marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
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 […]
02/22/2021
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By Virgilio Marin
Thousands of US aircraft sit dormant amid coronavirus travel restrictions
Rows after rows of airplanes gather dust in airfields across the country as the Wuhan coronavirus (COVID-19) pandemic continues to exact its toll on the aviation industry. Stunning aerial images of airfields depict thousands of passenger jets and military aircraft parked on the ground. Photographer Jassen Todorov took the pictures after visiting multiple locations to capture scenes of crowded airstrips. […]
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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