flights

United adding and restoring October flights for leisure travelers

By 2 months ago

United Airlines announced Friday that it plans to add new routes and restore dozens more routes to its October schedule. The new and returning routes mean the Chicago-based airline will be flying 46% of last October’s domestic schedule, an 8% increase over September.

The airline is also restoring eight Hawaii routes, wagering that Hawaii will allow out-of-state visitors to return without quarantining for 14 days beginning Oct. 1. The Aloha State is already requiring both transpacific and inter-island travelers to submit a digital application with their health and contact information, and once it allows out-of-state visitors to return, officials plan to institute a “resort bubble” that will keep tabs on them but allow them to move between islands.

Forget about a Hawaii vacation until at least October:  COVID-19 spike delays tourism reopening

‘Safe travels’:  Hawaii to require visitors to fill out online form before travel

The airline said it

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Travelers Ebb But China, US Expand Flights: Airlines in Focus

By 2 months ago

Per a recent Airlines for America (A4A) study, the number of air travelers being screened by the Transportation Security Administration (TSA) plummeted nationally. On average, there has been a 50% reduction in flight departures with states like New York, Hawaii, Washington DC, Vermont, Massachusetts and New Jersey reporting more than 80% decline in the TSA checkpoint volumes.

Low Traffic

The latest total traveler throughput as of Aug 17 was 773,319. Prior to the ongoing global health crisis, U.S. airlines were transporting a record 2.5 million passengers and 58,000 tons of cargo each day. As travel constraints and stay-at-home orders were implemented, demand for air travel dropped sharply. In short, the estimated COVID-19-triggered loss outbreak is at least more than $98 billion in the first half of 2020.

Majority of the airline stocks have depreciated over the past week, causing the NYSE ARCA Airline Index to decline 5.6% to $55.94, showing

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American booking full flights next week; Big Lots still busy

By 4 months ago

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus.

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RETAIL ROUNDUP:

— Big Lots is seeing the continuation of strong demand that started in mid-April, with second quarter-to-date comparable sales through fiscal June increasing well ahead of expectations.

The discount retailer now anticipates second-quarter comparable sales will be up by a mid-to-high twenties percentage. Big Lots said Friday that it is in a very strong liquidity position, with current cash and short-term investments of approximately $890 million, and no amounts drawn on its $700 million revolving credit facility.

— Shopping mall owner Intu Properties is scrambling to avoid bankruptcy after failing to strike a deal with its creditors. The London-based company is being hammered by lower rent payments from retail clients during

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