Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
What impact could Spirit bailout have on airline industry
The president wants to bail out Spirit Airlines. Here's what that might mean for the industry.
Which airlines are cancelling flights to UK over jet fuel shortages?
The price of flights has been rising since the start of the conflict in the Middle East, a worry for anyone planning a summer holiday. Some airlines are also cutting back the number of flights they are operating, which could mean travellers facing…
Stock Movers: American Airlines, L'Oreal
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for…
American Airlines Lowers Earnings Goal as Fuel Bill Surges
American Airlines Group Inc. lowered its full-year earnings target, saying it may end 2026 with a loss as the carrier absorbs $4 billion in additional fuel costs from the war in Iran. The new forecast ranges from a loss 40 cents to a $1.10 profit…
Pence-aligned group blasts Trump's reported Spirit Airlines rescue deal
The advocacy group founded by former Vice President Mike Pence is pushing back on the Trump administration's reported plan to rescue Spirit Airlines, becoming the latest conservative voice to oppose the idea. In a new memo first obtained by The…
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 their financial outlooks. SCROLL TO CONTINUE WITH CONTENT Jet fuel prices have soared from $85 to…
Ryanair says airlines will 'abandon' popular EU hotspot if new rule goes ahead
Ryanair has slammed the new aviation tax imposed on a major holiday hotspot and urged it to be ditched in a bid to boost visitor numbers. The beautiful country of Austria offers a scenic escape, thanks to its dramatic backdrops of snow-capped…
Busy European airport offers discount to airlines amid Iran war
Amsterdam's Schiphol airport is set to offer airlines a temporary 10 per cent discount on airport charges, aiming to alleviate the financial strain caused by the ongoing conflict in the Middle East. The measure, applicable only to daytime flights…
American Airline Cuts Outlook After Jet Fuel Shock Bill
American Airlines slashed its full-year outlook on Thursday morning, warning it could post a loss in 2026 as the Iran-U.S. war, which sent jet fuel prices soaring, adds roughly $4 billion in fuel costs. The airline now expects full-year results…
Why is the Trump administration considering bailing out Spirit Airlines?
The fate of Spirit Airlines could affect ticket prices across the industry, which is why the Trump administration is considering a bailout, sources confirm. Kris Van Cleave has more details.
Tesla earnings, the future of Spirit Airlines, WBD shareholder vote and more in Morning Squawk
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. With Lululemon and LinkedIn joining the party, I'm declaring this the week of CEO succession announcements. Stock futures are falling…
What jet fuel crisis means for your summer holiday as 30 airlines axe flights
A deepening jet fuel crisis is leaving Brits scrambling over their summer holiday plans - with more than 30 airlines axing flights or adding extra charges. Thousands of holidaymakers in the UK have already been affected by the ongoing war in the…
15 airlines cancel flights amid fuel crisis as 20,000 axed and fares surge
Tens of thousands of flights have been axed this week alone as a result of soaring jet fuel costs. The conflict in the Middle East and the closure of the Strait of Hormuz have sparked a dramatic rise in kerosene prices. Reuters reports that 'jet…
American Airlines cuts profit outlook after Iran war spikes fuel prices
American Airlines cut its profit outlook on Thursday, making it the latest company in the industry to do so as the war in Iran continues to cripple the global energy market. American saw a $4 billion increase in expenses related to higher prices…
United Airlines may raise fares by 20% to match Iran war fuel price spike
As the airline industry looks to its peak summer travel season, United Airlines may need to raise fares by as much as 20 percent as a result of rising fuel prices tied to the Iran war. Speaking on an earnings call on Tuesday, United CEO Scott Kirby…
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