Shares of both airlines plunged in after-hours trading Friday.
Companies asked Treasury for the amount they paid in salaries and benefits in the second and third quarters of 2019, and must agree to keep their workforce until Sept. 30 and maintain a certain level of air service.
Most U.S. airlines are temporarily waiving coronavirus-related change and cancellation fees but are not issuing cash refunds.
A Senate bill would grant up to $50B in secured loans, but bars cash grants
Boeing Co is in talks with senior administration officials and congressional leaders about short-term assistance
The virus outbreak hit just as the industry was forecasting mostly solid growth in 2020. A key measure of airlines' revenue was expected to rise 4.1% globally, according to the IATA.
Trip cancellations have spiked but there is optimism that travelers will postpone their trips.
Private jet companies have seen a surge in business as major airlines are hit with slowing sales and canceled flights amid coronavirus.
FAA's change will keep airlines from losing their slots at busy airports.
Delta and Southwest air lines are taking enhanced precaution when it comes to cleaning planes including Delta's new method called "fogging."
American Airlines said Tuesday it will suspend flights to China and Hong Kong until Oct. 24.
CEO Gary Kelly takes a 10% pay cut as rival carriers American and Delta trim flight schedules.
Worldwide, the virus outbreak that began in China could cost airlines as much as $113 billion in lost revenue.
Here's a roundup of some of the most iconic free airline snacks.
Frontier Airlines had the least on-time flight arrivals in the last months of 2019.
Delta Airlines had the most on-time flights in the last months of 2019
Southwest Airlines on Thursday extended cancellations of 737 MAX flights through early August as the grounding of the Boeing jet drags on, potentially affecting the carrier's profits during the upcoming U.S. summer travel season.
The report said Southwest Airlines operated more than 150,000 flights carrying 17.2 million passengers on 88 used Boeing 737 jets without confirmation that required maintenance had been completed.
The draft audit reportedly found fault with the FAA, too.
The whistleblower alleged that the approval last February of Southwest's Hawaii plans was part of a wish list prepared by industry 'to help the airlines recover financially' from a partial government shutdown in December 2018.