Page 25 - Payroll Support Program News Today

ANALYSIS/OPINION: The COVID-19 pandemic continues to reduce air travel demand, slow U.S. aerospace manufacturing, and trigger industry-wide layoffs. As Congress and the Biden administration work on another round of essential pandemic relief, part of this effort must include strengthening aviation safety, bolstering the country’s global aviation leadership, fostering innovation in U.S. airspace, and restoring confidence in air travel. As Chair of the House Subcommittee on Aviation, I look forw...

American Airlines could temporarily lay off some 2,760 people in Dallas-Fort Worth if more government aid doesn’t come through for the ailing travel industry.

Spirit Airlines, Inc. reported fourth quarter and full year 2020 financial results. Ended the year 2020 with $1.9 billion of unrestricted cash, cash equivalents and short-term investment securities Fourth Quarter 2020 Fourth Quarter 2019 As Reported Adjusted As Reported Adjusted (GAAP) (non-GAAP) 1 (GAAP) (non-GAAP) 1 Total Operating Revenues $498.5 million $498.5 million $969.8 million $969.8 million…

The House Financial Services Committee was expected to advance the proposal as part of a mark-up of Biden's $1.9 trillion Covid-19 rescue legislation.

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more One of the tourism industry’s most impacted and often overlooked groups, the U.S. travel agency trade is clamoring for federal government support to save the sector that is overwhelmingly comprised of small businesses. This month, the American Society of Travel Advisers (ASTA) filed a Covid-19 relief request with Congress to the tune of a $9.3 billion travel agency grant...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Spirit Airlines Reports Fourth Quarter and Full Year 2020 Results Spirit Airlines, Inc.February 10, 2021 GMT MIRAMAR, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (NYSE: SAVE) today reported fourth quarter and full year 2020 financial results. Ended the year 2020 with $1.9 billion of unrestricted cash, cash equivalents and short-term investment securities $(1.61) $1.24  “Soft deman...

PHILADELPHIA (WPVI) -- As the airline industry continues to feel the impacts due to the coronavirus, workers in Philadelphia are being warned about potential furloughs if things dont turn around. Delta Air Lines CEO Ed Bastian blasted a Biden Administration proposal on CNN Tuesday, which would require negative COVID-19 tests for travelers on domestic flights. "I think itd be a horrible idea for a lot of reasons," said Bastian, who documented minimal spread of the virus on flights and concerns t...

United just ordered $1 billion worth of eVTOLs from a startup that aims to launch intra-city passenger flights in 2024 tpallini@businessinsider.com (Thomas Pallini) United Airlines and eVTOL startup Archer Aviation announced a $1 billion partnership and aircraft order. United will buy 200 aircraft to be used for eco-friendly airport transportation. Archer Aviation is also going public via a special-purpose acquisition company. United Airlines is investing in a new kind of aircra...

American will become the only US airline to fly between Miami and Tel Aviv as part of the expansion that also sees more flights to Latin America.

February 8, 2021 Every week, we bring you a roundup of the top news and commentary about issues and events important to working families. Here’s the latest edition of the Working People Weekly List. Amazon Has ‘Disregard for Health and Safety of Its Own Employees:’ RWDSU President: "Yahoo Finance’s Alexis Christoforous and Retail, Wholesale and Department Store Union president Stuart Appelbaum discuss Amazon’s upcoming vote to unionize workers in Alabama. First of all, Id say that a m...