Warren Buffett's Berkshire posts nearly $50 billion loss hit by coronavirus; says made 'a mistake' investing in airline sector stocks
Berkshire's stock price has fallen 1% in 2020, compared with a 12% drop in the Standard & Poor’s 500, despite Warren Buffett’s prediction that Berkshire would outperform in down markets.
Coronavirus impact: Several US airlines ask passengers, crew to get own face masks; make it mandatory condition to fly
This new requirement is part of the airlines' ongoing commitment to prioritizing customers' and team members' well-being in the face of the coronavirus (COVID-19) pandemic,
American Airlines posts $2.2 bn loss on pandemic, first since bankruptcy exit; total operating revenue declines nearly 20% to $8.5 bn
American Airlines has already reduced its flight schedule by about 80 percent in both April and May. Its June capacity will be down 70 percent, it said.
Coronavirus Outbreak: British Airways puts about 28,000 employees on furlough; to give 80% of their usual salary
The assistance to the British Airways' staff may also include funding by the UK government up to $3,095 a month under a national plan, the report said.
Airline industry braces for prolonged recovery from coronavirus crisis; half the world's airplanes in storage
Carriers including United Airlines Holdings Inc and Air New Zealand Ltd have warned they are likely to emerge from the coronavirus crisis smaller, and there are fears others may not survive.
US airlines seek $50 billion coronavirus bailout to avoid collapse as White House drafts financial assistance package
A trade association warned that without action airlines could run out of money by year-end, and even sooner if credit card companies started withholding payments. Without action soon, airlines and others in the sector could furlough tens of thousands of workers.
From bees on windscreen to snakes in cockpit, a look at how reptiles and rodents can threaten aviation safety
Scottish traveller Moira Boxall was shocked to discover a live spotted python in her suitcase after when she reached home in Glasgow after a long flight from Adelaide.
US FAA bans low flights over Venezuela citing 'political instability' as Juan Guaido makes strongest call yet to oust president
The US Federal Aviation Administration (FAA) on Tuesday evening issued an order prohibiting US air operators from flying below 26,000 feet in Venezuela’s airspace until further notice, citing “increasing political instability and tensions”.
Boeing in the next 10 days will roll out an upgrade to the MCAS stall prevention system for 737 MAX aircraft
Assistant will notify users on phones when its algorithms predict that their flights would be late.
Jet Airways joins other airlines in barring the use of checked-in smart baggage with non-removable batteries
According to Jet Airways, all passengers with bags having a Li-ion battery will need to detach the battery and carry it separately in the cabin baggage.
The Allied Pilots Association estimated that more than 15,000 flights from Dec. 17 to 31 were affected by a glitch in the system.
A 25-year-old man was duct-taped to his seat by fellow passengers after he tried to enter the cockpit of an American Airlines flight, prompting the US to rush fighter jets to intercept the plane, a media report said.
United president Scott Kirby joined Munoz at the hearing, along with top executives of American Airlines, Alaska Airlines and Southwest Airlines.
American Airlines has suspended an employee after a video showed an altercation on one of its planes involving crew, several passengers and a crying woman carrying a young child.
The engine of an American Airlines Group Inc jet caught fire seconds from takeoff at Chicago's O'Hare International Airport on Friday, prompting the crew to abort its departure and evacuate passengers via emergency chutes
At the Quindecennial anniversary of the infamous attacks on the World Trade Center in New York and the Pentagon just outside Washington, Americans would be forced to revisit and relive the “horror” that they witnessed.
Flight of terror: American Airlines plane makes emergency landing after being struck by lightning; all passengers safe
Nearly 60 people on board an American Airlines flight had a terrifying experience when a lightning struck the plane over New York city, forcing the pilot to divert the aircraft and make an emergency landing at John F Kennedy International Airport.
A Sikh man along with his four friends, who were kicked out from an American Airlines flight because their appearance made the captain uneasy has filed a USD 9 million lawsuit.