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Tag Archives: Airlines

Capitol Report: Trump backs plan for additional $25 billion to support airlines

President Donald Trump answers question during a press conference at the White House on Wednesday. AFP/Getty Images President Donald Trump said Wednesday he would support additional aid for airlines to keep workers on payroll. The president was asked about a plan from more than a dozen Republican senators to provide …

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Airlines are issuing billions of dollars in vouchers — but can you still get a cash refund for coronavirus-related flight cancellations?

While airlines are providing refunds when they cancel flights, very few carriers are doing so when a customer proactively chooses to cancel a trip because of the coronavirus outbreak, a new report from a group of Democratic lawmakers charges. U.S. Senators Edward Markey, Elizabeth Warren, Richard Blumenthal and Kamala Harris …

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Key Words: Buffett dumps entire airline stake, saying: ‘The world changed for airlines’

Warren Buffett says Berkshire Hathaway dumped all of its holdings in the airline sector, painting a grim picture of the industry that has been badly hurt by the COVID-19 pandemic. “I was wrong about that business,” Buffett said, speaking on Saturday in Omaha, Neb., at Berkshire’s annual shareholder meeting, which …

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The New York Post: Delta, American Airlines will suspend flights to Milan amid coronavirus outbreak

Delta and American Airlines will suspend all U.S. flights to Milan in the wake of an elevated travel warning issued over the spreading coronavirus, the companies announced this weekend. Delta DAL, -4.27%   said Sunday that it will halt flights between the U.S. to Italy’s financial capital until early May. …

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