Beechcraft King Air turboprop aircraft are seen on the assembly line at the Textron Aviation Inc. production facility in Wichita, Kansas, U.S., on Thursday, June 7, 2018. Luke Sharett | Bloomberg | Getty Images Business-jet maker Textron Aviation on Wednesday said it will furlough thousands of U.S. employees, as the rapid spread of coronavirus hurts the
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An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, March 21, 2019. Lindsey Wasson | Reuters Boeing said Tuesday that it is supporting $60 billion in government support for the aerospace industry hit hard by the coronavirus pandemic. President Donald Trump earlier said his administration would support
An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, March 21, 2019. Lindsey Wasson | Reuters Boeing is speaking with Trump administration officials about potential aid for the aircraft manufacturer and others in its supply chain as coronavirus and measures to contain it roil the travel
A gate area at Fort Lauderdale-Hollywood International Airport is crowded with travelers awaiting Delta flight 1420 to Atlanta Saturday, March 14, 2020. John Scalzi | AP The Trump administration is weighing “all options” to curb the coronavirus outbreak in the U.S., including an outright halt to on domestic air travel, a senior official said Sunday.
A Delta Air Lines Boeing 777 James D. Morgan | Getty Images Delta Air Lines and the union that represents its more than 14,000 have agreed to let the carrier offer partially paid time off for aviators through June, and possibly longer, as coronavirus devastates travel demand. Delta and other carriers are scrambling to cut costs,
The Norwegian Cruise Line Norwegian Bliss cruise ship passes through John Hopkins Inlet in Glacier Bay, Alaska, July 11, 2019. Tim Rue | Bloomberg | Getty Images The coronavirus pandemic has brought the bulk of the cruise industry to a standstill as Royal Caribbean and Norwegian Cruises announced Friday the suspension of operations. Norwegian Cruises
An aircraft operated by British low cost airline Easyjet moves past other aircrafts as a rainbow is seen at Amsterdam Airport Schiphol on March 9, 2020 in Schiphol, Netherlands. Yuriko Nakao | Getty Images President Donald Trump‘s surprise announcement to ban visitors from most of Europe amid the coronavirus pandemic is going to add to
People walk through a sparse international departure terminal at John F. Kennedy Airport as concern over the coronavirus grows on March 7, 2020 in New York City. Spencer Platt | Getty Images The U.S. travel and tourism industry could lose at least $24 billion in foreign spending this year because of the rapidly spreading coronavirus,
JetBlue CEO Robin Hayes said Tuesday that demand for airline flights has fallen more in response to the coronavirus than it did after 9/11. Hayes, appearing on CNBC’s “Closing Bell,” said the industry saw a 30% decline in demand from August 2001 to October 2001. “Right now, what we’re seeing as we go into March and
People look out from aboard the Grand Princess cruise ship, operated by Princess Cruises, as it maintains a holding pattern about 25 miles off the coast of San Francisco, California on March 8, 2020. Josh Edelson | AFP | Getty Images The coronavirus-stricken Grand Princess cruise ship moved toward the Port of Oakland Monday in
An employee works near a Boeing 737 Max aircraft at Boeing’s 737 Max production facility in Renton, Washington. Lindsey Wasson | Reuters The Federal Aviation Administration has formally rejected Boeing‘s proposal that it not modify nor move wiring bundles in 737 Max airplanes, according to people familiar with the decision. Boeing says the bundles do
If you’ve been considering overseas retirement spots, the rapid spread of the new coronavirus around the globe might be giving you pause. That may not be a bad thing, say some experts. While it’s tricky to predict where and when any contagion — whether this coronavirus or another pathogen — will emerge, a key consideration
Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, July 1, 2019. Lindsey Wasson | Reuters Boeing‘s 737 Max was “marred” by technical problems, a lack of transparency and other issues, according to preliminary findings of a House investigation, released on Friday, into the beleaguered plane.
The number of extreme trail runners is on the rise, particularly in Asia. CNBC attended HK100, an annual race in Hong Kong, where participants from around the world gather to run 100 kilometers, slightly more than 62 miles. If that sounds like a lot, it is. Even the fastest runners took around 12 hours to
A United Airlines passenger jet takes off with New York City as a backdrop, at Newark Liberty International Airport, New Jersey. Chris Helgren | Reuters United Airlines said Wednesday that it will reduce the number of April flights and suspend hiring and salary increases amid the global coronavirus outbreak that has hurt travel demand. United will
A United Airlines flight attendant wearing a face mask walks out of the international terminal at the San Francisco International Airport in Millbrae, California, January 31, 2020. Yichuan Cao | Sipa USA | AP Images No hot towel service. Disposable cups. Plenty of masks for passengers and crews. Paid leave. The largest flight attendants union
People buy water, food and toilet paper at a store, as they begin to stockpile essentials from fear that supplies will be affected by the spread of the COVID-19, coronavirus, outbreak across the country, in Los Angeles, California on February 29, 2020. Mark Ralston | AFP | Getty Images Canned food is one thing. Cash
Jane Bryant Quinn, personal finance expert and author. Jane Bryant Quinn In an era when everyone with a checkbook fancies himself a money guru and blogger, it’s refreshing to see “How to Make Your Money Last” by Jane Bryant Quinn updated and reissued. Jane eschews the typical and bland bromides, such as “eat ramen” and
Getty Images Travel restrictions aimed at stemming the spread of coronavirus are sparking worries about lower attendance and ticket sales at sporting events and concerts, members of the ticketing industry said. It’s the combination of people not being able to travel and the fear that restrictions will be imposed while people are abroad that is
Summer Mutz’s dream of visiting Europe was finally arriving this weekend — a trip to Rome, Vienna and Paris with a friend. But with the novel coronavirus sweeping the globe and the number of cases in Italy surging, what once seemed like a wonderful milestone was now a source of fear and anxiety. “I literally