the New York Islanders in Belmont Park finally has a name. Swiss-based investment bank UBS has secured the naming rights …
Read More »United CEO expects revenue to stabilize at 50% of 2019 levels until vaccine is available
United Airlines CEO Scott Kirby said Wednesday that he expects air fares to drop as the pandemic continues to depress demand for flights. “I guess prices will go down in the short term,” Kirby told CNBC’s “Squawk Box”. All the normal price metrics … in this pandemic are a little …
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