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December 15, 2021
Obviously the answer is no. >> airline executives thanked lawmakers for the payroll support program which they say saved tens of thousands of pre-pandemic jobs. but warned inflation is already impacting their industry. >> we certainly are seeing fuel cost increases. >> fuel is our highest, most volatile and most susceptible to inflation. >> finally on the question everyone wants to know. >> will we ever, do you think, be able to get on an airplane without masks? >> masks dont add much, if anythi...
December 9, 2021
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
December 8, 2021
The leader of the nation's largest airline announced his retirement Tuesday, becoming the latest chief executive of a domestic carrier to step down amid a pandemic that has scrambled the industry.
December 7, 2021
As per reports, Doug Parker is set to retire in March as CEO of American Airlines. Were revealing the businessmans large net worth.
November 28, 2021
You. does it feel to you like air travel is solidly rebounding after the pandemic and what can travelers expect as they take to the skies today and throughout the holidays? >> 20 million people are traveling over the course of this week and i just want to note, alex, that our program to keep people in their jobs through the payroll support program, the only industry that got this because unions drove this plan, allowed us to meet demand and kept air travel prices down. in fact, were even lower t...
October 27, 2021
/PRNewswire/ -- Spirit Airlines, Inc. (NYSE: SAVE) today reported third quarter 2021 financial results. Ended the third quarter 2021 with $1.9 billion of...
October 26, 2021
The Treasury Department inspector general is planning to audit on whether major airline companies are in compliance with the terms of their federal government loans under the CARES Act, amid layoffs of employees due to coronavirus vaccine mandates.
October 22, 2021
Unlike most major U.S. carriers, Alaska Air Group, parent company of Alaska Airlines and regional carrier Horizon Air, made a third-quarter profit, spurring management on Thursday to confidently reiterate aggressive growth plans that should see it hire about 3,000 people next year and more beyond.
October 21, 2021
/PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its third quarter 2021 financial results: Third quarter net income of $446...
October 21, 2021
WASHINGTON (dpa-AFX) - Southwest Airlines Co. (LUV) reported Thursday a net profit in its third quarter, compared to last year's loss, with significantly higher revenues. Adjusted loss per share