Showing 1 - 8 of 8
Frontier-Spirit Deal to Form Discount-Airline Juggernaut
Business, Alison Sider & Will Feuer, Published on 09/02/2022
» Frontier Airlines agreed to buy Spirit Airlines for $2.9 billion in cash and stock in a deal that would create a discount-airline juggernaut.
For CEOs, the New Business of Business Is ... Politics
Business, Chip Cutter & Suzanne Vranica & Alison Sider, Published on 12/04/2021
» Big consumer brands like Coca-Cola Co. and Delta Air Lines Inc. for years have positioned themselves as forces for promoting what they see as social good -- an approach they displayed last summer after the death of George Floyd.
Airlines Got $25 Billion in Stimulus; Industry Still Expected to Shrink
Business, Alison Sider, Published on 09/06/2020
» Federal stimulus money for airlines is keeping them afloat through the coronavirus pandemic, but it's not proving to be enough to sustain the industry at its pre-pandemic size.
Treasury Urges Airlines to Apply for Payroll Grants by Friday
Business, Kate Davidson & Alison Sider, Published on 01/04/2020
» The Treasury Department released new details Monday night on how it will award grants and loans for airlines affected by the coronavirus pandemic, and urged companies to submit some applications by Friday to begin receiving funds as soon as possible.
Halt in U.S. Air Traffic Weighed to Aid Industry
Business, Andy Pasztor & Alison Sider, Published on 25/03/2020
» Major U.S. airlines are drafting plans for a potential voluntary shutdown of virtually all passenger flights across the U.S., according to industry and federal officials, as government agencies also consider ordering such a move and the nation's air-traffic control system continues to be ravaged by the coronavirus contagion.
Hotels Seek $150 Billion in Aid as Travel Plummets
Business, Ted MannAlison Sider, Published on 19/03/2020
» The U.S. hotel industry asked the Trump administration for a $150 billion bailout Tuesday, joining the growing ranks of businesses appealing to the federal government to stave off insolvency after getting hammered by the fallout of the coronavirus.
Airlines Seek $50 Billion Coronavirus Aid Package
Business, Alison Sider & Ted Mann, Published on 18/03/2020
» Reeling from the coronavirus crisis, U.S. airlines are seeking over $50 billion in financial assistance from the government, more than three times the size of the industry's bailout after the Sept. 11 attacks.
Trump Administration Considers Halting GE Venture's Engine Deliveries to China
Business, Ted Mann & Bob Davis, Published on 18/02/2020
» The Trump administration is considering a proposal to halt deliveries of jet engines co-produced by General Electric Co. for a new airliner being developed in China, a potential escalation of protective trade measures that could have steep repercussions for the major American manufacturer.