Bloomberg The global airline industry needs government aid and bailout measures totalling between $150 billion and $200 billion if it’s to survive the coronavirus crisis, according to the International Air Transport Association (IATA). Even then, the pandemic is likely to reshape the industry, with many airlines failing, others consolidating and entirely new groupings emerging, IATA Chief Executive Officer Alexandre de ...

Bloomberg United Airlines Holdings Inc will slash international flights by 85% in April, the most among major US carriers, as the coronavirus outbreak kills demand for air travel. The carrier will also reduce flights across the US and Canada by 42%, and is monitoring changes in local rules and government restrictions before further adjusting its schedule, it said in a ...

Bloomberg Flights to Chicago’s Midway Airport resumed, ending a temporary halt that occurred after technicians who work in the air-traffic control tower tested positive for the Covid-19 virus. The Federal Aviation Administration (FAA) had blocked flights departing from other airports to Midway as it switched control to a nearby air-traffic facility, according to an agency flight-tracking website. The restriction was ...