As Airlines Accept Federal Aid The Treasury Department Is Asking How They Expect To Pay It Back
The economic-relief bill passed last week gives the Treasury Secretary the power to take an equity stake in airlines that get taxpayer help.
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The economic-relief bill passed last week gives the Treasury Secretary the power to take an equity stake in airlines that get taxpayer help.
Southwest Airlines will reduce flights by more than 40%, to 2,000 flights a day from May 3–June 5.
With Dallas Love Field Airport and hundreds of others across the country virtually empty, Southwest made the decision to cancel 1,500 flights each day.
As Dallas-based Southwest Airlines suspends all international flights, Fort Worth-based American Airlines is extending wavier dates for change fees.
Airlines have requested $50 billion in assistance from the federal government during the coronavirus pandemic.
U.S. airlines -- including Fort Worth-based American Airlines and Dallas-based Southwest Airlines -- are asking the federal government for billions in relief to help them recover from a downturn in travel due to COVID-19.
Saying that the coronavirus has caused a severe recession in the airline industry, Southwest Airlines CEO Gary Kelly announced that he will take a 10% pay cut as fears about the virus spread and airline bookings continue to decline.
The coronavirus is having a negative impact on Dallas-based Southwest Airlines operating revenue.
Southwest said it has taken steps to address the report's key findings, and it "adamantly" disagreed with the critique of its safety culture.
The Dallas-based airline is giving 60,000 employees a $667-million profit-sharing bonus.
A yet to be released report by the Transportation Department allegedly details a pattern by Southwest Airlines of flying passengers on planes with unconfirmed maintenance records.
Despite profits tumbling more than 21% Dallas-based Southwest Airlines still plans on sharing more than $650 million with employees.
Southwest Airlines has given notice that they are delaying putting Boeing 737 Max back on their schedule until at least early June.
The FAA said Friday the violations occurred on 44 Southwest's planes over more than three months.
After reaching an agreement with Boeing for financial damages from the Max jets grounding, Southwest Airlines is sharing some $125 million from the settlement with its employees.
Southwest Airlines has received $12.5 million in tax credits for a major expansion that could bring 1,000 new jobs to Denver International Airport over the next eight years.
The proposals involve a part of the engine assembly on the Boeing 737 NG or Next Generation models, not the Max.
An engine on Southwest Flight 1380 exploded over Pennsylvania in 2018, killing one passenger. Today the NTSB will present their findings as to what caused the engine failure.
In her book, "Nerves of Steel," Shults wrote about her experiences that helped her navigate that fateful day.
Should they take their business elsewhere? The president of the pilots association thinks so when it comes to the Boeing 737 Max jets and Southwest Airlines.
Southwest said repairs on some used Boeing 737 jets it bought were done, but not properly classified by previous owners. Southwest downplayed any risk to safety.
The airlines are monitoring information from Boeing and the FAA about software improvements and pilot-training that will be part of returning the plane to flight.
Renee Steinaker said she was working on a flight from Phoenix to Pittsburgh when she went into the cockpit and noticed an iPad mounted to the windshield, live streaming from one of the plane's lavatories.
Southwest Airlines is holding its own through the grounding of its Boeing 737 Max aircraft fleet, reporting a 7% jump in profits.
