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…
Amid Uncertainties, Delta CEO Ed Bastian Warns Oil Crisis Could Reshape Airline Industry
Like many airline executives, Delta CEO Ed Bastian has been forced to respond to the ongoing oil crisis caused by the Iran war by raising fares and cutting flights. But he sees bigger changes on the horizon. Sustained fuel price hikes could lead to…
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…
International Consolidated Airlines Group rallies Wednesday, outperforms market
International Consolidated Airlines Group S.A. IAG shares rose 8.11% to £3.89 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 2.51% to 10,608.88. International…
When will airline ticket prices come down? What to expect if Iran war ceasefire holds, Strait of Hormuz remains open
On the heels of a two-week ceasefire in the Iran war—which requires reopening the Strait of Hormuz, a critical oil passageway—benchmark U.S. crude oil prices sank to $94.98 a barrel on April 8, down 16%. That's left many Americans…
China Considers Financial Aid for Airlines Hit by Oil Shock
China is considering financial relief and other measures for its struggling state-run airlines as the Iran war sends fuel costs soaring, according to people familiar with the matter, in what could be the industry's biggest lifeline since the Covid…
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…
FAA floats penalty for airline over flight attendants' drug allegations
The Federal Aviation Administration (FAA) has proposed a $255,000 civil penalty against American Airlines, alleging the carrier violated federal drug and alcohol regulations by allowing flight attendants who tested positive to return to duty…
These 4 airlines have raised checked bag fees as fuel costs soar
Delta Air Lines and Southwest Airlines announced this week they are raising prices for checked bags, joining a growing number of U.S. carriers grappling with higher jet fuel costs linked to the war in Iran. The two airlines raised prices by $10 for…
What would peace in the Gulf mean for airlines and passengers?
After the apparent 11th-hour deal between the US and Iran, Donald Trump cannot pretend that Middle East geopolitics will resume much as before, just with a militarily neutered foe. Neither can airlines and passengers expect to revert to the way…
How to save money on flights as airlines raise prices
Airlines are raising fares, increasing fees to check bags and adding fuel surcharges to offset higher jet fuel prices amid the Iran war. The hikes will strap budget-conscious consumers, travel experts said. But there are still ways for travelers to…
Southwest follows three other US airlines in raising baggage fees
Southwest Airlines has become the fourth major US carrier to raise baggage fees in response to the war in Iran. The airline that was once known for its “bags fly free” perk is raising checked baggage fees by $10 as a result of jet…
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…
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