Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Nikkei Rises 0.4%, Led by Airline, Auto Stocks
0015 GMT — Japanese stocks are higher as fears about a further escalation of the Iran conflict ease for now. Airline and auto stocks are leading gains. Japan Airlines is up 4.2% and carmaker is 2.8% higher. The dollar is at 163.56 yen, down…
U.S. Jet Fuel Costs Soar as Iran War Hits Airlines Again
U.S. airlines are grappling with soaring jet fuel costs again after the return of hostilities in the Middle East shattered the three-week-long U.S.-Iran 'deal to make a deal' and sent Brent crude oil prices soaring past $100 per barrel again. The…
United Chased Delta and American. Now Airline M&A Has Stalled
The proposed merger represents United CEO Scott Kirby's high appetite for ambitious and large deals. United Airlines has been on the hunt for mega-deals, but none have materialized. United pitched a merger to Delta Air Lines, a deal that would have…
The foreign airline increasing flights and loyal to Israel
At a time when the security situation is very tense and some airlines are cancelling flights to Israel, Ethiopian Airlines announced at the end of last week that it would expand its activity on the Tel Aviv-Addis Ababa route during August. The…
Turkish Airlines Joins SAFFA Fund
Established in December 2023, the SAFFA Fund was launched to increase the production capacity of sustainable aviation fuels and support the carbon reduction targets of the aviation sector. While investing in SAF projects that have reached…
American Airlines Cut Its Full-Year Guidance. The Stock Rose 6.8% the Next Day.
American Airlines (AAL +6.79%) reported second-quarter results on Thursday and lowered its outlook for the year. Initially, investors were spooked, and the stock fell about 8% to close at $13.56. Then on Friday they bought it back. Shares rose 6.8%…
Morning Business Report: United approached Delta about potential airline merger
(LILAMAX)- United Airlines approached Delta Air Lines last year about a potential merger that would have combined two of the most valuable U.S. carriers. According to an exclusive report from The Wall Street Journal, Delta leaders discussed the…
American Airlines Is Growing Itself Into A Hole
American kept just $71 million on nearly $17 billion, and is purportedly adding more widebodies. The people who built American Airlines' debt want to fix it. American did something remarkable last quarter in the most disappointing possible way. It…
Global air travel had busiest day on record despite recent headwinds
Global commercial aviation set a record on July 23, with flight-tracking platform Flightradar24 recording 153,359 commercial flights in a single day—the highest daily total recorded in the platform's data set. The milestone comes just weeks…
Wow: United Airlines Quietly Explored Merger With Delta Air Lines
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Etihad Airways and Africa World Airlines sign strategic partnership agreement
Etihad Airways, the national airline of the United Arab Emirates, and Africa World Airlines, the Accra-based carrier that has connected Ghana and the wider West African region for more than a decade, have signed a Memorandum of Understanding to…
United CEO Scott Kirby Pitched Delta On A Merger - One Airline Would Control 35% Of The U.S. Market
United Airlines pitched a merger to Delta Air Lines according to new reporting in the Wall Street Journal. United CEO Scott Kirby called his counterpart at Delta Ed Bastian. Delta did “preliminary due diligence” on a tie-up, but the…
Scott Kirby Tried To Merge United With Delta In His Most Audacious Airline Deal Yet
Scott Kirby apparently did not stop with American Airlines. Before approaching American about a merger, the United Airlines CEO reportedly called Delta CEO Ed Bastian to explore combining the two most valuable U.S. airlines. Delta considered the…
Wall Street Breakfast Podcast: A Fine Mess For Waymo (undefined:GOOG)
Download this episode on Apple Podcasts / Spotify or listen below: Waymo's (GOOG) (GOOGL) costliest stops aren't picking up riders. (00:15) Why Nvidia (NVDA) is investing $1B in Naver (NHNCF). (01:09) United's (UAL) big merger bid never got…
Heat dome to deliver extreme temperatures, high wildfire risk to West
The large dome of high pressure bringing dangerous temperatures to central portions of the Plains this week will shift west by late week. As this occurs, temperatures are expected to climb well above the historical average across much of the…
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