Text size Photograph by KAMIL KRZACZYNSKI / AFP via Getty Images Bloomberg reported Thursday that defense and aerospace business giant Boeing is unplugging its iconic double-decker 747 jumbo jet. It is a decision that has taken a long time to arrive. But it is not a surprise. The move was …
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Text size Daniel Slim / AFP via Getty Images American Airlines Group and other companies are queuing for more rescue funds under the Care Act, as the industry faces an increasingly precarious situation due to an increase in coronavirus cases. Five major airlines signed a letter of intent with the …
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American Airlines AAL, -1.98% It has come under scrutiny for its decision not to block intermediate seats on flights in the name of preventing coronavirus transmission, but many other airlines have taken the same stance. The airline announced last week that starting Wednesday, July 1, it will resume booking flights …
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Text size Johannes Eisele / AFP via Getty Images Almost mid-2020, one of the many ironies of the year is that its number is associated with perfect vision. Just as no one could have foreseen the coronavirus calamity when the year began, the view into the second half remains hazy. …
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Shares of American Airlines Group Inc. sank to a seventh consecutive loss on Thursday, triggering a rebound in the broader airline sector, as continued improvement in travel demand collides with an increase in new COVID-19 cases to keep Wall Street sentiment under control. American Airlines USA Shares: AAL It plunged …
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