bailout

Airlines are leaning heavily on governments for support until they can get back on their feet once the COVID crisis subsides. Next up: KLM.

Airlines are sweating the coronavirus pandemic despite the recent upturn in travel. El Al says it might fail and Aeromexico went the bankruptcy route.

Lufthansa and Germany have agreed on a rescue plan for the airline, but the European Union wants to take a pound of flesh from the German carrier before allowing the deal to go through.

Lufthansa will temporarily become a German-state owned company again with a pending plan to give the airline billions of dollars in emergency aid to withstand the fallout from the coronavirus.

Israel’s flagship carrier El Al is struggling to hold on financially during the COVID-19 pandemic and is looking to the government for a lifeline.

Lufthansa and IAG Group are taking baby steps toward expanding flight schedules. That should bring in some more revenue, but Lufthansa is looking for a big bailout from the German government to get through the coronavirus crisis.

Airlines and airports have a symbiotic relationship, but there is tension over airlines’ interest in waiving airport charges and taxes during the pandemic recession.

Boeing will stop making planes for two weeks at most of its plants to protect workers from the coronavirus.

Rolling cuts are roiling the airline industry, which is seeking a federal bailout to stave off workforce reductions

United Airlines’ executives and union leaders late Friday warned furloughs will begin soon unless the federal government enacts an emergency aid package for the airline industry and urged workers to […]

An airline bailout raíses questions of corporate welfare and could anger voters if they are left without jobs or suffer wage losses because of the coronavirus lockdown.

It’s a full red alert for the airline industry as the coronavirus crushes travel demand. Companies are racing to shore up their finances as revenues dry up.