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UPDATE 1-Airline industry turmoil deepens as coronavirus pain spreads [Reuters]
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UPDATE 1-Airline industry turmoil deepens as coronavirus pain spreads * Qantas tells most of its 30,000 staff to take leave * India prepares $1.6 bln aviation rescue package - sources * U.S. offers $50 bln in loans to airlines but no grants (Adds American Airlines, easyJet staff memos, New Zealand travel advice) By Jamie Freed and David Shepardson SYDNEY/WASHINGTON March 19 (Reuters) - Airline industry turmoil deepened on Thursday as Qantas Airways Ltd told most of its 30,000 employees to take leave and India prepared a rescue package of up to $1.6 billion to aid carriers battered by coronavirus, government sources said. The U.N.’s International Civil Aviation Organization called on governments to ensure cargo operations were not disrupted to maintain the availability of critical medicine and equipment such as ventilators, masks, and other health and hygiene items that will help reduce the spread of the coronavirus pandemic. Passenger operations have collapsed at an unprecedented rate
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- American Airlines flight from Miami forced to return after possible maintenance issue, officials say [CBS News][CBS News]
- American Airlines Group (NASDAQ:AAL) was given a new $20.00 price target on by analysts at UBS Group AG. They now have a "buy" rating on the stock.[MarketBeat]
- Paralyzed Veterans of America Issues Statement in Response to DOT Amending Its Historic Penalty Against American Airlines [Yahoo! Finance][Yahoo! Finance]
- We checked out American Airlines new plane with lie-flat suites and upgrades [USA TODAY][USA TODAY]
- Senators seek to change bill that allows military to operate just like before the DC plane crash [Yahoo! Finance Canada][Yahoo! Finance Canada]
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