United Airlines Hunkers Down for Long Air-Travel Drought
United Airlines Holdings Inc. UAL 0.99% said it is positioning itself to ride out a long downturn in air travel as a result of the coronavirus pandemic. It was a brutal summer for U.S. airlines. Rising infection rates triggered new travel restrictions across the country, keeping passengers at home. United Chief Executive Scott Kirby has […]
Quarantine for arrivals to the UK may be cut to a week, says Shapps
The quarantine period for travellers arriving in the UK is likely only to be cut to about a week, according to the transport secretary, under a “test and release” scheme being considered by the government’s taskforce. Grant Shapps said the new regime, which is due to be confirmed in November, would require a single coronavirus […]
Mass air travel may be delayed by two years, Singapore says
The global aviation industry will take at least two years to recover from the coronavirus pandemic and mass travel to return, Singapore’s Transport Minister Ong Ye Kung said, stressing the importance of developing a widely available and effective vaccine to help countries open their borders. “When a vaccine is widely available around the world and […]
Florida, Australia trips canceled by Carnival Cruise Lines
MIAMI — Carnival Cruise Line said Monday it was canceling its remaining cruises scheduled for November out of two Florida ports, as well as five cruises from Australia at the beginning of next year. The cruise line had previously announced it was canceling for the rest of the year all U.S. cruises except for trips […]
Sign of progress seen in Delta Airlines revenue despite weak demand
Delta Air Lines (NYSE:DAL) reported its third-quarter earnings on Tuesday. As expected, the headline numbers were awful. Indeed, Delta missed analysts’ estimates for revenue and earnings, posting adjusted revenue of $2.65 billion (down 79% year over year) and an adjusted net loss of $3.30 per share. The analyst consensus had called for an adjusted loss […]
