PYMNTS-MonitorEdge-May-2024

air travel

Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery
Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery
July 22, 2020  |  Travel Payments

It was a bad week for airline stocks as bookings contracted on renewed coronavirus fears. PYMNTS reported earlier this week on new Transportation Security Agency (TSA) figures that travelers...

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United Airlines’ Chief: Vaccine Needed To Return To Normal
United Airlines’ Chief: Vaccine Needed To Return To Normal
July 22, 2020  |  Travel Payments

The outlook for the airline industry looks cloudy — at best — until there is a COVID-19 vaccine. In fact, United Airlines‘ chief said revenues...

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Airlines Ask For Virus Testing To Allow Transatlantic Flights
Airlines Ask For Virus Testing To Allow Transatlantic Flights
July 21, 2020  |  Coronavirus

Several major airline companies are urging the U.S. and European Union to get transatlantic travel going again by launching a joint coronavirus testing program for...

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US Air Travel Sinks 4 Pct Amid Rising Infections, Quarantines
US Air Travel Sinks 4 Pct Amid Rising Infections, Quarantines
July 20, 2020  |  Travel Payments

The already sluggish recovery in air travel hit some turbulence over the past week. The number of travelers passing through airport security checkpoints across the...

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Some Airports Freeze Renovations As Fewer Passengers Fly
Some Airports Freeze Renovations As Fewer Passengers Fly
June 08, 2020  |  Travel Payments

Plans to expand some airports have been put on hold as air transportation has been grounded by the COVID-19 pandemic, The Wall Street Journal reported. The...

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How To Make It Safe To Fly The Friendly Skies Again
How To Make It Safe To Fly The Friendly Skies Again
May 27, 2020  |  Ecosystems

The airline industry has been particularly pummeled by the global pandemic as consumers sheltering in place have, by and large, eschewed both domestic and overseas...

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Frontier To Allow Passengers To Purchase Extra Space On Planes
Frontier To Allow Passengers To Purchase Extra Space On Planes
May 05, 2020  |  Travel Payments

As the world steadily inches toward reopening after several months of coronavirus-related lockdowns, Frontier Airlines will give people the option to pay extra to leave...

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Buffett’s Grounding Of Airline Stocks Shows Turbulence Ahead
Buffett’s Grounding Of Airline Stocks Shows Turbulence Ahead
May 04, 2020  |  Investments

The selloff begat the selloff. To that end, news came over the weekend that famed investor Warren Buffett, through his investment vehicle, Berkshire Hathaway, has...

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Airlines Shift From Passengers To Cargo
Airlines Shift From Passengers To Cargo
March 23, 2020  |  Coronavirus

For the airline industry, keeping at least some top line in place to cover enormous fixed costs is a critical strategy as demand for travel...

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