Airlines

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, July 15, 2020. Shares were mostly higher in Asia on Wednesday as investors were encouraged by news that an experimental COVID-19 vaccine under development by Moderna and the U.S. National Institutes of Health revved up people’s immune systems just as desired. (AP Photo/Eugene Hoshiko)
SKY News
July 15, 2020 - 4:36 pm
NEW YORK (AP) — Markets worldwide rallied on rising hopes for a COVID-19 vaccine Wednesday, and the S&P 500 climbed back to where it was a few days after it set its record early this year. Investors see a vaccine as the best way for the economy and human life to get back to normal, and...
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Workers wearing masks walk by the New York Stock Exchange during the coronavirus pandemic, Thursday, July 9, 2020, in New York. (AP Photo/Mark Lennihan)
SKY News
July 10, 2020 - 4:32 pm
NEW YORK (AP) — Optimism returned to Wall Street on Friday, and stocks rallied to cap a shaky week dogged by worries that rising coronavirus counts may halt the economy’s recent upswing. The S&P 500 climbed 1%, and the biggest gains came from cruise ship operators, airlines, banks and other...
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A Boeing 737 MAX jet heads to a landing at Boeing Field following a test flight Monday, June 29, 2020, in Seattle. The jet took off from Boeing Field earlier in the day, the start of three days of re-certification test flights that mark a step toward returning the aircraft to passenger service. The Federal Aviation Administration test flights over the next three days will evaluate Boeing's proposed changes to the automated flight control system on the MAX, a system that activated erroneously on two flights that crashed, killing 346 people. (AP Photo/Elaine Thompson)
SKY News
July 01, 2020 - 12:42 am
A government report says Boeing did not give regulators documents about changes it made in a key system blamed in two deadly crashes of its 737 Max jet, and that officials responsible for approving the plane did not know how powerfully the system could push the plane's nose down. Government...
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Director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci speaks with Dr. Robert Redfield, director of the Centers for Disease Control and Prevention during a Senate Health, Education, Labor and Pensions Committee hearing on Capitol Hill in Washington, Tuesday, June 30, 2020. (Al Drago/Pool via AP)
SKY News
June 30, 2020 - 8:29 pm
The government’s top experts in infectious diseases on Tuesday criticized American Airlines' decision to pack flights full while the coronavirus outbreak continues to grow across much of the United States. “Obviously that is something that is of concern. I’m not sure what went into that decision...
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A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020. Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)
SKY News
June 03, 2020 - 11:53 pm
Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shanghai and Hong Kong declined while Tokyo, Sydney and Southeast Asia advanced. Stock markets have risen on optimism about a possible...
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May 13, 2020 - 5:24 pm
NEW YORK (AP) — Ride-hailing giants Uber and Lyft are requiring drivers and passengers to wear masks while using their services, joining a growing list of transportation companies hoping to mitigate the spread of COVID-19 as some cities emerge from lock-down. All major U.S. airlines have already...
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FILE - In this April 23, 2020 file photo, women wearing masks as a precaution against the new coronavirus, walk at the Gyeongbok Palace, in Seoul, South Korea. Nervous travelers, spotty air service, health risks _ the battered global tourism industry is facing unprecedented uncertainty in the wake of the new coronavirus. Millions of workers are laid off or furloughed, and it will likely take years for the industry to get back to the strong demand it was seeing just six months ago. (AP Photo/Lee Jin-man, File)
SKY News
May 03, 2020 - 10:09 am
Six months ago, the global tourism industry was celebrating a record year for travel. Now, it's decimated and facing a recovery that could take years. Tourism Economics, a data and consulting firm, predicts global travel demand won’t resume its normal pace until 2023. When tourists do finally...
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American Airlines planes stored at Pittsburgh International Airport sit idle on a closed taxiway in Imperial, Pa., on Tuesday, March 31, 2020. As airlines cut more service, due to the COVID-19 pandemic, Pittsburgh International Airport has closed one of its four runways to shelter in place 96 planes, mostly from American Airlines, as of Monday, March 30, 2020. The airport has the capacity to store 140 planes. (AP Photo/Gene J. Puskar)
SKY News
April 10, 2020 - 8:52 pm
The Trump administration is proposing that a significant amount of the $25 billion in cash that airlines expected to keep workers on the job will instead be low-interest loans that big airlines will have to repay, according to two people familiar with the matter. The Treasury Department began...
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An Indian policeman wearing a virus themed helmet rides on a horse during an awareness rally aimed at preventing the spread of new coronavirus in Hyderabad, India, Thursday, April 2, 2020. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Mahesh Kumar A.)
SKY News
April 02, 2020 - 6:59 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Thursday related to the global economy, the work place and the spread of the virus. ____________ ZOOM: At the end of last year, the video-conferencing company Zoom had...
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In this image provided by Jay Woods, Woods, a Designated Market Maker with IMC and NYSE Floor Governor, who normally works on the New York Stock Exchange trading floor, works in his home office in Basking Ridge, N.J., Thursday, March 26, 2020. Stocks are opening lower on Wall Street, Friday, March 27, as the market gives back some of the gains it piled up over the past three days. (Shannon Woods/Courtesy Jay Woods via AP)
SKY News
March 27, 2020 - 5:22 pm
Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastation being caused by the coronavirus. The S&P 500 closed 3.4% lower, but still climbed 10.3% for...
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