Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Travel expert flies on 'world's worst airline's' revamped aircraft
READ MORE: The UK's worst airlines REVEALED – with 'outrageous' budget carriers blasted for poor experiences Air India has been ranked as one of the world's worst airlines for over a decade. Last year, one of the airline's planes suffered a…
Iran War Has Airlines Reviewing Growth Plans as Fuel Costs Surge
Until last month, airlines couldn't get new aircraft fast enough, with both Airbus SE and Boeing Co. struggling to keep up with surging demand. The 10-day war in Iran has upended that outlook, as carriers weigh the implications on travel demand…
Asian Airlines Raise Fares, Mull Groundings as Fuel Crunch Looms
Airlines in Asia are raising ticket prices and mapping out contingency plans that include grounding planes as the escalating Middle East conflict threatens to trigger the worst oil shock since the 1970s. Indian carriers have hiked prices on…
Stock Market Today, March 9: American Airlines Rises as Oil Prices Fall
American Airlines Group (AAL +2.33%), closed at $11.44, up 2.33% today, erasing some of the month's losses as oil prices moved lower. The stock moved as markets reacted to a potential end to the conflict in Iran. Trading volume reached 152.4…
Cost of flights surges up to seven times higher as oil crisis hits airlines
The aviation sector faced major turbulence on Monday as airline stocks plummeted and airfares surged, driven by a sharp rise in oil prices amid the escalating US-Israeli conflict with Iran. Crude oil prices soared by 15 per cent, surpassing $105 a…
Airfares up, airline stocks down as Iran war spikes oil
Airline stocks were hammered on Monday, while airfares soared as the US-Israeli war with Iran sent oil prices surging, sparking fears of a deep travel slump and the potential for the widespread grounding of planes. Oil prices jumped 15% to above…
Airfares are likely to rise': Rising jet fuel costs send airline stocks reeling
Airline stocks sold off Monday as grounded flights and a spike in crude oil prices fueled concerns about shrinking profits from higher jet fuel costs. Shares of Delta Air Lines (DAL) dropped 5% before paring losses. American Airlines (AAL) declined…
Major airline extends suspension of Middle East flights as Iran war rages
Air France-KLM says it is extending its suspension of flights to and from Middle East airports as the Iran war rages. The airline said flights to and from Dubai and Riyadh will be suspended until March 12, and flights to and from Tel Aviv and…
American Airlines (AAL) Unveils $1B Expansion Plan for Miami International Airport
American Airlines Group Inc. (NASDAQ: AAL) is one of the cheap stocks that will go to the moon according to Reddit. On February 25, American Airlines and Miami-Dade County unveiled a $1 billion expansion plan for a reimagined Concourse D at Miami…
Biggest stock movers Monday: Airline stocks and more
Stock futures edged down Monday premarket while oil prices soared, fueling inflation fears as Middle East conflict persisted without signs of de-escalation. Here are some of Monday's biggest stock movers:…
Airline shares battered as oil prices spike, Iran war intensifies
HONG KONG: Surging oil prices and the escalating U.S.-Israeli war with Iran hammered airline stocks in Asia on Monday, piling pressure on carriers already navigating tight airspace as travellers scramble to evade the Middle East conflict. The war…
Everything we know as airlines issue latest travel advice amid Middle East war
As the Iran conflict intensifies fresh travel advice has been issued by major airlines, detailing their flight schedules. The updates comes as flights remain suspended or operate on reduced schedules following escalating Middle East tensions.
Major airlines collapse into liquidation as all flights cancelled - in business since 2002
Major airlines collapse into liquidation with all flights cancelled A major airline company has plunged into administration as it cancelled all its commercial flights. Royal Air Philippines has cancelled all of its commercial flights with over 3500…
Airline shares battered, airfares surge as Iran war intensifies
HONG KONG/FRANKFURT, March 9: Airline stocks were hammered on Monday, while airfares soared as the U.S.-Israeli war with Iran sent oil prices surging, sparking fears of a deep travel slump and the potential for the widespread grounding of planes.
Airline hails flight launch from 'hot spot' Scottish airport to major city
José A. Freig, vice-president for international and inflight dining operations at American Airlines, was at Edinburgh Airport this morning as the US carrier celebrated the start of daily flights to New York's JFK Airport. Mr Freig…
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