Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Global airline chiefs to confront Iran war fuel shock at industry summit
Global airline bosses gathering in Rio de Janeiro this weekend will be searching for answers to the industry's biggest crisis since the pandemic, with the Iran war driving up jet fuel costs, forcing flight detours and testing carriers' ability to…
Southwest Airlines Co. stock outperforms competitors on strong trading day
Shares of Southwest Airlines Co. LUV advanced 1.08% to $41.31 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.41% to 7,584.31 and the Dow Jones Industrial Average DJIA…
European Cargo airline goes bust with loss of 178 jobs
Jonny ManningNorth East and Cumbria An air freight company has entered administration leading to the loss of 178 jobs. European Cargo Limited launched six years ago and is known for converting former passenger aircraft into freight planes, which it…
UK airline enters administration as flights grounded and 'staff made redundant
A British airline has entered administration - with some staff reportedly told they are being made redundant. European Cargo Limited, which operates long-haul freighter flights from Bournemouth Airport, confirmed it had appointed administrators on…
List of US airline routes cut amid rising fuel costs
American Airlines has joined a growing list of global carriers scaling back services as surging jet fuel prices—linked to disruption in oil markets during the ongoing Iran conflict—continue to reshape the industry. The airline…
After Spirit exit, other airlines flood into its former Atlanta routes
Last year Spirit represented just 2.3% of total volumes at Hartsfield-Jackson Atlanta International Airport, carrying about 2.4 million passengers to places including Las Vegas, Orlando and Detroit. Since the shutdown last month, five other…
The start-up airline hopeful eyeing off Australia's market
The mind behind Zinc Airlines, a proposed new domestic airline, says he has received interest from UAE investment groups since revealing plans for the ultra-low cost carrier. Despite Australian aviation historically being a tough market for new…
Major airline hits passengers with new in flight charge from July
A major airline has announced a new in flight charge that will impact passengers from July, with meals no longer being complimentary. Hawaiian Airlines services included the free perk of meals when flying between Hawaii and the US mainland.
The Surprising Reason Airline Stocks Are Soaring
While the market remains mesmerized by artificial intelligence (AI) stocks, there is a sector of the old economy that has outperformed over the past month. Airline stocks United Airlines (UAL 0.05%), Delta Air Lines (DAL +0.77%), and Southwest…
Airline operating out of Heathrow, Gatwick and Manchester gives jet fuel update
A major airline has said it is unlikely it will cancel flights this summer over jet fuel shortages and Brits prepare to jet off to popular holiday sports. Air France said, in a joint-statement with partner KLM, that it does not expect any…
American Airlines temporarily suspends some of its summer routes due to steep jet fuel costs
American Airlines is temporarily suspending some of its routes this summer, as steep jet fuel costs continue to strain carriers' budgets amid the war with Iran. In a statement, American said it had adjusted service for “select routes”…
Government okays Rs 10,000 cr jet fuel fund for airlines
The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian…
Singapore Airlines is said to weigh order for more than 50 long-haul jets (BA:NYSE)
Singapore Airlines is in early discussions with Airbus (EADSF) (EADSY) and Boeing (BA) over a potential order for at least 50 widebody aircraft as the carrier plans for long-term growth, Reuters reported Thursday, citing industry sources.
UK airline collapses into administration - all flights grounded
The freight airline confirmed the appointment of administrators on Wednesday A UK-based airline has collapsed into administration, with all flights grounded and staff made redundant, according to reports. European Cargo Limited, which operated…
American Airlines temporarily suspends some of its summer routes due to steep jet fuel costs
Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: One year of digital access for only $1.44 a week * Enjoy unlimited…
Receive a Daily briefing on Airline Industry News
Get Started