omicron

American Airlines reported fourth-quarter revenue of $9.4 billion on Thursday. Even though that number represents a 17 percent drop from the same period in 2019—the last normal year of travel—it was the highest revenue the airline has achieved throughout the pandemic.  The airline says this is a signal that people want to travel—even with the […]

In reporting its fourth-quarter results, United Airlines (NASDAQ:UAL) said it faced  “headwinds” from the emergence of the omicron variant of COVID-19 that have hurt demand for travel and are expected to slow its overall recovery. However, the company said it expects stronger performance this spring and summer. For the quarter, the Chicago-based airline reported revenue […]

Editor’s Note: This article originally appeared on FreightWaves.com. The rise in COVID infections fueled by the omicron variant and bad weather that has forced passenger airlines to cancel thousands of flights is now disrupting operations at FedEx Express.[insert stock ticker] The parcel and freight carrier warned recently that staffing problems resulting from rising infection rates […]

Event originally slated for January has been rescheduled for April.