American Airlines announces 14 officer departures, memos show

FILE PHOTO: American Airlines passenger planeS parked at Tulsa International Airport in Tulsa, Oklahoma, U.S. March 23, 2020. REUTERS/Nick Oxford/File Photo CHICAGO (Reuters) – American Airlines Group Inc (AAL.O) told employees on Thursday that 14 officers will be as leaving the company as part of leadership changes in which another Continue Reading

Major airlines urge U.S. Treasury to disburse assistance quickly

WASHINGTON (Reuters) – Major U.S. airlines asked the U.S. Treasury to move quickly to release up to $58 billion in government grants and loans and recommended a formula to divide up the money. FILE PHOTO: Airplanes are seen parked through a rain soaked window at their gates during a winter Continue Reading

Airlines appear to come up short in bid to win cash grants in rescue package

WASHINGTON/CHICAGO (Reuters) – A last-ditch effort by the chief executives of major U.S. airlines to try to win cash grants to weather the coronavirus crisis looked to be unsuccessful, four congressional aides and airline officials said late Saturday. FILE PHOTO: Planes are seen parked at gates at San Francisco International Continue Reading

Factbox: International airlines’ response to FAA on Iran airspace

(Reuters) – The U.S. Federal Aviation Administration (FAA) issued an emergency order on Thursday prohibiting U.S. air carriers from flying in Iran-controlled airspace over the Strait of Hormuz and Gulf of Oman due to heightened tensions. FILE PHOTO: A British Airways aircraft takes off from Heathrow Airport in west London, Continue Reading

American Airlines asks court to end ‘devastating’ slowdown by unions

FILE PHOTO: American Airlines Boeing 737 MAX jets sit parked at a facility in Tulsa, Oklahoma, U.S., May 10, 2019. Photo taken May 10, 2019. American Airlines/Handout via REUTERS (Reuters) – American Airlines Group Inc on Friday asked a federal court to quickly halt an alleged illegal slowdown by mechanics’ Continue Reading

Global airlines slash profit forecast 21% on protectionism fears

FILE PHOTO: An airplane prepares to land at Cointrin airport in Geneva, Switzerland December 5, 2017. REUTERS/Pierre Albouy/File Photo SEOUL (Reuters) – Global airlines slashed a key industry profit forecast by 21% on Sunday amid concerns over an expanding trade war and higher oil prices. The International Air Transport Association, Continue Reading