Transportation
Transportation Articles
United Airlines reported a second-quarter net loss of $5.79 per share and $1.48 billion in revenue, compared with consensus estimates that called for a net loss of $9.02 in EPS and $1.32 billion in...
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U.S. airlines' offers to employees to take early retirement or other extended leaves are being accepted by significant proportions of employees as both the airlines and the employees try to avoid...
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U.S. travelers have shunned travel during the COVID-19 pandemic, but the drop in air travel has been substantially greater than the decline in automobile travel.
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American has been one of the great U.S. airlines for decades. Laying off 25,000 people, about the population of a small U.S. city, is a sign that it faces a set of unprecedented challenges.
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American Airlines may be joining the list of companies that are furloughing employees during this coronavirus pandemic.
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Delta Airlines reported second-quarter earnings Tuesday that missed already low estimates. The company's CEO expects the effects of the COVID-19 pandemic to last for more than two years.
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United Airlines may lay off as many as 36,000 employees in October. Its new CEO will waive his salary until the end of the year. But what does that mean exactly?
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Some stocks perform poorly even in good markets, just like some stocks do well even in bad markets. FedEx Corporation (NYSE: FDX) has seen its share of ups and downs over time, but the company has...
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Trucking company YRC Worldwide scored a $700 million CARES Act loan to cover short-term obligations and to enable planned capital spending.
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FedEx reported fiscal fourth-quarter financial results after markets closed Tuesday. The firm reported $2.53 in earnings per share (EPS) and $17.4 billion in revenue, compared with consensus...
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The International Air Transport Association has proposed that countries replace mandatory quarantines for foreign travelers with a series of measures the group says will protect passengers and get...
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American Airlines has reportedly added $500 million to the amount the company plans to raise in new debt and stock offerings, bringing the total raised to $4 billion.
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American Airlines is the latest of the major U.S. carriers to raise capital as the industry suffers through its worst crisis ever.
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CSX CEO says the rail company has responded well to the pandemic slump and aims to take market share from the trucking industry.
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United Airlines plans to raise $5 billion in new debt using its frequent flyer rewards as collateral. By the end of September the company expects to have about $17 billion in liquidity.
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