Autos & Transportation

Business

The biggest U.S. airlines reached an agreement in principle with the federal government on financial assistance aimed at preventing layoffs in an industry hit hard by the coronavirus pandemic.

Heard on the Street

Forgoing cheap flights from Boston to Rome will be tough for Norwegian Air Shuttle’s customers but necessary for its investors.

Business

From airlines to car makers, companies are planning to gear up again. The new normal will look anything but, with safety shields, blood tests and plenty of space between customers.

Markets

Lazard and Evercore will help Boeing analyze government aid and potential funding from the private market, people familiar with the matter said.

Autos Industry

Auto makers in China suffered their bleakest ever quarter in January through March, as the coronavirus pandemic closed factories and dealerships for several weeks, and eviscerated consumer demand.

The Middle Seat

Some airlines, cruise ships and other travel companies have been slow delivering money back for trips canceled by the coronavirus pandemic.

Markets

The coronavirus pandemic has upended the airline industry. Now, the sector’s pain is spreading to a little-known corner of the market where investors have enjoyed heady returns for years.

Shipping Matters

Oceangoing shipping companies are keeping commerce moving around the world as governments try to keep their staggering economies propped up and supplies heading to increasingly strained communities. But many operators are going into survival mode themselves, as the coronavirus pandemic takes a toll on trade.

Business

President Trump said he was looking at whether to ground some domestic air travel between cities that are coronavirus hot spots to slow the spread of the pandemic.

The Middle Seat

Travelers are finding roadblocks to getting their money back from trips canceled by the coronavirus pandemic—even when the law requires it.

Heard on the Street

Big carriers like American Airlines are getting all the attention for the unprecedented damage that Covid-19 is causing airlines. Most of the action, though, may end up happening at the regional level.

NewsPlus

China is mulling measures to stimulate auto sales and tweak policies for electric vehicles to offset the slump in the industry amid the coronavirus pandemic.