The U.S. economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic
Tomas Romero, CEO of World Atlantic Airlines, has been successful in his bid to acquire the assets of defunct Miami Air International.
Hertz filed for bankruptcy Friday night, the latest victim of the sudden economic downturn sparked by the Covid-19 pandemic.
More than half of the 15.8 million travel-related jobs in the U.S. have disappeared since the outbreak of the COVID-19 pandemic.
Air Canada said Friday it plans to lay off at least 20,000 employees because of the coronavirus pandemic. Canada’s largest airline said the cuts affect more than half of the company’s 38,000 employees.
Peter Cerda, the regional vice president for the Americas at the International Air Transport Association (IATA), says the state of the global airline sector, including carriers in the Caribbean, is “as bad as one could expect”.