The bad news is that people still have very little interest in flying in the middle of a pandemic. But the silver lining — for investors at least — is that at least some airlines are accepting and adapting to that reality. Delta Air Lines Inc said it would add back only about 500 flights in August, down from an ...

Britain’s Chancellor of the Exchequer Rishi Sunak has enjoyed the kind of popularity usually reserved for rock stars and royalty. Urbane without being aloof and one of the government’s best communicators, he has put the full weight of the Treasury into cushioning the economic blow of the pandemic and preserving jobs. Now he has to figure out how to pay ...

Bloomberg American Airlines Group Inc will notify 25,000 employees, or 29% of its US workforce, that they’re at risk of losing their jobs later this year as the carrier adjusts to a collapse in travel. The cuts are needed because the coronavirus pandemic is still battering demand for flights, the company told employees. The reductions would take effect after restrictions ...