Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
I litigated the JetBlue-Spirit merger. A few thoughts on the future of antitrust in the airline industry
Spirit Airlines' collapse, like its launch more than three decades ago, will impact consumers and the airline industry—and the Antitrust Division's airline-enforcement program—for years to come. Spirit's limited leg space and…
'Why waste a crisis?': AirAsia to launch new airline, defying high oil costs
AirAsia X co-founder Tony Fernandes said he is preparing to launch a new airline, betting that expanding while the aviation industry's being roiled by high oil prices will pay off in the future. The new airline will be announced in the next month…
AirAsia to Start New Airline, Stays Defiant on Fuel Hedging
AirAsia X Bhd. co-founder Tony Fernandes said he's preparing to launch a new airline, betting that expanding while the aviation industry's being roiled by high oil prices will pay off in the future. The new airline will be announced in the next…
International Consolidated Airlines Group advances Wednesday, outperforms market
Shares of International Consolidated Airlines Group S.A. IAG advanced 6.75% to £3.91 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 2.15% to 10,438.66.
Prediction: These 2 Airline Stocks Will Rebound Before Year's End
The Iran war has led to a new round of turbulence for the airline industry. The sudden spike in crude oil prices represents a significant headwind. There may also be some impacts on international travel demand due to safety concerns. The underlying…
This airline is the best bet to fill Spirit's void
Wall Street seems to have crowned Frontier Airlines as the main beneficiary of Spirit Airlines' demise — judging by the stock's 20% move higher this week. Markets also like that Frontier has enough liquidity to withstand the onslaught of…
Southwest Airlines Co. stock outperforms competitors on strong trading day
Shares of Southwest Airlines Co. LUV rallied 4.51% to $41.50 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.46% to 7,365.12 and the Dow Jones Industrial Average DJIA…
The Saudi Airline Preparing to Launch Just as Iran Upends Travel
When Saudi Arabia unveiled plans in 2023 for a new airline that could take on regional champions Emirates and Qatar Airways, the aviation industry was back in full swing after the pandemic, with packed planes driving fares higher and lifting…
I Grew Up in Poverty. Spirit Airlines Was My Lifeline.
Spirit Airlines, the ultra-low-cost flyer that shut down operations last weekend, was often the butt of jokes. As a frequent Spirit flyer, this meant I was used to being on the receiving end of these jokes. Would I wear multiple layers to the…
United Airlines Holdings Inc. stock outperforms competitors on strong trading day
Shares of United Airlines Holdings Inc. UAL rose 6.80% to $100.04 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.46% to 7,365.12 and the Dow Jones Industrial Average…
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Malaysia Airlines & Mumbai Indians launch 'Cricket at 30,000 Feet' campaign
Malaysia Airlines and Mumbai Indians have launched a campaign film titled Cricket at 30,000 Feet, featuring players Rohit Sharma, Hardik Pandya and Trent Boult. The film centres on a Mumbai Indians fan whose flight journey turns into a…
American Airlines passenger assaulted by 'emotionally unbalanced' seatmate, suit says
An 82-year-old Florida man was attacked without warning by a stranger aboard a commercial flight from Palm Beach to Charlotte, North Carolina, resulting in severe head and brain injuries, according to a federal lawsuit reviewed by The Independent.
What happens when an airline collapses? Expert on Spirit shutdown
When Spirit Airlines abruptly shut down all operations after failing to secure a federal bailout, the immediate fallout was felt well beyond stranded passengers. The sudden loss of a major ultra-low-cost carrier stripped out millions of seats from…
Airline fuel costs jumped 56 percent in March: Transportation Department
Airline fuel costs went up 56 percent in March, according to the Department of Transportation (DOT) — a sharp spike in the first full month after the outbreak of the Iran war. In a Wednesday release, the DOT's Bureau of Transportation…
Which airlines are cancelling flights to UK over jet fuel shortages?
The price of flights has been rising since the start of the conflict in the Middle East, a worry for anyone planning a summer holiday. Some airlines are also cutting back the number of flights they are operating, which could mean travellers facing…
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