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 slips Thursday, underperforms market
Shares of International Consolidated Airlines Group S.A. IAG slid 3.76% to £4.22 Thursday, on what proved to be an all-around poor trading session for the stock market, with the FTSE 100 Index UKX falling 0.73% to 10,639.17. International…
Swelling jet fuel costs hit American Airlines outlook
American Airlines lowered its annual profit outlook Thursday, hitting shares while the carrier pointed to swelling jet fuel costs as a negative counterweight to healthy travel demand. The big US carrier, which has lagged rivals Delta Air Lines and…
American Airlines employee scoring sparks privacy concerns in California
American Airlines has introduced a new performance-monitoring system for flight attendants that is drawing scrutiny from labor advocates and raising broader questions about employee surveillance in the modern workplace. The platform, known…
Billionaire Adani weighs airline launch in Indian duopoly market, sources say
Indian billionaire Gautam Adani's group is considering launching a new airline, a move that could potentially reshape competition in a market dominated by IndiGo and Air India, said two sources with direct knowledge of the matter. SCROLL TO…
American Airlines Says It Might Have Loss as Fuel Costs Bite
American Airlines Group Inc. lowered their 2026 earnings guidance for the second time this year amid persistently high fuel prices because of the war in Iran, holding back the US carrier's efforts to narrow the performance gap with its larger two…
Portugal to Cut Debt at State-Owned Azores Airlines Before Sale
Portugal is eliminating debt at state-owned Azores Airlines and lowering costs ahead of its latest attempt to sell the loss-making leisure carrier. Parent SATA Group set plans earlier this year to sell at least a 75% stake in the airline. SATA, an…
IndiGo, Air India oppose Adani's airline entry
IndiGo and Air India have opposed the Adani Group's reported interest in entering the airline business, raising concerns over conflicts of interest and the potential erosion of competition, as the conglomerate is learnt to have approached the…
American Airlines: Q2 Earnings Snapshot
FORT WORTH, Texas (AP) — FORT WORTH, Texas (AP) — American Airlines Group Inc. (AAL) on Thursday reported second-quarter net income of $71 million. The Fort Worth, Texas-based company said it had net income of 11 cents per share.
Stocks making the biggest moves midday: Alphabet, Tesla, Amazon, Southwest Airlines & more
Here are some of the companies making headlines in midday trading. Alphabet — The Google parent fell 6% after it increased its capital expenditures outlook for the year to bolster its artificial intelligence capabilities. Alphabet expects to…
Adani considers foray into airline business, Centre mulls allowing airport operators to run airlines
5 min read New Delhi Make us preferred source on Google In a departure from its stance to steer clear of having an airline while building a significant presence in India's aviation ecosystem, the Adani Group is considering having a carrier within…
Indian Billionaire Adani Weighs Airline Launch That Could Reshape Market: Sources
NEW DELHI, July 23 (Reuters) - Indian billionaire Gautam Adani's group is considering launching a new airline, a move that could potentially reshape competition in a market dominated by IndiGo (INGL.NS), opens new tab and Air India, said…
EasyJet profits plunge 70 per cent as soaring fuel prices hit budget airline
EasyJet has reported a 70 per cent slump in profits due to soaring fuel costs and lower bookings caused by the Iran war. The news comes just weeks after the budget airline agreed to a £5.7 billion takeover. EasyJet reported that its pre-tax…
IndiGo Q1 Net Loss: Fuel Prices, West Asia Conflict Impact Airline Profitability
India's largest airline, IndiGo, has reported a significant net loss of Rs 238 crore for the June quarter, primarily driven by escalating fuel prices and the ongoing West Asia conflict, impacting its profitability despite healthy demand. IndiGo…
Greg Abel Makes Bold Portfolio Moves as Berkshire's New Leader -- Dumps Amazon While Buying an Airline Stock
Greg Abel took over as Berkshire Hathaway 's (BRKA -0.24%) (BRKB -0.56%) CEO at the start of the year. Despite taking the reins from legendary investor Warren Buffett, he has shown he's willing to go his own way with capital allocation decisions.
IATA Makes Surprise Pick for New Leader, Skips Airline Veterans
IATA has picked its first leader from outside the airline industry in four decades. The gamble is whether member carriers will take their cues from an economist who has never run an airline. The International Air Transport Association has named…
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