Key PointsBoeing has named Stan Deal as new head of commercial airplanes shares continued their slide Monday after last week revealed a top pilot had concerns about a system on the 737 Max that was later implicated in two fatal crashes.Several Wall Street analysts downgraded Boeing, fretting about the fallout from the crisis that has barred the manufacturer from delivering its best-selling planes that make up around 40% of its profit.Boeing's stock fell 3.8% Monday to a two-month low of $331.06, shaving 88 points off the , but had pared losses from earlier in the session.The messages made...…Key PointsBoeing has named Stan Deal as new head of commercial airplanes shares continued their slide Monday after last week revealed a top pilot had concerns about a system on the 737 Max that was later implicated in two fatal crashes.Several Wall Street analysts downgraded Boeing, fretting about the fallout from the crisis that has barred the manufacturer from delivering its best-selling planes that make up around 40% of its profit.Boeing's stock fell 3.8% Monday to a two-month low of $331.06, shaving 88 points off the , but had pared losses from earlier in the session.The messages made...WW…

Key Points said Wednesday it will stop blocking seats on its planes starting May 1, the last U.S. airline to end the Covid-19-era policy as more .Delta first started blocking middle seats and limiting capacity on smaller planes in April near the start of . Other airlines had similar policies, including , and , but they have since gone back to .Southwest in January estimated it had an $80 million revenue boost from opening up all seats a month earlier.Physically distancing from other passengers is extremely difficult on an airplane. Delta and other carriers have repeatedly said filtration...…Key Points said Wednesday it will stop blocking seats on its planes starting May 1, the last U.S. airline to end the Covid-19-era policy as more .Delta first started blocking middle seats and limiting capacity on smaller planes in April near the start of . Other airlines had similar policies, including , and , but they have since gone back to .Southwest in January estimated it had an $80 million revenue boost from opening up all seats a month earlier.Physically distancing from other passengers is extremely difficult on an airplane. Delta and other carriers have repeatedly said filtration...WW…

Key PointsIn this article said the jobs of roughly 14,000 employees are at risk when a second round of federal aid expires this spring, the latest sign of how the industry is struggling to regain its footing in the Companies are legally required to inform employees if their jobs are in jeopardy often two months in advance. It does not mean these workers will ultimately lose their employment, though. United is turning to new voluntary measures to reduce its head count.United and recently started recalling thousands of employees they furloughed when the first round of government payroll...…Key PointsIn this article said the jobs of roughly 14,000 employees are at risk when a second round of federal aid expires this spring, the latest sign of how the industry is struggling to regain its footing in the Companies are legally required to inform employees if their jobs are in jeopardy often two months in advance. It does not mean these workers will ultimately lose their employment, though. United is turning to new voluntary measures to reduce its head count.United and recently started recalling thousands of employees they furloughed when the first round of government payroll...WW…

Key PointsThe Federal Aviation Administration on Monday said it would continue to on unruly passengers, extending the zero-tolerance policy it implemented in January. Airlines have reported more than 500 cases since late December, according to the agency.Most of those cases were related to travelers who refused to wear face masks, which both airlines and the federal government require for commercial air travel, the FAA said."I have decided to extend the FAA's unruly-passenger zero-tolerance policy as we continue to do everything we can to confront the pandemic," FAA Administrator Steve...…Key PointsThe Federal Aviation Administration on Monday said it would continue to on unruly passengers, extending the zero-tolerance policy it implemented in January. Airlines have reported more than 500 cases since late December, according to the agency.Most of those cases were related to travelers who refused to wear face masks, which both airlines and the federal government require for commercial air travel, the FAA said."I have decided to extend the FAA's unruly-passenger zero-tolerance policy as we continue to do everything we can to confront the pandemic," FAA Administrator Steve...WW…

IE 11 is not supported. For an optimal experience visit our site on another browser.SKIP TO CONTENTBy Delta Air Lines, which received billions of dollars in federal aid last year, is paying managers bonuses ranging from a few thousand dollars to more than $100,000 to make up for pay cuts at the start of the pandemic last year.Frontline workers like flight attendants, pilots and others in non-managerial positions are not receiving bonuses.Last year, Delta cut managers’ pay and also reduced thousands of workers’ hours by 25 percent to help weather the pandemic’s plunge in travel demand, a...…IE 11 is not supported. For an optimal experience visit our site on another browser.SKIP TO CONTENTBy Delta Air Lines, which received billions of dollars in federal aid last year, is paying managers bonuses ranging from a few thousand dollars to more than $100,000 to make up for pay cuts at the start of the pandemic last year.Frontline workers like flight attendants, pilots and others in non-managerial positions are not receiving bonuses.Last year, Delta cut managers’ pay and also reduced thousands of workers’ hours by 25 percent to help weather the pandemic’s plunge in travel demand, a...WW…

Key Points is getting rid of ticket-change fees for most of its tickets, but travelers who are buying its cheapest fares should pack light.The New York-based airline on Tuesday said starting July 20 it will guarantee overhead bin space for its standard coach fares up to its Mint business class. But travelers who booked Blue Basic, the airline's cheapest option, won't be allowed to use overhead bin space, a policy put in place when it started selling no-frills basic economy tickets in 2017.If JetBlue can't make good on its promise it will give travelers a $25 credit. That's a relatively easy...…Key Points is getting rid of ticket-change fees for most of its tickets, but travelers who are buying its cheapest fares should pack light.The New York-based airline on Tuesday said starting July 20 it will guarantee overhead bin space for its standard coach fares up to its Mint business class. But travelers who booked Blue Basic, the airline's cheapest option, won't be allowed to use overhead bin space, a policy put in place when it started selling no-frills basic economy tickets in 2017.If JetBlue can't make good on its promise it will give travelers a $25 credit. That's a relatively easy...WW…

rocked the aviation world last week with a for 's aircraft leasing arm, General Electric Commercial Aviation Services, or Gecas. For GE, it marks CEO Larry Culp's latest move to slim down the conglomerate, raise cash and pay down debt. After the deal closes the remnants of GE Capital will be folded into the main business. GE would have a 46% stake in the combined company.For aviation, the deal would combine the world's two largest aircraft lessors into a behemoth with even more power to negotiate prices with manufacturers like Airbus and . Together, the two companies would own or manage...…rocked the aviation world last week with a for 's aircraft leasing arm, General Electric Commercial Aviation Services, or Gecas. For GE, it marks CEO Larry Culp's latest move to slim down the conglomerate, raise cash and pay down debt. After the deal closes the remnants of GE Capital will be folded into the main business. GE would have a 46% stake in the combined company.For aviation, the deal would combine the world's two largest aircraft lessors into a behemoth with even more power to negotiate prices with manufacturers like Airbus and . Together, the two companies would own or manage...WW…

Key PointsPresident will sign a travel ban Monday on most non-U.S. citizens entering the country who were recently in South Africa, where a new strain of Covid-19 has been identified, a person familiar with the situation told CNBC.Biden will also reinstate travel restrictions on the entry of non-U.S. citizens from the U.K. and Brazil, where new Covid strains have emerged. The restrictions will also apply to Ireland and much of Europe. Former President had rescinded the restrictions just before Biden took office.Reuters first reported news of the travel restrictions on Sunday.Dr. Anne...…Key PointsPresident will sign a travel ban Monday on most non-U.S. citizens entering the country who were recently in South Africa, where a new strain of Covid-19 has been identified, a person familiar with the situation told CNBC.Biden will also reinstate travel restrictions on the entry of non-U.S. citizens from the U.K. and Brazil, where new Covid strains have emerged. The restrictions will also apply to Ireland and much of Europe. Former President had rescinded the restrictions just before Biden took office.Reuters first reported news of the travel restrictions on Sunday.Dr. Anne...WW…

Key PointsBoeing CEO Dave Calhoun on fourth-quarter results and $6.5 billion charge posted a record annual loss of nearly $12 billion, taking a $6.5 billion charge in the fourth quarter on its newest airplane which it now doesn't expect to debut until 2023, more than two years behind schedule.The company's problems stemming from two deadly 737 Max crashes have snowballed in the . A plunge in travel demand has roiled airlines' finances and devastated sales, including of its newest jet, the 777X. Those weaker appetites and additional scrutiny of new aircraft following the 737 Max crisis will...…Key PointsBoeing CEO Dave Calhoun on fourth-quarter results and $6.5 billion charge posted a record annual loss of nearly $12 billion, taking a $6.5 billion charge in the fourth quarter on its newest airplane which it now doesn't expect to debut until 2023, more than two years behind schedule.The company's problems stemming from two deadly 737 Max crashes have snowballed in the . A plunge in travel demand has roiled airlines' finances and devastated sales, including of its newest jet, the 777X. Those weaker appetites and additional scrutiny of new aircraft following the 737 Max crisis will...WW…

Key PointsIn this article is offering new incentives to flight attendants and pilots who show proof of that they have received a vaccination, the latest plan from a company to to get inoculated.The carrier will give flight attendants up to three additional days off for nearly 10 hours of pay in their 2022 vacation day bank if they show they have been fully vaccinated by June 9, according to a memo from their union sent Thursday.They will receive two days valued at 6.5 hours of pay if they receive the first dose between June 10 and July 1 and the second in the manufacturers' requirements,...…Key PointsIn this article is offering new incentives to flight attendants and pilots who show proof of that they have received a vaccination, the latest plan from a company to to get inoculated.The carrier will give flight attendants up to three additional days off for nearly 10 hours of pay in their 2022 vacation day bank if they show they have been fully vaccinated by June 9, according to a memo from their union sent Thursday.They will receive two days valued at 6.5 hours of pay if they receive the first dose between June 10 and July 1 and the second in the manufacturers' requirements,...WW…