Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Airline industry faces a shakeup as jet fuel hits hard
The competitive landscape for U.S. airlines is confronting seismic turbulence as energy price spikes wreak havoc on the industry. Why it matters: Rising fuel and labor costs are squeezing airlines — and pushing higher fares and fees onto…
Spirit Airlines 'pleads for help from Trump' as collapse looms
Spirit Airlines has reportedly asked the Trump administration for an emergency bailout as the struggling airline nears closer to financial collapse amid increasing fuel prices. The air carrier approached the current administration with hopes of…
American Airlines rejects merger talks with United Airlines
April 17 (Reuters) – American Airlines said on Friday that it was not interested in a merger with United Airlines and had not held any such talks, diminishing prospects of an industry-reshaping deal that would face tough regulatory scrutiny.
'Looking For Lifeline': Spirit Airlines Asks Trump Admin For Emergency Bailout
Bankrupt Spirit Airlines appears to be flying on fumes, with a late Friday report indicating the budget carrier has become so desperate for cash that it has approached the Trump administration for an emergency bailout, even as creditors mull…
American Airlines denies M&A talks with United (AAL:NASDAQ)
American Airlines () announced that it had not engaged in discussions with United Airlines () regarding a merger and that it was not interested in such a deal, sending the company's stock lower in post-market trading on Friday.
The 3 major airlines that have plunged into administration - all flights cancelled
The airline industry is currently facing huge challenges This year has seen the collapse of various airlines worldwide, as the industry continues to face financial challenges driven by high labour costs, geopolitical chaos, and widespread…
American Airlines Shuts Down United Merger Talk As Wells Fargo Signals Another Possible Tie-Up
Certainly this past week saw several key stories in the aviation world. First came the story that Spirit Airlines could be liquidated at any moment, only to be followed later in the week by reports that the budget carrier had asked the Trump…
Airline worker stole plane, performed barrel roll before deadly crash: Inside final moments
This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255). Richard Russell spent his final moments alone, sick and disoriented, cracking…
United Airlines flight to NYC diverted to Pittsburgh after bomb scare
A United Airlines Flight heading to LaGuardia was hastily diverted to Pittsburgh after pilots feared there was a “potential bomb” on board. United Flight 2092 was heading to The Empire State from Chicago's O'Hare Airport early…
Allegiant: Airline Stocks Rise Amid Conflict Optimism, Challenges Remain (Upgrade) (ALGT)
Allegiant Travel Company (ALGT) is reiterated at Hold, with valuation reasonable but significant uncertainty ahead of Q1 earnings on April 30. ALGT posted strong Q4 results—$2.72 EPS, 4.5% revenue growth, and industry-leading 99.9%…
United Airlines flight bound for New York diverts over 'bomb threat
A plane bound for New York diverted over a 'possible bomb' alert. United Airlines flight UAL2092 from Chicago was heading for the famous city on Saturday (April 18) but diverted to Pittsburgh around morning local time. It is reported the jet issued…
Fort Worth-based American Airlines issues statement rebuffing rumors of possible merger with United
Travel 'American Airlines is not engaged with or interested in any discussions regarding a merger with United Airlines,' the Fort Worth-based airline said in a statement. FORT WORTH, Texas — American Airlines issued a statement Friday…
Jet fuel surge puts Spirit Airline's recovery at risk
ORLANDO, Fla. – Reuters reported this week that a surge in jet fuel costs has put Spirit's plan to emerge from bankruptcy in jeopardy and raised the risk of liquidation. The report said immediate liquidation is not expected, but the…
Spirit Airlines Asks Trump Administration For Taxpayer Bailout. That's A Terrible Idea
Spirit Airlines is reportedly asking the Trump administration for a taxpayer-funded bailout to avoid liquidation. The answer should be: no way. According to The Air Current, which first broke the story, Spirit Airlines has approached the Trump…
American Airlines Rejects United Merger, Praises Trump, Signals Bigger Shakeup
American Airlines has rejected the idea of a merger with United Airlines, but its carefully worded statement leaves open the potential of consolidation in a different way. American Airlines has now publicly rejected the idea of a merger with United…
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