Airlines – Page 8 – THE OVAL CIRCLE

‘Nothing attractive’: Warren Buffett’s Berkshire sells ALL stakes in US airlines, reports $50bn Q1 loss amid Covid-19 shutdown

Posted on May 3, 2020May 3, 2020By Editor

With Berkshire Hathaway Inc reporting a record quarterly loss of nearly $50bn amid the economic fallout from the Covid-19 pandemic, Warren Buffett remains optimistic that in the long run, “nothing can stop America.” … Read More >‘Nothing attractive’: Warren Buffett’s Berkshire sells ALL stakes in US airlines, reports $50bn Q1 loss amid Covid-19 shutdown

Cash-strapped global airlines seek billions in government bailouts to survive

Posted on March 17, 2020March 17, 2020By Editor

The airline industry is in crisis because of the coronavirus pandemic. The Italian government announced on Tuesday it plans to re-nationalize the bankrupt Alitalia airline under an emergency economic rescue plan. … Read More >Cash-strapped global airlines seek billions in government bailouts to survive