Airliners

More passenger airlines are helping fill the severe shortage in freight capacity by turning their aircraft into cargo-only airplanes to haul critical medical supplies, foodstuffs and other economically essential goods.  The rapid implosion of air travel as countries closed borders to contain the...

The weekly jobless claims figures aren’t always the most closely watched economic data among Wall Street traders and investors. But today’s are a different story. This morning, the Department of Labor said 3.28 million people filed initial claims for unemployment benefits in the week...

Faced with continued reductions in U.S. passenger travel due to the COVID-19 pandemic, United Airlines Holdings, Inc. (NASDAQ: UAL) and Alaska Airlines Group, Inc. (NYSE: ALK) expect to start off April with an additional cut in its domestic cargo capacity. United had previously reduced its...

The U.S. Senate late Wednesday passed a $2 trillion coronavirus rescue bill that includes almost $60 billion in aid for the airline industry, including all-cargo carriers, and $10 billion for airports, primarily to preserve jobs until economic activity returns to normal. The money comes with...

United Airlines Holdings Inc. (NASDAQ: UAL) 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...

Cargo departments of scheduled passenger airlines are beginning to restrict what type of cargo they accept, as well as drop-off and pick-up windows because of limited flight availability in response to the coronavirus pandemic. United Airlines Holding Inc. (NASDAQ: UAL) notified customers Friday...

The White House and Republican leaders are rebuffing the U.S. airline industry's request for emergency government aid heavy on cash grants as policymakers and lawmakers assess the political fallout from bailing out an industry with recent record profits after workers made concessions during...

Canadian air-cargo provider Cargojet (TSX: CJT) said it is redeploying aircraft currently serving international scheduled and charter routes to its North American network to support increased volumes for e-commerce, and healthcare and essential supplies as the coronavirus outbreak changes supply...

Delta Air Lines, Inc. (NYSE: DAL) CEO Ed Bastian said on CNBC's "Squawk Box" the company will become "fully carbon neutral" as of March 1. What Happened Delta understands its business needs to do more than just take care of its customers, workers and shareholders. As of...

Bank of America analysts turned bullish on Southwest Airlines Co (NYSE: LUV) last September, but this call has proven to be too early. The Analyst Andrew Didora downgraded Southwest from Buy to Neutral with a price target lowered from $65 to $60. The Thesis The case for turning bullish on Southwest...

Airline stocks were trading mixed Wednesday morning after a handful of industry giants provided financial updates as part of presentations at the Cowen and Company 12th Annual Global Transportation Conference. United Reaffirms Q3 And Full-Year United Airlines Holdings Inc (NASDAQ: UAL) updated...

Delta Air Lines, Inc. (NYSE: DAL) on Wednesday reported first-quarter results that marked a "great start" to the new fiscal year, CEO Ed Bastian told CNBC. Delta's first-quarter adjusted earnings of 96 cents per share beat estimates by 7 cents. Sales of $10.4 billion were slightly...