Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Don't put taxpayers on the hook for subsidizing low-budget airlines
That should have been the end of it. Instead of taking the outcome as a signal that intervention had already gone too far, the Trump administration is now considering a bailout that could leave taxpayers owning most of the company. In other words…
International Consolidated Airlines Group climbs Thursday, outperforms market
International Consolidated Airlines Group S.A. IAG shares rose 2.22% to £3.72 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 1.62% to 10,378.82. International…
United's Scott Kirby Has a Point About Airline Mergers
This article is for subscribers only. To get Industrial Strength delivered directly to your inbox, sign up here. The airplane manufacturing industry is effectively a duopoly split between Boeing Co. and Airbus SE. There are less than a handful of…
SpaceX spending on Starship tops $15 billion in rush for airline-like rocketry
SpaceX has spent more than $15 billion developing its next-generation Starship rocket, according to the company's IPO registration reviewed by Reuters, a sum that dwarfs the cost of its workhorse Falcon rocket as Elon Musk's space company nears a…
All the airlines cancelling flights and adding extra charges amid jet fuel crisis
United Airlines and Lufthansa are among the airlines forced to mull raising air fares and scrapping flights following a dramatic surge in jet fuel prices, driven by the U.S.-Israeli conflict with Iran. United's CEO announced the airline may need to…
Southwest Airlines Co. stock underperforms Thursday when compared to competitors despite daily gains
Shares of Southwest Airlines Co. LUV rose 1.88% to $37.92 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.02% to 7,209.01 and the Dow Jones Industrial Average DJIA rising…
Rising fuel costs put budget airlines under pressure as Spirit faces bankruptcy
The war with Iran is driving energy costs to levels not seen in years, and that surge is now rippling through global air travel. Several U.S. budget airlines are asking the federal government for a $2.5 billion lifeline, warning that soaring jet…
Major airline shutting down amid jet fuel chaos - all flights cancelled
A major airline has ended its regional operation due to 'significantly increased kerosene prices' following the crisis caused by the Iran war. Global oil prices have soared since the start of the Middle East crisis at the end of February, and now…
Airlines insist summer flights will go ahead despite warnings over UK jet fuel supply
As a leading analyst warned of potential jet fuel shortages hitting the UK through the summer, Europe's biggest budget airlines have told The Independent they are confident they can fly as normal during the peak holiday spell. Ano Kuhanathan, head…
Missing Oscar Found By Airline After Filmmaker Told To Check It
UPDATE: Lufthansa says it has found the Oscar that went missing after filmmaker Pasha Talankin was told he couldn't bring his statuette onto a flight from JFK in New York to Frankfurt, Germany. The airline tells Deadline, “We can confirm…
United Airlines' CEO Shocked the Market: Here's What It Means to eVTOL Investors
United Airlines (UAL +1.56%) CEO Scott Kirby disappointed the electric vertical takeoff and landing (eVTOL) market recently by pouring cold water on the idea that eVTOLs should operate in crowded airport airspace, for safety reasons. Here's what it…
Major airline axes flight route from UK airport due to rising fuel costs
A MAJOR airline has scrapped one of its routes from the UK due to rising fuel costs. Lufthansa has announced that it is axing its route between Glasgow and Frankfurt, Germany, this winter as the Iran War continues to affect fuel prices. Your info…
Thousands of flights axed by major airlines from world's busiest airport
Airlines at the world's busiest airport are being forced to slash their schedules to curb operational chaos ahead of the summer season. The Federal Aviation Administration (FAA) is reportedly compelling operators at Chicago O'Hare International…
Spirit's Creditors Could Give Airline More Time, Hassett Says
A top Trump administration official said private lenders to Spirit Airlines can help the beleaguered airline keep operating while negotiations on a potential rescue package from the US government proceed. “Those are ongoing negotiations with…
Japan Airlines begins humanoid robot trials at Tokyo's Haneda airport as labor shortages bite
Tokyo's Haneda Airport is set to trial the use of humanoid robotics in ground services from May. The trial comes as Japan battles chronic labor issues. Analysts said robots still require human oversight despite rapid advances. Kevin Carter | Getty…
Receive a Daily briefing on Airline Industry News
Get Started