TOMORROWS TRANSPORTATION NEWS TODAY!

Tag: devastating

Delta Contributes $100,000 to American Red Cross Haiti Earthquake Relief Effort

Delta Air Lines will contribute $100,000 to the American Red Cross to support relief efforts in Haiti following a devastating 7.2 magnitude earthquake that struck the  country on August 14.

The affected region is home to more than 800,000 people. This donation enables the global Red Cross network in its efforts helping families impacted by the earthquake. The Haitian Red Cross with the support of the global Red Cross Red Crescent network are leading efforts to aid families, including providing first aid and helping with search and rescue efforts.

This contribution is in addition to the $1 million grant to the American Red Cross as an Annual Disaster Giving Program (ADGP) partner.

The American Red Cross is Delta’s longest-standing non-profit partner, and the partnership has allowed the airline, its customers and employees to help people in need around the world since 1941. For more information on the services of the Red Cross, please visit redcross.org or cruzrojaamericana.org.

Qantas Shares Near $2 After Morning Drama

Qantas Group shares came perilously close to dropping below $2 on the day the airline announced it was suspending two-thirds of its staff.

Shares plummeted from $2.53 on Wednesday to a low of $2.03 before making a partial recovery to close out the day on $2.14. In December, stocks in Qantas were selling for $7.46.

Virgin Australia had a difficult day itself, with shares closing down 12 per cent to just $0.059.

Earlier in the day, Qantas Group dramatically said it was cancelling all international flights from late March and “standing down” 20,000 employees.

Click the link below to read the full story!

https://australianaviation.com.au/2020/03/qantas-shares-near-2-after-morning-drama/