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Eric Kulisch Thursday, July 23, 2020

United Airlines: Least worst is best

United Airlines lost $1.6 billion in the second quarter. Given that a pandemic has hammered passenger travel, that’s relatively good. Company officials say maintaining capacity discipline for the foreseeable future is critical to get back to profitability.

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Eric Kulisch Friday, May 22, 2020

Air France-KLM bids adieu to A380 jumbo jet

(Updated May 25, 2020, 8:10 P.M. ET, with news about Emirates.) Air France-KLM Group (FP: AF) said it has permanently eliminated double-deck Airbus A380 aircraft from its fleet, joining other airlines that also are rationalizing fleets to contain costs amid a dramatic downturn in business caused by the coronavirus pandemic. The current economic hardship accelerated […]

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Eric Kulisch Wednesday, May 13, 2020

Avianca receives preliminary OK for Chapter 11 bankruptcy

A U.S. federal court on Monday agreed on an interim basis to Avianca Holdings SA’s initial motions to voluntarily reorganize under court-supervised bankruptcy protection. Latin America’s second-largest airline sought bankruptcy over the weekend in an effort to continue operating as a smaller company, saying the shutdown of its passenger network because of the coronavirus pandemic […]

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Eric Kulisch Friday, March 20, 2020

United Airlines CEO: ‘Time is running out’ for federal aid

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 tell their representatives to support the measure. Meanwhile, Delta Air Lines said it projects a $10 billion reduction in revenue for the second quarter, down […]

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