Grounded Flights Are Sending U.S. Jet Fuel Prices Sliding Again
The new wave of lockdowns around the world is sending U.S. jet fuel prices slumping and exports slowing to a trickle all over again. It’s not as bad as the crash Continue Reading
World’s Top Oil Trader: Airline Travel Won’t Recover Until Late 2021
Airline travel will continue to suffer in the first half this year and will only recover, and jet fuel consumption with it, in the back half of 2021, when mass Continue Reading
Airlines Buckle Their Seat Belts for a Bumpy 2021
Airlines are betting that coronavirus vaccines will reignite demand for travel this year. The question is when. Delta Air Lines Inc. Chief Executive Ed Bastian expects improvement starting this spring. Alaska Continue Reading
Cirium: 21 years of airline passenger traffic growth wiped out in 2020
Global aviation data firm Cirium released its new Airline Insights Review 2020 which reveals the deep impact on aviation of worldwide travel restrictions to curb COVID-19. The report shows that Continue Reading
Covid-19 Live News: U.S. Air Travel Hits Pandemic High, Adding to Fears of Yet More Case Surges and the New Variant
With the coronavirus raging in many parts of the country and hospitals dangerously overstretched, public health officials warned on Sunday that more calamitous days may be ahead, as infections tied Continue Reading
Airlines to Bring Back Thousands of Workers After Passage of Covid-19 Aid Bill
Airlines are preparing to call back tens of thousands of workers they let go in October now that Congress has approved government assistance to cover carriers’ payroll through the end Continue Reading
Deeper job cuts at Boeing as pandemic throttles air travel
Boeing said Wednesday that it will cut 7,000 more jobs as it continues to bleed money during a pandemic that has smothered demand for new airline planes. The company said Continue Reading
Airlines Poised to Sideline Over 30,000 Workers as Washington Debates Relief
After an unprecedented drop in air travel because of the coronavirus, passenger airlines are being forced to make long-term, make-or-break decisions at a time of great uncertainty and minimal cash Continue Reading
Top U.S. airlines starting 32,000 furloughs as bailout hopes fade
American Airlines and United Airlines, two of the largest U.S. carriers, said they were beginning furloughs of over 32,000 workers on Thursday as hopes faded for a last-minute bailout from Continue Reading
Growing number of airlines offer ‘flights to nowhere’ as international travel remains stalled – The Washington Post
With international travel in much of the world still disrupted by the coronavirus pandemic, some airlines are resorting to “flights to nowhere” that target passengers who long for air travel — Continue Reading