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Alaska Airlines adopts historic 70 percent cut to flight schedule, slashes dividends

CEO Brad Tilden announced the measures, including $800 million in new loans, saying: "These actions are unprecedented, but these are truly unprecedented times.".....»»

Category: topSource: bizjournalsMar 25th, 2020

Alaska Airlines adopts historic 70 percent cut to flight schedule, slashes dividends

CEO Brad Tilden announced the measures, including $800 million in new loans, saying: "These actions are unprecedented, but these are truly unprecedented times.".....»»

Category: topSource: bizjournalsMar 25th, 2020

Alaska Airlines adopts historic 70 percent cut to flight schedule, slashes dividends

CEO Brad Tilden announced the measures, including $800 million in new loans, saying: "These actions are unprecedented, but these are truly unprecedented times.".....»»

Category: topSource: bizjournalsMar 25th, 2020

Alaska Airlines adopts historic 70% cut to flight schedule, slashes dividends

CEO Brad Tilden announced the measures, including $800 million in new loans, saying: "These actions are unprecedented, but these are truly unprecedented times.".....»»

Category: topSource: bizjournalsMar 26th, 2020

Southwest Airlines slashes capacity by nearly 50 percent in June

Southwest Airlines made further adjustments to its schedule through June 27, a company executive said in a blog post Tuesday. Previously, Southwest Airlines Co. (NYSE: LUV) had made adjustments to its schedule through June 5. The new schedule adjust.....»»

Category: topSource: bizjournals13 hr. 55 min. ago

Alaska, American Cut More Capacity As Airlines Try To Preserve Cash

Alaska Airlines' parent company on Monday dialed back its flight schedule even further and said it had applied for federal worker-protection grants, amid more signs that the airline industry is under extreme financial duress. read more.....»»

Category: blogSource: benzinga20 hr. 55 min. ago

United slashes its schedule 50% for 2 months

United Airlines is slashing its flight schedule by 50% for the next two months and is seeking deep cost savings from its unions......»»

Category: topSource: moneycentralMar 16th, 2020

Alaska Airlines Will Add Another Route at Paine Field

The Seattle-based airline is refining its flight schedule at its hometown's new secondary airport......»»

Category: topSource: foxnewsJun 12th, 2019

Southwest Airlines slashes capacity by nearly 50% in June

Southwest Airlines made further adjustments to its schedule through June 27, a company executive said in a blog post Tuesday. Previously, Southwest Airlines Co. (NYSE: LUV) had made adjustments to its schedule through June 5. The new schedule adjustmen.....»»

Category: topSource: bizjournals14 hr. 55 min. ago

Southwest building June flight schedule to reflect "different phases of recovery"

Southwest Airlines Co said on Tuesday it would publish this week a new flight schedule for June 6 to June 27 with overall flight activity dropping by about 50% while taking into account "different phases of the recovery anticipated ahead.".....»»

Category: topSource: reuters19 hr. 25 min. ago

American Airlines cuts flight schedule further, keeps one flight to Hawaii

American Airlines Group Inc. announced late Friday additional capacity cuts.The airline said it will suspend 60% of its capacity in April as compared to the same period in 2019, and is plannin.....»»

Category: topSource: marketwatchMar 27th, 2020

American To Park 80% Of Domestic Capacity By May

American Airlines Group, Inc. (NASDAQ: AAL) said Friday it will suspend 60% of its flight schedule in April and likely reduce capacity by 80% in May because of the coronavirus pandemic. read more.....»»

Category: blogSource: benzingaMar 27th, 2020

Alaska Airlines slashes flights by 70%, cuts costs due to coronavirus outbreak

Alaska Air Group Inc. said.....»»

Category: topSource: marketwatchMar 25th, 2020

Alaska Air reducing April-May flight schedule by 70%, drew down $400M on credit

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 25th, 2020

United Airlines suspends just about all international service

United Airlines has shut down 95 percent of its international schedule at least through April due to the coronavirus crisis. Previously, United had signaled it would slash 85 percent of international service. Effective April 1, United said it wo.....»»

Category: topSource: bizjournalsMar 21st, 2020

United Airlines slashes international schedule by 95% for April

United Airlines Holdings Inc said on Friday it would slash its international schedule by 95% for April because of government restrictions prohibiting travel in an effort to curb the spread of the coronavirus......»»

Category: topSource: reutersMar 21st, 2020

Hawaiian Airlines to temporarily reduce flight schedule by 40%

Hawaiian Airlines will reduce its flight schedule by nearly 40% in April as closures, cancelations and government restrictions in response to the coronavirus impacts travel, the airline announced Wednesday. Domestically, the flight schedule reduction w.....»»

Category: topSource: bizjournalsMar 19th, 2020

Report: Hawaii immune to Southwest schedule cuts, company president says

Southwest Airlines is not considering cutting flights to Hawaii amid broader capacity slashes, the company's president told the Honolulu Star-Advertiser. Tom Nealon, president of Southwest Airlines Co. (NYSE: LUV), told the newspaper last week, "we'.....»»

Category: topSource: bizjournalsMar 17th, 2020

Lufthansa cuts 90% of long-haul flights: statement

German airline Lufthansa said it would further cut its flight schedule after Monday's announcement that its Austrian Airlines division was scrapping all flights in response to the coronavirus-induced collapse in passenger demand......»»

Category: topSource: reutersMar 16th, 2020

United warns of cash bleed, empty planes even after more schedule cuts

United Airlines Holdings booked $1.5 billion less revenue in March than the same time last year and warned employees that planes could be flying nearly empty into the summer, even after drastic flight capacity cuts......»»

Category: topSource: reutersMar 15th, 2020

Lufthansa slashes flight schedule further, may seek state aid

German flagship carrier Lufthansa on Friday said it would scrap its annual dividend, slash its flight schedule further and is also considering a request for state aid to help it deal with the impact of the coronavirus outbreak......»»

Category: topSource: reutersMar 13th, 2020