government bailout

Atlas Air Worldwide Holdings (NASDQ: AAWW) last week reported an eightfold increase in adjusted net income and 25% more revenue in the third quarter compared to last year, but will not return $406 million in emergency coronavirus aid the U.S. government intended for financially battered airlines to...

After being left out of a recent multibillion-dollar federal aid package for the domestic airlines, airfreight forwarders are now asking the U.S. government for aid to be set aside for their industry in the next economic stimulus legislation. Specifically, the Airforwarders Association is...

Here's something you don't see everyday: reports of a company chief executive waving investors away from his firm's impending IPO. But that's the scenario apparently unfolding around Sergio Marchionne, the man in charge of both Fiat (OTC: FIATY) and Chrysler. Last week, at an investor...