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American Airlines passenger planes crowd a runway where they are parked due to flight reductions to slow the spread of coronavirus disease (COVID-19), at Tulsa International Airport in Tulsa, Oklahoma, U.S. March 23, 2020. Nick Oxford | REUTERS Treasury Secretary Steven Mnuchin said Thursday he hopes to begin offering “preliminary information” to airlines about their
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Carnival Cruise Line’s Carnival Ecstacy cruise ship is docked at the Port of Jacksonville amid the Coronavirus outbreak on March 27, 2020 in Jacksonville, Florida. Sam Greenwood | Getty Images Shares of Carnival Corp. jumped by more than 21% Tuesday before the market opened, extending Monday’s gains after the Saudi sovereign wealth fund disclosed an 8.2%
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A message on a sign placed in front of the Welcome to Fabulous Las Vegas sign, where tourists often line up to take photos, displays a message about social distancing due to the continuing spread of the coronavirus across the United States on March 22, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images
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A worker walks through a baggage claim area at a nearly-empty O’Hare International Airport on April 2, 2020 in Chicago, Illinois. Scott Olson | Getty Images The Department of Transportation said Friday that airlines must give customers refunds when flights are canceled or significantly delayed amid coronavirus. The agency said it has received an increasing
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American Airlines passenger planes (L) parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Tulsa International Airport in Tulsa, Oklahoma, U.S. March 23, 2020. The planes on the right are 737 MAX, parked for reasons other than the coronavirus. Nick Oxford | Reuters American Airlines plans to cut its international
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Airline stocks are under serious pressure. The U.S. Global Jets ETF (JETS), which tracks the group, lost over 11% on Wednesday amid worries about the coronavirus pandemic’s impact on travel. Shares of JetBlue and American Airlines fell more than 9% and 12%, respectively. Earlier Wednesday, Stifel downgraded both stocks to hold from buy on concerns that airlines
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Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020. Elijah Nouvelage | Reuters Employees of airlines struggling with a record plunge in demand won a reprieve in the $2 trillion coronavirus bill:
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With only the most essential trips now taking place, and many people confined to our homes, the coronovirus has proven far more powerful than the travel bug. You needn’t feel trapped though. Despite the global no-fly zone and instructions to stay home, there are plenty of ways to mentally escape while staying responsible and remaining
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Satellite image of Venice, Italy Source: Planet Labs This is what it looks like when the world pauses because of the coronavirus pandemic. Before-and-after satellite images starkly show just how much things have changed across the planet as the coronavirus outbreak spread. Images provided by commercial satellite company Planet Labs reveal empty parking lots, beaches, bridges,
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