Delta Air Lines

One of Britain’s best-known billionaires by putting his Virgin brand on an array of businesses, including planes and trains, cola and bridal gowns, often taking an equity stake and licensing fees in exchange. Several of his biggest forays are focused on travel and tourism. Amid the new coronavirus pandemic, he now finds himself at the epicenter of the meltdown in those industries.

Several major U.S. airlines are preparing to apply this week for a $25 billion U.S. government loan program after winning billions in federal payroll grants, people familiar with the matter said.

Each airline has its own cancellation and delay policies, so it’s key to know what your specific airline says about refunds.

Major airlines are weighing options amid the coronavirus pandemic and may sell flight miles to credit card companies to survive.

Coronavirus relief negotiations continue between the airlines and US Treasury officials.

Every $1 billion in government aid would include $700 million in grants, $300 million in low-interest loans and an option for the government to buy $30 million in shares.

In a memo to employees Thursday, Delta CEO Ed Bastian asked for more volunteers to take unpaid leaves of absence.

During a coronavirus task force briefing on Thursday, President Trump said that a relief package for the airline industry could be coming as early as this weekend following discussions with "some of the airlines or all of the airlines".

As the number of grounded planes continue to mount, airlines face the unprecedented challenge of where to place them. 

Delta Air Line is blocking middle seats from customers during the coronavirus pandemic. Here's why.

United Airlines joined JetBlue and Delta in offering free, round-trip flights to health care workers.

Shares of both airlines plunged in after-hours trading Friday.

Delta expects second-quarter revenue to be down 90 percent.

Delta Airline's subsidiary is teaming up with Global Center for Medical Innovation to manufacture face shields to protect hospital workers during the COVID-19 pandemic.

Most U.S. airlines are temporarily waiving coronavirus-related change and cancellation fees but are not issuing cash refunds.

The stimulus package earmarks $25 billion in funds to assist U.S. airlines with payment of employee salaries and benefits.

To beef up its cash position during the coronavirus crisis, Delta has entered into a $2.6 billion secured credit facility and is drawing down $3 billion under its existing credit facilities.

A Senate bill would grant up to $50B in secured loans, but bars cash grants

Delta Air Lines said on Wednesday it was parking more than 600 jets, cutting corporate pay by as much as 50%, and scaling back its flying by more than 70%.

In the first two weeks of this month, the airline has had more than 1 million fewer customers than the same period last year, United said.