Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Pittsburgh Institute of Aeronautics, American Airlines partner to train future aircraft mechanics
A world-renowned Pittsburgh technical school and a major airline signed an agreement on Friday to work hand in hand. The deal between Pittsburgh Institute of Aeronautics and American Airlines aims to get students in the field of aviation…
United Airlines Holdings Inc. stock outperforms competitors on strong trading day
Shares of United Airlines Holdings Inc. UAL rose 2.54% to $118.27 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.05% to 7,411.98 and the Dow Jones Industrial Average…
Smaller Asian airlines seek to add routes despite Middle East war, fuel costs
India's Akasa Air and Malaysia's AirBorneo are pressing ahead with expansion plans despite soaring jet fuel prices and disruption from the Middle East conflict, in a development that analysts say is a sign smaller Asian carriers are finding room to…
Adani airline plans: Why the Centre may ease airport-airline ownership rules | Explained
The story so far: The Ministry of Civil Aviation is examining whether to relax cross-ownership restrictions between airport operators and airlines. Officials are preparing a concept note for consultations with NITI Aayog and other government…
Adani Says No to Airlines Even as India Considers Rule Change
Welcome to India Edition, Bloomberg's daily dive into what's moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I'm Menaka Doshi. If you didn't receive this directly in your inbox, you can subscribe here, and…
American Airlines: Buy Any Fuel Panic (NASDAQ:AAL)
American Airlines reported record Q2 revenue of $16.7 billion (+16% YoY), demonstrating successful premium service transition and commercial market recapture. The company faces a $3+ billion profit gap with legacy peers but is executing…
Gatwick strikes threaten to ground 11 airlines during summer holidays
Hundreds of Gatwick Airport planes could be grounded if planned strike action goes ahead. Refuelling tanker drivers and operators employed by aviation firm Menzies are being balloted for strike action over pay, according to the union Unite. Workers…
Stocks making the biggest moves midday: American Airlines, Coherent, SLB, Tesla & more
Here are some of the companies making headlines in midday trading. Data center infrastructure — Investors backed away from shares of companies involved in the data center infrastructure industry as concern continued around hyperscaler…
Can an Indian airport operator own an airline? Concerns over market access, fair play
Currently, there are stringent restrictions on airport operators having stakes in airlines. For instance, operators of India's largest airports at Delhi (GMR has 74% stake) and Mumbai (Adani group has 74%) are barred from owning more than 10% in a…
RAF jets scrambled to UK-bound airline flight 'causing concern
Two RAF jets were dispatched to escort a flight heading for Manchester Airport last night (July 24). The incident occurred as Qatar Airways flight QR23 from the Qatari capital Doha to Manchester Airport entered UK airspace. The RAF confirmed that a…
United Airlines delays adding new routes to several Midwest cities
United Airlines said Friday it's holding off on adding new routes from O'Hare International Airport to central Illinois and other smaller markets across the Midwest. The airline revealed the decision to delay 10 new routes because of the Federal…
Airlines cost passengers hundreds of dollars by claiming you were a no-show - whether or not that's true
Airlines can charge customers a “no-show” fee if a passenger has skipped out on their flight. Experts at Going.com shared that a typical no-show fee can range anywhere from $100 up to $200. Although, the price will depend on the…
Putin Visits Siberian Factory Producing Delayed Russian Airliner
President Vladimir Putin made an unannounced visit Friday to an aviation plant in the Siberian city of Irkutsk, home to one of Russia's flagship civil aviation projects that has faced a decade of production delays. The Kremlin said Putin toured the…
All-premium airline targeting London among six international destinations from Saudi
Jul 24, 202610:49 GMT by Phil Davies All-premium airline BeOnd is targeting London and five other cities with flights from Saudi Arabia. The carrier, which operates single aisle Airbus A321 aircraft with 68 lie-flat seats, aims to expand operations…
LOT Polish Airlines flight forced to divert after crew member 'collapses' mid-air
The passenger plane was forced to make an emergency diversion A passenger plane was forced to make an emergency diversion after a crew member reportedly collapsed mid-flight. The LOT Polish Airlines Boeing 737 MAX 8 was flying from Spain to Poland…
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