KLM-Air France

Air France-KLM Group (FP: AF) said it has permanently eliminated double-deck Airbus A380 aircraft from its fleet, joining other airlines that also are rationalizing fleets to contain costs amid a dramatic downturn in business caused by the coronavirus pandemic. The current economic hardship...

As the statement goes, hope is not a valid investment thesis. Yet, that appeared to be the case on Friday morning. Markets in the US traded higher on Friday—at one point, the Dow Jones Industrial Average was up over 100 points. The financials enjoyed strong bullish activity, rallying the most of...

Financially battered Japan Airlines announced Tuesday that they plan to trim their work force by 6,800 jobs, eliminate some routes and move as quickly as feasible to raise emergency funds from a foreign carrier. Both Delta Air Lines and American Airlines are in the running to acquire a stake in JAL...