Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
International Consolidated Airlines Group advances Thursday, outperforms market
Shares of International Consolidated Airlines Group S.A. IAG advanced 2.18% to £4.79 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 1.67% to 10,652.87.
India's toxic crop waste could fuel global airlines, study finds
Every year, farmers in India burn millions of tonnes of stalks, husks and other plant matter left after a harvest that has long contributed to winter smog in South Asia. But the agricultural waste – also known as crop residue – could…
Airlines call for 'immediate intervention' in EU entry-exit system
Airlines and airports have warned that they have reached a “critical point” in the implementation of the new EU biometric border control system, calling for more powers for countries to completely suspend the procedures during July…
FAA proposal: Supersonic airliners can fly over US cities if they're quiet
A long-standing ban on commercial supersonic flights over the United States would be overturned in a new rule proposed by the US Federal Aviation Administration. That could pave the way for the possible return of commercial supersonic…
Jet fuel prices drop, but airlines stick to high fares as summer travel holds strong
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Major UK airline plunges into administration - in business since 1997
A regional airline has gone into administration. A rescue deal to save a UK airline that has been in business for over 25 years has collapsed after it was plunged into administration. Eastern Airlines lost its contract with KLM, leaving it…
American Airlines annouces a new Chicago - Tokyo Route - Economy Class & Beyond
After a day of leaks, American Airlines has finally confirmed it is to launch a route between Chicago O'Hare and Tokyo Narita Airport. The route will launch on 27th March 2027, with the route becoming the airline's 11th “long haul”…
American Airlines Agents Said I Needed A 24-Hour Delay To Switch Airlines. Its Own Contract Says Otherwise
I have an American Airlines flight to Philadelphia that kept delaying. The plane had gone mechanical at its origin and our departure was pushed out 5 hours (which meant it could certainly be delayed even more). So I looked award flight options and…
Europe's Airports and Airlines Urge EU to Suspend Entry/Exit System This Summer
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Airlines shun ₹10,000-crore ATF subsidy as fuel prices fall
The ₹10,000-crore jet fuel price stabilisation programme has failed to take off, with no airline signing up for the scheme as a decline in international oil prices eroded its appeal, sources said. The Union Cabinet last month approved a…
UK airline that offered 200 flights per day to disappear for good after 29 years
Eastern Airways, which operated regional services from airports across the UK, entered administration at the end of last year. The firm suffered financial difficulties after the loss of a contract with airline KLM. Now, a potential rescue deal for…
BMO Capital Markets Increases United Airlines (NASDAQ:UAL) Price Target to $157.50
United Airlines (NASDAQ:UAL - Get Free Report) had its price objective upped by BMO Capital Markets from $130.00 to $157.50 in a report released on Thursday, Benzinga reports. The firm currently has an 'outperform' rating on the transportation…
American Airlines CEO Robert Isom Was On The Ropes. Now The Pilots Union Has Moved On To Complaining About Uber Black
What a difference a few months makes. At the beginning of the year, American Airlines CEO Robert Isom was under tremendous pressure. The airline had just completed a year where they basically broke even, as Delta and United were earning record…
BMO Capital Markets Forecasts Strong Price Appreciation for American Airlines Group (NASDAQ:AAL) Stock
American Airlines Group (NASDAQ:AAL - Get Free Report) had its price objective boosted by research analysts at BMO Capital Markets from $13.50 to $19.50 in a report issued on Thursday, Benzinga reports. The firm currently has a 'market perform'…
United Airlines Holdings Inc $UAL Stock Holdings Lessened by iA Global Asset Management Inc.
iA Global Asset Management Inc. reduced its stake in shares of United Airlines Holdings Inc (NASDAQ:UAL - Free Report) by 90.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,477…
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