News

5 major airlines are rolling out shared digital health passes to prove negative COVID-19 tests. They hope it’s a step towards recovery for an industry set to lose $157 billion.

United Airlines, Lufthansa, Virgin Atlantic, Swiss International Air Lines, and JetBlue will be accepting a digital health pass as proof of negative COVID-19 status from December. The CommonPass shows the results of passengers’ COVID-19 tests, as is designed as an international standard. In the future, it could also be used […]
5 major airlines are rolling out shared digital health passes to prove negative COVID-19 tests. They hope it’s a step towards recovery for an industry set to lose $157 billion.
Markets

Airline stocks plunge on warnings of the ‘worst year in the history of aviation,’ as one of Europe’s biggest carriers announces 22,000 layoffs

Lufthansa announced on Thursday it would slash 22,000 jobs over COVID-19. The operator also said it expects 100 fewer aircrafts after the pandemic. Shares in the big four airlines – United Airlines, Delta Airlines,American Airlines and Southwest Airline tanked between 11% and 16%. Stock markets dived down after the Fed […]
Airline stocks plunge on warnings of the ‘worst year in the history of aviation,’ as one of Europe’s biggest carriers announces 22,000 layoffs
News

Lufthansa will get a $10 billion German bailout as the airline loses $1 million per hour due to the pandemic. Take a look at the history of the iconic European airline.

Germany’s Lufthansa has been hit particularly hard by the pandemic, reporting losses of around $US1 million per hour. The 67-year-old flag carrier relaunched in 1953 following the dissolution of its initial iteration after World War II. During its tenure in the world’s skies, Lufthansa has established itself as one of […]
Lufthansa will get a $10 billion German bailout as the airline loses $1 million per hour due to the pandemic. Take a look at the history of the iconic European airline.
News

Delta, American, and other airlines are parking planes on closed runways at major airports as carriers struggle to store grounded airliners

The world’s airports are being converted into storage facilities for aircraft as airlines drastically reduce their operations. Frankfurt Airport, Copenhagen’s Kastrup Airport, and Hartsfield-Jackson Atlanta International Airport, among others, have closed runways and taxiways to store excess aircraft from major airlines. US airlines are also flying their aircraft across the […]
Delta, American, and other airlines are parking planes on closed runways at major airports as carriers struggle to store grounded airliners
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