Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
American Is the Latest Airline to Raise Baggage Fees
is the latest airline to boost bag fees as the industry contends with a rapid run-up in the price of fuel. American said Thursday that it would raise the cost of checking a first and second bag by $10 each, following similar moves by United, Delta…
American Airlines Becomes Latest US Carrier to Raise Bag Fees
American Airlines Group Inc. is increasing its checked bag fees, making it the latest US carrier to bump up prices in an effort to absorb surging jet fuel costs. The Fort Worth, Texas-based carrier will charge passengers $50 for the first checked…
Price hikes, outlook cuts - What airlines are doing as fuel costs surge
A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise financial outlooks. SCROLL TO CONTINUE WITH CONTENT Jet fuel prices have soared from $85 to $90…
Airlines hike fees: Here's what it costs to check a bag now
(NewsNation) — Jet fuel costs have surged since the war with Iran began, prompting major airlines to raise baggage fees and trim schedules. American Airlines on Thursday became the latest U.S. carrier to hike checked bag fees, following…
Turkish Airlines Replaces Management, Names New CEO and Chairman
Turkish Airlines carried out a sweeping management overhaul by replacing its chief executive officer and chairman, installing a new leadership team as the global aviation industry grapples with flight restrictions and high fuel costs. The carrier…
United Airlines Holdings Inc. stock outperforms competitors on strong trading day
Shares of United Airlines Holdings Inc. UAL rose 1.42% to $97.67 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.62% to 6,824.66 and the Dow Jones Industrial Average…
American Airlines raises bag fees as jet fuel costs continue to rise
Nation/World American Airlines is the latest air carrier to hike prices for checked bag fees as higher fuel costs take hold of the airline industry. WASHINGTON — American Airlines announced it's raising fees for checked bags, becoming the…
Which airlines have cancelled flights to the Middle East? Latest as ceasefire at risk
Global air travel faces severe disruption, with the ongoing conflict in the Middle East continuing to impede access to key hubs lik e Dubai, Doha, and Abu Dhabi. British Airways is making permanent changes to its network, announcing the…
Southwest Airlines Limits Passengers To One Portable Charger On Flights
Southwest Airlines is limiting passengers to one lithium portable charger each - 'to strengthen our ability to contain and mitigate lithium battery incidents, including reducing the risk of battery fires,' the airline said in a Tuesday statement.
American Airlines raises checked bag fees, joining Delta, United, others
American Airlines raised its checked bag fees this week, imposing steeper increases on basic economy passengers than on other travelers — a move that sets it apart from rivals making across-the-board adjustments. Tickets booked this week…
Southwest Airlines: Upgraded To Buy Despite Oil Shock (NYSE:LUV)
Southwest Airlines Co. faces significant headwinds from higher oil prices, inflation, and GDP pressures, but strategic cost management could offset these challenges. Despite trading at 10.7x EV/EBITDA, LUV could see a price target of $53.52 in a…
New Fees Hit Major Airline Flyers As Fuel Prices Continue To Rise
As jet fuel costs continue to rise, a couple of the most reliable U.S. airlines are raising their checked baggage fees to help offset some of the financial burden. Delta Air Lines and Southwest Airlines have announced that, starting April 8 and 9…
Turkish Airlines Brings on New Chairman and CEO in Latest Exec Shakeup
The new appointments at Turkish Airlines are the latest in a set of executive shuffles that have taken place across the airline industry. Turkish Airlines announced Thursday that it is shaking up with its executive ranks with a new chairman and…
Airlines Jack Up Fees to Cover Rising Fuel Costs Amid War
The Strait of Hormuz has been closed for weeks amid the ongoing U.S.-Israel war against Iran. As global economic systems brace for the major oil shock expected to roil markets when the last pre-war oil shipments arrive at global ports, major…
American Airlines becomes the latest major U.S. carrier to raise baggage fees (AAL:NASDAQ)
American Airlines Group (AAL) became the latest U.S. carrier to increase prices for checked bag fees as it looks to offset higher jet fuel prices. The Texas-based airline will increase the fee by $10 to check a first piece of luggage…
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