European airlines sound alarm over coronavirus impact

American Airlines will pull back this month on its domestic flights from Charlotte Douglas International Airport and has further delayed service on several European routes amid the widespread novel coronavirus pandemic......»»

American Airlines will pull back this month on its domestic flights from Charlotte Douglas International Airport and has further delayed service on several European routes amid the widespread novel coronavirus pandemic......»»

European airlines waiting in line for coronavirus bailouts want to tap another source of interest-free loans: their customers......»»

European stocks fell on Friday, halting their biggest ever three-day rally in a sign investors were focusing once more on the spread of the coronavirus pandemic despite hopes for further stimulus measures to combat its economic impact......»»

European stocks fell on Friday, halting their biggest ever three-day rally in a sign investors were focusing once more on the spread of the coronavirus pandemic despite hopes for further stimulus measures to combat its economic impact. Ciara Lee reports.....»»

Banks should halt 2020 dividend payments to preserve capital and keep lending to businesses and households until the impact of the coronavirus epidemic is clearer, the European Banking Federation (EBF) said......»»

European stocks fell on Friday, halting their biggest ever three-day rally in a sign investors were focusing once more on the spread of the coronavirus pandemic despite hopes for further stimulus measures to combat its economic impact......»»

European Union lawmakers approved on Thursday emergency funds to cushion the bloc's economic slump triggered by the coronavirus pandemic and shore up battered airlines by preserving their landing slots......»»

European lawmakers overwhelmingly agreed on Thursday to suspend until Oct. 24 a rule requiring airlines to use at least 80% of their flight slots to keep them the following year so as to ease an industry crisis unleashed by the coronavirus pandemic......»»

Ethiopian Airlines will focus on hauling cargo, chief executive Tewolde Gebremariam tells Reuters, as it seeks to battle the devastating impact of coronavirus on the global aviation industry......»»

European Union lawmakers are expected on Thursday to approve emergency funds to cushion the bloc's economic slump triggered by the coronavirus pandemic and shore up hard-hit airlines by preserving their landing slots......»»

The grounding of virtually all flights by Europe's largest budget airline and European air traffic data on Tuesday highlighted the enormity of the shock to aviation industries from the coronavirus now emptying skies around the globe......»»

European airlines crippled by the coronavirus have demanded lasting relief from environmental taxes - in a move that pits their immediate survival against longer-term emissions goals......»»

Emirates, one of the world's biggest long-haul airlines, said on Sunday it would stop nearly all passenger flights this week and cut staff wages by as much as half because of the coronavirus impact on travel demand......»»

Airlines for America, the airline trade association, said the traffic numbers for the industry grow grimmer by the day as the federal government continues to advise against nonessential air travel due to the coronavirus. U.S.-based carriers have seen .....»»

Shares in U.S. airlines fell sharply on Wednesday after Washington proposed a rescue package of $50 billion in loans, but no grants as the industry had requested, to help address the financial impact from the deepening coronavirus crisis......»»

United Airlines on Tuesday announced a 60% schedule reduction in April, citing the impact of the coronavirus pandemic on travel demand......»»

The United States is expected to increase U.S. tariffs on Airbus planes by 50% on Wednesday, U.S. and European officials say, dealing a further blow to U.S. airlines already hammered by sharp drops in travel due to the coronavirus pandemic......»»

European airlines on Tuesday called on governments to draw up a package of measures including deferring taxes to rescue the struggling industry as the crisis caused by the coronavirus pandemic deepens......»»

Fear is in the air so planes are grounded — although not officially. read more.....»»