Airlines face their 'darkest time' because of COVID-19

Apr 21, 2020
The government has started aid payments to airlines, but it will only keep them going for so long.
Demand for air travel has taken a nosedive amid the coronavirus lockdown.
Justin Sullivan/Getty Images

Airlines, Treasury Department strike deal for $25 billion bailout

Apr 15, 2020
The deal comes with strings attached: For one thing, 30% of the money is going to have to be paid back.
Ten major airlines have signed onto the deal.
Justin Sullivan/Getty Images

Airlines hit by COVID-19 start applying for government aid

Apr 3, 2020
The government is making $50 billion available in loans and grants.
United, Delta and American have parked almost their entire international fleets, and domestically will fly about 60% to 70% fewer flights than at this time in 2019.
Jeff Swensen/Getty Images

What happens if air-traffic controllers come down with COVID-19?

Mar 26, 2020
Cases of the disease have been reported in a handful of air traffic control sites around the U.S.
What happens if crucial air traffic controllers get COVID-19?
Mandel Ngan/AFP via Getty Images

COVID-19 stimulus proposals revive stock buyback debate

Mar 20, 2020
The big U.S. airlines spent almost all of their free cash flow buying back their own shares in the last decade. Now they want government aid.
Sen. Chuck Schumer said U.S. airlines are short on cash because "they spent billions on stock buybacks."
Alex Wong/Getty Images

Airlines are bracing for more coronavirus disruption

Mar 4, 2020
IATA, which speaks for airlines, wants them to be released from minimum airport usage requirements.
Passengers wear face masks to protect against the spread of the COVID-19 as they arrive at LAX airport on Feb. 29.
Mark Ralston/AFP via Getty Images

The grounded 737 Max could lead to more Thanksgiving delays

Nov 28, 2019
The Thanksgiving travel period is always a logistical nightmare for the airlines. But this year might be worse.
Jessica McGowan/Getty Images

For public good, not for profit.

Amtrak says it had its best year in company history

Nov 11, 2019
After years of being the subject of congressional ire, the federally subsidized company is almost at the point of breaking even.
Passengers board an Amtrak train at New York City's Pennsylvania Station.
Spencer Platt/Getty Images

Fees on luggage prompt creative workarounds

Jul 1, 2019
Consumers paid $1.3 billion to check bags in just the first three months of the year, but airfares are at an all-time low.
iogi via Flickr