American is the most leveraged US-based major airline due to its fleet renewal program and the covid-19 pandemic. As the pandemic wreaked havoc on air travel demand and airlines’ business model, ...
A major US airline announced it will accept online booking payments from Venmo to attract younger flyers. Customers are shown a pop-up window with a QR code to scan on the payment app.
United came into the pandemic with a reasonable amount of debt, its gross debt covered EBITDA roughly 2 times in 2019 and 4.2 times in 2022. United, like all airlines, materially increased its ...