Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Budget airline 'files for bankruptcy' as more flight cancellations expected
Yet another budget airline has reportedly gone bust, following in the wake of the struggling Spirit Airlines, which ceased all operations earlier this month. Magnicharters, a low-cost Mexican carrier, filed for bankruptcy protection earlier this…
International Consolidated Airlines Group climbs Friday, outperforms market
Shares of International Consolidated Airlines Group S.A. IAG advanced 1.59% to £3.97 Friday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 0.22% to 10,466.26.
Goldman Sachs Remains Bullish on LATAM Airlines (LTM), Lifts PT
LATAM Airlines Group S.A. (NYSE: LTM) is one of the best airline stocks to buy according to Reddit. Goldman Sachs lifted the price target on LATAM Airlines Group S.A. (NYSE:LTM) to $72.60 from $63.40 on May 12, reaffirming a Buy rating on the…
What United Airlines CEO Scott Kirby Gets Right About High Performance
United Airlines CEO Scott Kirby highlights a key high performance habit. High performance is a must for executives and top operators. What entails high performance is a wide assortment of habits and rituals. For example, former Disney CEO Bob Iger…
JetBlue Airways Corporation (JBLU) Announces Reciprocal Loyalty Perks and Benefits With United Airlines
JetBlue Airways Corporation (NASDAQ: JBLU) is one of the best airline stocks to buy according to Reddit. JetBlue Airways Corporation (NASDAQ:JBLU) announced on May 14 reciprocal loyalty perks and benefits with United Airlines as part of its latest…
Airlines are absorbing up to 50% of surging jet fuel costs. Alaska is still betting on premium international flights
Despite rising fuel costs, Alaska Airlines is pushing ahead with its plan to attract more premium passengers as it celebrated the launch of its newest route atop a London skyscraper on Thursday evening. The Seattle-to-London service is part of a…
Allegiant Travel Company (ALGT) Announces Successful Acquisition of Sun Country Airlines Holdings
Allegiant Travel Company (NASDAQ: ALGT) is one of the best airline stocks to buy according to Reddit. Allegiant Travel Company (NASDAQ:ALGT) announced on May 13 the successful acquisition of Sun Country Airlines Holdings, Inc., with the transaction…
Why Delta Air Lines (DAL) is One of the Best Airline Stocks to Buy According to Reddit
Delta Air Lines, Inc. (NYSE: DAL) is one of the best airline stocks to buy according to Reddit. Delta Air Lines, Inc. (NYSE:DAL) announced on May 13 the expansion of its trans-Atlantic schedule this fall, with the addition of special flights to…
Another low budget airline files for bankruptcy - following in Spirit's steps
Another low budget airline has filed for bankruptcy, following in the footsteps of the beleaguered Spirit Airlines which shut down operations earlier this month. Magnicharters, a low-cost Mexican carrier, filed for bankruptcy protection earlier…
Travelers just ranked the best airlines in America and one major carrier slipped badly
Delta Air Lines has become the new go-to carrier that American travelers consider when purchasing a flight, leapfrogging rivals American Airlines and United Airlines, according to an annual study released this week by YouGov. In addition to moving…
With airlines going wild to woo premium customers, coach fliers are quickly getting squeezed out
This month, America's largest budget carrier Spirit Airlines crashed into Chapter 11 bankruptcy, grounding its fleet for good after 34 years in the sky. The tens of thousands of price-sensitive passengers who flew the zero-frills, dirt cheap…
Airline miles may not go as far as the Iran war drives up fuel costs and summer fares
Users of credit cards that accrue airline miles and points toward various travel perks are likely to find their balances won't take them as far this summer. As jet fuel prices have jumped during the Iran war, so have the cost of airline tickets and…
Major UK airline plunges into liquidation - all flights suddenly cancelled
A major airline running flights from the UK has collapsed into liquidation and halted all operations. Ascend Airways, which traded for just three years under its present name, provided aircraft to operators including Oman Air, Air Sierra Leone and…
Spirit Airlines Demise Was Unavoidable
Spirit Airlines' demise was unavoidable and we learned why after some new numbers dropped explaining their financial situation. Folks all over the media landscape are reacting to Spirit Airlines' March Operating Report. There's a ton of information…
Mexican airline Magnicharters files for bankruptcy after grounding all flights
Check your passport for these key dates Another budget carrier has reportedly collapsed, joining the beleaguered Spirit Airlines, which shut down all operations earlier this month. Magnicharters, a low-cost Mexican airline, filed for bankruptcy…
Receive a Daily briefing on Airline Industry News
Get Started