Articles tagged “covid-19”

As an airline that is 80 percent owned by the Latvian government, perhaps Air Baltic wasn't the most nimble carrier. But that government support will be vital over the next 18 months.

Crisis or not, the U.S. government made it clear that airlines owe refunds to a lot of customers. Airlines don't want to see cash go out the door, so look for more carriers to take creative approaches to try to buy passengers off and keep them from asking for their money back.

United Airlines is in great peril, losing $100 million in revenue per day. But its CEO-in-waiting is already thinking about how the airline can emerge stronger from this crisis. Let's see if he can pull it off.

The surprise here is not how many international flights American Airlines is cutting this summer. It is how many the airline intends to operate. American is only cutting 60 percent of its international flights this summer, compared to 2019. That seems optimistic.

In a typical liquidity crisis, credit card processors might institute holdbacks on airlines, so they wouldn't receive fare revenue until after a consumer flies. But this is no ordinary crisis.

Lots of travel brands are eligible to earn U.S. government money through the so-called CARES Act. But firms will need to move fast to get their share. Here's how it could all shake out.

Aviation has never faced a crisis as severe as the current one. Unfortunately, it may be a long time before the industry recovers.

People are being told to stay in their homes in many areas of the United States. Schools are closed. Is it the right time to be flying?

At first, U.S. airlines tried to keep prices steady for summer travel and beyond. But now that's going away. Most airlines are offering cheap fares on many routes through the end of their schedules.

U.S. airlines were in a position of strength. And then the coronavirus crisis struck. Although no carrier has announced layoffs or has requested a government bailout, the days, weeks, and months ahead look rough.