Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
$11M Southwest Airlines fine waived by DOT
The U.S. Department of Transportation announced it will waive the remaining $11 million in fines Southwest Airlines owed as part of a record $140 million penalty over its operational meltdown during holiday travel in 2022. “In lieu of a…
India regulator faults airline CEO amid severe disruption
Indian regulators held IndiGo's chief executive accountable for the severe disruptions that have roiled the country's biggest airline in recent days, faulting the company for “significant lapses in planning, oversight and resource…
Trump administration waives $11 million fine for Southwest Airlines' 2022 holiday meltdown
The Trump administration said it will credit Southwest Airlines with $11 million from its fine over its 2022 holiday meltdown that stranded about 2 million customers. The Transportation Department in late 2023 ordered Southwest to pay a $140…
IndiGo: India's storied airline stumbles
IndiGo - the airline that once redefined punctuality and scale in India - cancelled hundreds of flights nationwide, undone by its biggest operational crisis yet: a potent mix of misjudged pilot requirements under new rules and a risky…
IndiGo Flight Cancellations Live Updates: DGCA pulls up airline; govt says airport ops back to normal
DGCA issues notices to IndiGo CEO: Aviation regulator DGCA has issued show-cause notices to IndiGo CEO Pieter Elbers and Accountable Manager Isidro Porqueras over massive flight disruptions that have stretched on for six consecutive days. The…
Amid Indigo Crisis Exploring 9 Major Airlines That Disappeared from Indian Skies
For the last few days, Indigo is facing turbulence with numerous flight cancellations and consumer aggression. While Indigo rules India's aviation market share, the recent downhill reminds us of the recurring pattern of airlines evolving and…
Parliamentary panel to summon airline executives, regulator over flight disruptions
A parliamentary panel is likely to summon top executives of private airlines and the civil aviation regulator over the mass cancellation of IndiGo flights that has left thousands of travellers stranded across the country's airports. The…
Gul Panag points out 'real issue' of airline safety and pilot fatigue has been pushed to the back burner amid Indigo fiasco: 'Narrative of chaos'
It's a lesser known fact that actor Gul Panag is also a certified private pilot. She obtained her Private Pilot's License in 2016 after training at Chimes Aviation Academy in Madhya Pradesh. An even lesser known fact is that her husband Rishi…
Marshall Wace LLP Increases Stake in American Airlines Group Inc. $AAL
Marshall Wace LLP boosted its holdings in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 319.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,019,492 shares of the…
Airline Stocks To Watch Now - December 6th
Why a 20-Second Flight Test Could Unlock Billions for Vertical American Airlines Group, United Airlines, Southwest Airlines, Delta Air Lines, Alaska Air Group, Joby Aviation, and Air Lease are the seven Airline stocks to watch today, according to…
Airline Stocks To Add to Your Watchlist - December 5th
SoFi Technologies: From Fintech Speculation to Profit Engine Southwest Airlines, United Airlines, American Airlines Group, Delta Air Lines, Joby Aviation, Alaska Air Group, and Ryanair are the seven Airline stocks to watch today, according to…
Marshall Wace LLP Has $42.27 Million Stock Holdings in United Airlines Holdings Inc $UAL
Marshall Wace LLP lifted its stake in United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 511.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 530,772 shares of the…
At Fiji Airways, A New CEO Battles For A Bluer South Pacific
Paul Scurrah, CEO of Fiji Airways, at the Fiji Airways Aviation Academy in Nadi. On the talcum-fine sands of Fiji's Wailoaloa Beach, Paul Scurrah stood knee-deep in the reality of his job last week. The newly appointed CEO of Fiji Airways was…
Southwest Airlines (NYSE:LUV) Sets New 1-Year High - Time to Buy?
Southwest Airlines Co. (NYSE:LUV - Get Free Report) shares hit a new 52-week high during trading on Friday. The stock traded as high as $37.99 and last traded at $37.4070, with a volume of 7161721 shares traded. The stock had previously closed at…
Investors Purchase High Volume of Put Options on American Airlines Group (NASDAQ:AAL)
American Airlines Group Inc. (NASDAQ:AAL - Get Free Report) saw some unusual options trading activity on Friday. Investors purchased 233,500 put options on the company. This is an increase of approximately 76% compared to the typical volume of…
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