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 advances Wednesday, outperforms market
Shares of International Consolidated Airlines Group S.A. IAG rose 4.63% to £3.98 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the FTSE 100 Index UKX rising 0.99% to 10,432.34. International…
Spirit Airlines collapse shows the 'New Antitrust' movement is a flop
Spirit Airlines has permanently closed its doors, and that spells trouble for the air travel industry. The loss of one of the country's premiere budget carriers will mean less competition among airlines — and likely higher airfares. But…
Former Spirit Airlines employees face paycheck delays, scarce job market weeks after shutdown
The Spirit Airlines gate sits empty inside Terminal 4 at Fort Lauderdale-Hollywood International Airport. It has been nearly three weeks since the airline shut down operations, and hundreds of employees say they are still waiting for their last…
Southwest Airlines Co. stock underperforms Wednesday when compared to competitors despite daily gains
Shares of Southwest Airlines Co. LUV rallied 6.29% to $39.70 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.08% to 7,432.97 and the Dow Jones Industrial Average DJIA…
Jet fuel shortage: All the airlines cancelling flights as Jet2 issues update
British travellers have cause to celebrate after Jet2 reassured customers that their summer holidays will proceed as normal, confirming it has ample fuel and will not impose surcharges. The UK's third-largest airline announced on Wednesday that it…
Sununu: Spirit Airlines closure was a lesson to approve mergers when 'somebody is putting up a red flag'
Airlines for America CEO and former New Hampshire Gov. Chris Sununu on Wednesday said the closure of Spirit Airlines was a lesson to allow business mergers when “somebody is putting up a red flag.” Spirit shut down earlier this month…
Dow Jones Industrial Average (DJIA) Reclaims 50,000 as Airlines and Semiconductor Stocks Lead Broad Market Rally
US equities closed sharply higher on Wednesday May 20, with the Dow Jones Industrial Average rising 1.31% to reclaim the psychologically significant 50,000 level, ending a three-session losing streak and restoring momentum to a market that had…
Shockingly cheap foreign flights in school summer hols as airlines slash prices
AUGUST flights don't come cheap, but there are some serious savings to be found this summer as airlines slash prices to entice Brits who've been nervous about booking because of the Iran war. Sun Travel has worked with Skyscanner to find some of…
Stocks making the biggest moves midday: United Airlines, Toll Brothers, Hasbro, Nvidia & more
Here are the companies making headlines in midday trading. Intuit – The maker of TurboTax software saw shares tumble more than 3% after Reuters reported that Intuit will be slashing about 17% of its workforce, or roughly 3,000 employees.
Flights cancelled as UK airline goes into administration
An airline has gone into administration, leaving 41 people jobless. It has been reported UK chartered airline Zenith Aviation Limited has ceased operating, the company was a leading provider of private jet charter, aircraft management, and…
RedMagic's Power Bank Has a 'Flight Mode' Button To Meet New Airlines Regulations
Aviation rules around lithium batteries are a moving target, and the power bank seems to be the latest casualty. 10 years ago, power banks weren't a problem on flights but now suddenly they're a hazard everywhere, whether it's your check-in luggage…
Flights cancelled as major airline plunged into administration
Bosses say they are 'assessing options' after an airline has gone into administration leaving 41 people without a job. It has been reported UK chartered airline Zenith Aviation Limited has ceased operating, the company was a leading provider of…
UK airline plunges into administration and cancels all flights - in business since 2010
UK airline plunges into administration and cancels all flights A UK airline operator has collapsed into administration, leading to a loss of 41 jobs. The entire fleet of UK chartered airline Zenith Aviation Limited has been grounded after suffering…
U.S. airlines oppose Trump plan to require small airports to use private security, Reuters reports
Bloomberg | Bloomberg | Getty Images A group representing major U.S. airlines opposes a White House proposal to require smaller airports to use private security screeners instead of the Transportation Security Administration, according to written…
NHL Team Appeals Court Ruling Giving Mavericks Control of American Airlines Center
The Dallas Stars of the NHL and Dallas Mavericks of the NBA have been locked in a fierce court battle over the ownership of American Airlines. The two Dallas-based franchises have shared the arena for 25 years. However, things have been a bit rocky…
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