marketcrash
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air travel
11/18/2022
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By Kevin Hughes
Travelers blast PRICE GOUGING by airline companies as airfare prices jump 43%
Travelers took to social media to decry overcharging by airline companies as travel fares went up by more than 40 percent over the past year. The Daily Mail reported that several travelers blasted airlines for exorbitant air fare. One traveler deemed the current rate “unacceptable,” while another slammed “atrocious” airlines for charging high prices to people who simply […]
03/02/2022
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By Mary Villareal
Advisory: Do not travel to Russia, Ukraine, Belarus and Moldova
Americans set to visit Russia are advised to reconsider their plans because of its ongoing conflict with Ukraine. A new Department of State advisory tells citizens to avoid travel to Russia as fighting rages on. The Feb. 28 advisory stated: “Do not travel to Russia due to the unprovoked and unjustified attack by Russian military forces in Ukraine, […]
02/24/2022
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By Arsenio Toledo
Over 14,000 “ghost flights” flew out of UK airports following suspension of a rule preventing such flights
More than 14,000 “ghost flights” have departed from airports in the United Kingdom, according to newly revealed official figures. A ghost flight is defined as an airline flight that sets out towards its destination either with no passengers at all or with less than 10 percent of its passenger capacity filled. Ghost flights have been […]
01/07/2022
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By Mary Villareal
Air carrier makes thousands of “ghost flights” to avoid losing privileges at major airports
Brussels Airlines reportedly made around 3,000 ghost flights, or flights with little to no passengers on board, over winter to avoid losing take-off and landing rights at European airports. The air carrier is expected to make many more by the end of March 2022. Lufthansa Group, the airline’s parent company, confirmed that there had been […]
10/19/2020
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By Zoey Sky
Coronavirus has made jet fuel so cheap it’s now being used to fuel ships
As the coronavirus continues to batter the U.S., businesses have been doing whatever they can to keep businesses open — this, even as lockdowns have kept customers indoors. Unfortunately, this also includes massive layoffs, leaving people to rely on their savings or financial aid from the government. The once-thriving airline industry is among the hardest hit […]
07/09/2020
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By Franz Walker
United Airlines preparing to furlough 36,000 workers due to coronavirus collapse
United Airlines has announced plans to furlough up to 36,000 workers – just under half of its U.S. workforce – due to losses sustained from measures to stem the spread of the Wuhan coronavirus (COVID-19). On Wednesday, the Chicago-based carrier stated that it may furlough up to 15,100 flight attendants, 2,250 pilots, 11,000 airport operations personnel. […]
05/07/2020
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By Franz Walker
Mnuchin: “Too hard to tell” when international travel will resume as coronvirus ravages airlines
As the ongoing coronavirus (COVID-19) continues to wreak havoc on the airline industry, Treasury Secretary Steven Mnuchin advised Americans to focus on domestic travel this year. According to Mnuchin, the international travel outlook for the rest of the year remained uncertain. Responding to a question from Fox Business Network‘s Maria Bartiromo on whether international travel would be […]
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