Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Watch Increased Jet Fuel Costs Hit Global Airline Industry
Increased Jet Fuel Costs Hit Global Airline Industry Airlines around the world are grounding more planes to cope with the increases in jet-fuel prices. Global capacity for May has been reduced by about 3 percentage points, with all but one of the…
First came the price rises. Now output is falling in industries ranging from airlines to chemicals.
Companies have moved on from lifting prices to now reducing output as a consequence of the war in Iran. The effective closure of the Strait of Hormuz since the beginning of the conflict, with no end yet in sight, has wreaked havoc on the production…
American Airlines Makes Surprise Gains With Customers, Survey Says
American Airlines passenger crowd a concourse at Charlotte Douglas International Airport in June 2024. A new survey of airline customer satisfaction showed a marked improvement at American Airlines even as rivals have repeatedly suggested that…
International Consolidated Airlines Group slips Wednesday, underperforms market
Shares of International Consolidated Airlines Group S.A. IAG slipped 3.37% to £3.79 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the FTSE 100 Index UKX falling 0.21% to 10,476.46.
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.
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…
Spirit Airlines reportedly negotiating rescue deal with Trump administration
The Trump administration is considering a rescue deal for Spirit Airlines, a company that filed for bankruptcy twice within the past two years, The Wall Street Journal reported. On Tuesday, President Trump, Transportation Secretary Sean Duffy and…
Spirit Airlines near deal with Trump administration for $500 million rescue package
The Trump administration on Wednesday neared a rescue deal for struggling Spirit Airlines, in a rare move to support a single air carrier. The deal, which has not yet been finalized, would offer $500 million to the discount airline, according to a…
KLM announces passengers 'will be rebooked' as airline cuts flights
KLM says passengers who are affected by the airline's recently announced flight cuts will be 'rebooked'. It comes amid reports of a jet fuel shortage across Europe due to the impact of the Middle East conflict. Last week, Fatih Birol, executive…
United Airlines Holdings, Inc. (UAL) Stock Forecasts
Based in Chicago, United Airlines Holdings is a global airline that transports passengers and freight through both mainline and regional operation Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio…
Trump administration in advanced talks for Spirit Airlines rescue package, source says
The Trump administration is in advanced talks for a financing package for Spirit Airlines, according to a person familiar with the matter. Spirit had been facing a potentially imminent liquidation, people familiar with the matter told CNBC last…
Spirit Airlines soars as prediction markets bet on a Washington rescue deal
Traders on Polymarket are increasingly betting on potential U.S. government involvement in Spirit Airlines (FLYYQ), assigning a 43% probability that Washington secures a stake in the airline by May 31. The growing conviction in prediction markets…
United Airlines Holdings, Inc. (UAL) Stock Forecasts
The major indices are higher at midday on Wednesday. President Trump said he would extend the ceasefire with Iran indefinitely, allowing the flood of earnings reports to dictate investor mood. Crude oil is at $92 per barrel, the yield on the 10-…
US Airlines Need an M&A Shake-Up, Not a Bailout
Nobody should want the government to operate or even invest in an airline. But that doesn't mean the Transportation Department can't provide a guiding hand to keep the industry's competition robust and maybe help undo some of the harm from past…
United Airlines Cuts Full-Year Forecast on Rising Fuel Costs - TT
A United Airlines airplane passes a Shell jet fuel truck at Vancouver International Airport. (James MacDonald/Bloomberg) United Airlines Holdings Inc. slashed its full-year profit forecast as higher fuel prices caused by war in the Middle East…
Receive a Daily briefing on Airline Industry News
Get Started