Tag: airplane industry

Congress and President Donald Trump, having doled out $25 billion in payroll grants plus a similar sum in low-interest loans to the airline industry in April, are seeking a second bailout, possibly as part of…

The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus. The Transportation…

WICHITA, Kan. (AP) — Thousands of Spirit AeroSystems employees in Wichita and other locations are being furloughed for three weeks without pay amid an outbreak of a novel coronavirus that has paralyzed air travel around…

Former Federal Reserve chairman Ben Bernanke compared the national economy to a Looney Tunes character: magically floating in the air for a moment after running off a cliff before inevitably plummeting in 2020. About half…