David Schaper

David Schaper appears in the following:

American Airlines And United Report Nearly $4 Billion In Combined Losses

Thursday, April 30, 2020

Few industries have been as hard hit by the pandemic as airlines, as the number of air travelers has plummeted.

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Boeing Cuts Its Workforce Due To The Coronavirus Crisis

Wednesday, April 29, 2020

The airplane manufacturer said it will eliminate nearly 16,000 jobs. Airlines are on pace to lose about $300 billion this year and aren't likely to be buying planes anytime soon.

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Boeing's Bottom Line Reels From Coronavirus, 737 Max Groundings

Wednesday, April 29, 2020

Boeing reported a narrower 1st quarter loss than Wall Street expected. It was already dealing with its 737 Max problems, and now the coronavirus is attacking Boeing's financials too.

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Boeing CEO Sees Years Of Recovery From Coronavirus Ahead For Aviation Industry

Monday, April 27, 2020

David Calhoun says airlines are "grounding fleets, deferring airplane orders, postponing acceptance of completed orders, and slowing down or stopping payments."

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Airlines Offer Vouchers, Credits For Canceled Flights. Customers Want Cash

Tuesday, April 21, 2020

A new survey suggests nearly 60 million Americans are losing money because of canceled plans. And would-be travelers are getting the runaround, even when they are legally entitled to a full refund.

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Boeing To Reopen Some Production Plants With New Worker Safety Protocols

Friday, April 17, 2020

The aerospace giant said it will begin opening plants in Washington state in phases, despite a drop in orders for its planes.

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Airlines Reach Agreement With Treasury Department On Share Of Coronavirus Aid

Tuesday, April 14, 2020

To prevent mass layoffs of airline employees, Congress authorized $50 billion in grants and loans for the carriers, as part of the $2.3 trillion economic relief package approved last month.

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Boeing Mulls Federal Relief Package That Comes With Strings

Tuesday, April 14, 2020

Boeing's airplane plants are closed. Idled employees don't know when or if they'll return to work. The aerospace giant is weighing a request for federal aid as it also considers downsizing and layoffs

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Airlines Want To Cancel Rule Requiring Them To Refund Fares For Canceled Flights

Tuesday, April 07, 2020

An industry group says airlines around the world are burning through cash and can't afford to pay refunds to customers for canceled flights, despite regulations requiring it.

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Airline Flights Into And Out Of New York City Cut Drastically Because Of Coronavirus

Monday, April 06, 2020

A spokesperson said American Airline's busiest flight out of LaGuardia Sunday only had 27 passengers and nine flights from JFK and LaGuardia had one passenger on each.

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Boeing And Airbus Halt Production; Future Of Airplane Manufacturing Uncertain

Monday, April 06, 2020

Airbus and Boeing halt production of its jets because of the coronavirus. Orders for new planes have fallen as air travel has plummeted due to the pandemic.

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Airlines Apply For Relief Payments Amid Coronavirus Slowdown

Friday, April 03, 2020

In return for a share of billions of dollars, the companies must say how they expect to pay it back and not lay off workers through Sept. 30, among other restrictions.

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To Stay Aloft With Federal Aid, Airlines Must Keep Flying

Thursday, April 02, 2020

To get a share of $50 billion in aid, airlines must maintain minimal service to where they fly now, and no consolidating flights between carriers.

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Federal Relief Aid To Airlines Comes With Strings Attached

Thursday, April 02, 2020

The government explains what airlines must do to get a share of $50 billion in aid. It includes maintaining minimal service to where they flow now, and no consolidating flights between carriers.

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Relief Package Includes Billions For Boeing And Airlines

Friday, March 27, 2020

Air travel has rapidly decreased, and Congress has stepped up with assistance: more than $60 billion in aid for airlines, as well as Boeing and some of its critical suppliers.

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Airlines And Boeing To Receive Billions Through Aid Bill

Thursday, March 26, 2020

As air travel screeches to a near-halt, Congress is coming to the rescue with some big assistance: more than $60 billion in aid for airlines, as well as Boeing and some of its critical suppliers.

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With Transportation Industry In Trouble, Workers Wait For Federal Aid Package

Tuesday, March 24, 2020

Airlines say they will likely have to lay off thousands of workers if Congress can't pass a coronavirus economic relief package soon. Amtrak, bus lines and subways are suffering, too.

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United Airlines Threatens To Cut Jobs If Coronavirus Aid Package Isn't Passed

Friday, March 20, 2020

Individuals and businesses are slashing air travel. For example, about 624,000 people passed through airport security checkpoints Thursday, compared to 2.4 million people on the same day last year.

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Airlines Request $50 Billion Bailout In Face Of Near-Standstill

Monday, March 16, 2020

Airlines asked for a $50 billion federal bailout as air travel comes to a near halt. An industry group says the sudden drop is "having an unprecedented and debilitating impact on U.S. airlines."

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Ethiopian Officials Say Faulty Boeing Software Played Role In Deadly 737 Max Crash

Monday, March 09, 2020

The findings of the interim report were released a day before the anniversary of the crash of Nairobi-bound Ethiopian Airlines Flight 302.

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