Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
International Consolidated Airlines Group slips Tuesday, underperforms market
Shares of International Consolidated Airlines Group S.A. IAG slid 2.98% to £3.98 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the FTSE 100 Index UKX falling 0.04% to 10,265.32. International…
18 airlines cancelling flights for May half-term as fuel crisis staggers on
Airlines have been forced to cancel flights during the May half-term amid soaring jet fuel prices. Jet fuel prices have rocketed amid the Middle East conflict, with the situation heightened by Iran's blockade of the Strait of Hormuz, through which…
The Hidden Reason Your Summer Airline Ticket Feels More Expensive
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. As the calendar was turning to May, my wife and her best friends from high school were trying to book a summer trip to…
Low-Cost Airlines 'Ripe' For Mergers, Deutsche Bank Analyst Says
The US airline industry is primed for a new round of mergers as low-cost carriers are squeezed by the oil-price spike, according to Deutsche Bank analyst Michael Linenberg. As gasoline and ticket prices rise, companies like JetBlue Airways Corp.
Flying the unfriendly skies: A business ethicist says goodbye to Spirit Airlines
I flew Spirit Airlines out of LaGuardia on April 28th. With the announcement just days later that the carrier was shutting down, it felt a little like catching the last chopper out of Saigon. Then again, every time you flew Spirit felt a little…
All the airlines cancelling flights and adding extra charges amid jet fuel crisis
Airlines have dramatically escalated flight cancellations for May, new figures reveal, as the industry grapples with soaring jet fuel prices and concerns over potential shortages. Data from aviation analytics firm Cirium shows 296 departures from…
Jet Fuel Shortage Deepens Pressure On Global Airlines
Heathrow's April passenger numbers fell 5% to 6.7 million, with Middle East traffic down 50%. Transfer traffic rose 10% as travellers rerouted through Heathrow to Asia and Oceania. Airlines are facing mounting pressure from jet fuel shortages and…
Med hotspots you can fly to from £20 as airlines SLASH fares to entice Brits
AIRLINES are cutting the price of flights to encourage nervous Brits to book their holidays. Experts have already warned that in the long term, flights are going to go up in price. Last week, British Airways owner IAG said prices will inevitably go…
Organized Money: Who Killed Spirit Airlines?
Spirit Airlines is dead, and everyone is pointing fingers: Was it the war in Iran that killed Spirit? Joe Biden's Justice Department? Antitrust regulation? Jet fuel? Lina Khan?! Today on the show, we demystify Spirit's demise with William J. McGee…
Airlines issued fare price warning over strict EU rules
European airlines will not be allowed to add fuel surcharges to tickets, the European Commission has warned. It comes amid fears that rising jet fuel costs will hike up holiday prices this summer. The ongoing war in the Middle East and the closure…
United Revives Junk-Rated Muni Sale in Tough Time for Airlines
United Airlines Holding Inc. is returning to the municipal bond market with a junk-rated $256 million sale, after last year's volatility forced it to postpone the deal. The two series for George Bush Intercontinental Airport in Houston include $150…
UK airline suddenly plunges into liquidation - in business since 2004
Major airlines collapse into liquidation with all flights cancelled A UK airline operating flights at Gatwick Airport and Stansted Airport has been forced into liquidation. Ascend Airways has cancelled all flights with immediate effect and will…
18 airlines continue to cancel flights because of the fuel crisis
Airlines have been forced to cancel flights during the May half-term amid rocketing jet fuel prices. Jet fuel costs have surged as a result of the Middle East conflict, with the situation further aggravated by Iran's blockade of the Strait of…
18 airlines cancelling flights including May half term as fuel crisis continues
Airlines have been forced to axe flights during the May half-term holiday as jet fuel costs continue to surge. Aviation fuel prices have soared dramatically amid the Middle East crisis, with the situation exacerbated by Iran's blockade of the…
18 airlines cancelling flights including May half-term amid fuel crisis
Airlines have been compelled to scrap flights during the May half-term as jet fuel prices spiral. The cost of jet fuel has soared due to the Middle East conflict, with the situation exacerbated by Iran's blockade of the Strait of Hormuz, a waterway…
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