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Third-quarter revenue drops 73% as passengers continue to shy away from flying
Big carriers face growing threat on what was one of the busiest and most lucrative routes
Opening up about the economics of frequent-flyer programmes should lead to a rise in valuations
Recent deals show how reliant carriers have become on their loyalty schemes
Carrier says furloughs will begin on October 1 unless Congress extends industry bailout
Carrier ends a tumultuous second quarter with higher cash burn than its rivals
Carriers diverge on whether to maintain social distancing and run aircraft at partial capacity
UK to ask Brussels for full control over the review of the merger between Virgin Media and O2
Group says it aims to ‘right-size’ workforce to address drop in customer traffic amid pandemic
Pilots union and US health officials criticise plan to fly aircraft at full capacity
Cash-burning carrier tells customers to expect fuller planes
American, United and Alaska find capital markets receptive, at the right price
Debt binge could be seen as irresponsible but carrier will only use the cash it needs to stay airborne
Most indebted of US carriers is struggling to deal with fallout from pandemic lockdown
Airlines, cruise lines and concert promoters face pressure from fixed costs
Announcements are latest among carriers restoring some services to holiday destinations
Trump administration to halt flights unless American carriers are allowed back into China
World’s two largest carriers have been barred from compulsory lay-offs until October
Price of carrier’s credit default swaps outstrips US competitors
Famed investor backed the bank in 2008 but sold bulk of shares as pandemic developed
Other countries’ carriers wielded axe, but Treasury restrictions limit executives’ room to act
New blow to industry after Mnuchin casts doubt on restart for US air travel and Buffett exits airline stocks
Industry has lavished 115% of free cash flow on repurchasing shares since 2014
Carriers call for state support to avoid coronavirus ‘catastrophe’ as they slash capacity
Qantas warns slump will be ‘survival of the fittest’ as American, Delta and United lower forecasts
