Allegiant repays $24.8 million CARES emergency relief loan
Government assistance allowed airline to preserve liquidity and position itself to withstand uncertainty surrounding outbreak of COVID-19
Source: eturbonews.com
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Pilots union will picket over airlines' performance: Travel Weekly
At a dozen airports, the Air Line Pilots Association on Thursday will highlight the union's call for airlines to improve operations and reduce flight delays and cancellations.
Source: travelweekly.com
Labor unions are campaigning against the resumption of airline stock buybacks: Travel Weekly
Although the pandemic-era restriction on airline stock buybacks is due to lift on Oct. 1, unions are calling for airlines to refrain from the practice until they have achieved operational normalcy.
Source: travelweekly.com
DOT Updates SIFL Rates
The SIFL rates, used to compute value of non-business travel aboard a company-provided aircraft, are slightly lower in the second half, unadjusted.
Source: ainonline.com
Atlas Air Worldwide Reports Second-Quarter 2022 Results
04.08.2022 - Reported Net Income of $88.3 MillionAdjusted EBITDA of $215.6 MillionAdjusted Net Income of $97.3 Million PURCHASE, N.Y., Aug. 04, 2022 (GLOBE NEWSWIRE) - Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced second-quarter 2022 net ...
Source: wallstreet-online.de