Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Jet Fuel Supply to Take Months-Not Weeks-to Recover, Airline Industry Warns
Airlines are facing a prolonged period of jet fuel shortages and inflated prices despite a deal to reopen the Strait of Hormuz, the head of the International Air Transport Association said. That's because of how broad the disruption to supplies has…
Ceasefire lifts prospects for airlines, construction industry
A two-week ceasefire between the United States and Iran will pave the way for Korea's aviation and construction firms to ease cost pressures and improve earnings prospects amid falling global oil prices, industry officials said Wednesday.
Delta CEO Sees Fuel Crisis Spurring Structural Changes to the Airline Industry
Delta is now grappling with elevated fuel costs, causing the carrier to cut capacity and raise fares. Delta CEO Ed Bastian said the oil crisis is different from past crises due to the speed at which fuel prices have increased. Delta Air Lines CEO…
Airline and travel industries see no immediate relief from Iran ceasefire
SINGAPORE/HONG KONG – US President Donald Trump's two-week ceasefire with Iran is unlikely to provide immediate relief to the global aviation industry as it reels from its worst crisis in years, executives said on April 8, even as airline…
Jet Fuel Prices Will Take Months to Stabilize, Airline CEOs Say
The two-week ceasefire between the US and Iran is “positive” the aviation industry, but jet fuel and ticket prices will remain elevated for some time, said Willie Walsh, the head of the airline industry's global trade body.
Transportation Secretary says US airlines have 'room for some mergers
Transportation Secretary Sean Duffy said he wouldn't mind seeing some US airlines merge. In an interview with CNBC released on Tuesday, Duffy was asked if he would like to see bigger US airlines buying smaller ones. 'There's always chatter,' Duffy…
Airlines boss hints at summer holiday chaos over jet fuel supply
Do YOU have a story? Email sophie.carlin@dailymail.co.uk Get your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE A global airlines boss has hinted at summer holiday chaos, saying 'it will take months'…
Several US airlines raise baggage fees due to higher oil costs associated with Iran war
Several major US airlines have raised their baggage fees in recent days, blaming ongoing volatility in oil markets caused by the US-Israeli war in Iran that has almost doubled jet fuel prices. On Tuesday, Delta followed the lead of United Airlines…
Stock Movers: Levi Strauss, Delta Airlines, Venture Global
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…
Dallas-based Southwest Airlines setting new limits on portable chargers
Passengers who are set to fly with Southwest Airlines soon will see new restrictions on portable lithium chargers. The Dallas-based air carrier confirmed to CBS News Texas that it will start limiting customers to only one 100Wh (watt-hour) charger…
Airline and travel industries see no immediate relief from Iran ceasefire
U.S. President Donald Trump's two-week ceasefire with Iran is unlikely to provide immediate relief to the global aviation industry as it reels from its worst crisis in years, executives said on Wednesday, even as airline shares rallied after the…
Delta becomes latest US airline to raise checked baggage fees
Delta Air Lines is raising checked baggage fees as U.S. carriers try to offset skyrocketing jet fuel prices due to the war in the Middle East. Most passengers on Delta's domestic and short-haul international routes will pay $10 more for their first…
Airline Stocks Soar On Iran Ceasefire As IATA Sees 'Positive' Tailwinds, But Warns Jet Fuel Crisis Will Persist
Airline stocks are flying high in premarket trading in New York after the overnight ceasefire between the Trump administration and Tehran. The truce is a positive for the aviation industry, which has been locked in turbulence for six weeks, as…
DOT Sec. Duffy sees 'room' for more airline M&A (DAL:NYSE)
U.S. Transportation Department Secretary Sean Duffy said he sees “room” for more M&A activity in the airline industry. “Who knows who's going to match up, right? There's always chatter. But is there room for some mergers in the…
Union claims airlines are 'flying the plane' in Ottawa's unpaid work probe
Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: Enjoy unlimited reading on winnipegfreepress.com Read the E-Edition…
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