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 advanced 6.75% to £3.91 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 2.15% to 10,438.66.
This airline is the best bet to fill Spirit's void
Wall Street seems to have crowned Frontier Airlines as the main beneficiary of Spirit Airlines' demise — judging by the stock's 20% move higher this week. Markets also like that Frontier has enough liquidity to withstand the onslaught of…
United Airlines Holdings Inc. stock outperforms competitors on strong trading day
Shares of United Airlines Holdings Inc. UAL rose 6.80% to $100.04 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.46% to 7,365.12 and the Dow Jones Industrial Average…
American Airlines passenger assaulted by 'emotionally unbalanced' seatmate, suit says
An 82-year-old Florida man was attacked without warning by a stranger aboard a commercial flight from Palm Beach to Charlotte, North Carolina, resulting in severe head and brain injuries, according to a federal lawsuit reviewed by The Independent.
What happens when an airline collapses? Expert on Spirit shutdown
When Spirit Airlines abruptly shut down all operations after failing to secure a federal bailout, the immediate fallout was felt well beyond stranded passengers. The sudden loss of a major ultra-low-cost carrier stripped out millions of seats from…
Which airlines are cancelling flights to UK over jet fuel shortages?
The price of flights has been rising since the start of the conflict in the Middle East, a worry for anyone planning a summer holiday. Some airlines are also cutting back the number of flights they are operating, which could mean travellers facing…
These airlines have cut the most flights this summer as jet fuel prices skyrocket
Airlines canceled more than 75,000 flights this summer over a 10-day period, according to the aviation analytics firm Cirium. On Tuesday, Cirium released an analysis of flight schedules between June 1 and September 30, comparing what those…
US Airlines' Fuel Costs Spiked by 56% in March, New Data Shows
Fuel costs for US airlines increased by more than 56% in March from the month before, according to data from the federal government, shedding light on how the ongoing conflict in the Middle East is affecting the sector. The US Department of…
Airlines cut 1,500 flights from UK airports as chaos summer begins - full list
Airlines have axed 1,500 UK flights this May so far, exclusive analysis by the Mirror has shown. As the Middle East crisis and rocketing jet fuel costs push up expenses ahead of the industry's peak travel period, airlines are grounding flights in a…
Former Frontier CEO says merger could have saved Spirit Airlines
“Everyone knows I wanted to merge with Spirit,” Biffle told Forbes in an article published on Wednesday. “We made an offer. But JetBlue came in and made what was believed to be the higher offer. Spirit could have survived if…
Airline with the world's best in-flight food revealed - while US airlines failed to impress
One airline is eating up the airplane food competition. A new study by Canstar Travel Insurance analyzed over 125,000 passenger reviews from sites like Airlinemeals.net and Skytrax to rank the top 100 airlines for in-flight dining. AEGEAN Air, with…
DOT says airlines paid 56% more for fuel in March than before Iran war
The Department of Transportation revealed that aviation fuel prices increased by 56% over the war in Iran. The DOT posted the update as required periodically by the Office of Management and Budget. In February, it reported that airlines…
Major airlines cancel 13,000 flights in May - with more than 100 from Heathrow
Over 100 flights have disappeared from the May schedule at Heathrow Airport as jet fuel prices climb further amid the ongoing US-Iran war. London Heathrow schedules have cut 111 flights amid fears that the long-term supply of jet fuel could cause…
All the airlines cancelling flights and adding extra charges amid jet fuel crisis
Around 13,000 flights were cancelled globally in May, resulting in two million fewer available seats, according to aviation analyst Cirium. While this figure might appear significant, it constitutes a mere 1.5 per cent reduction in total worldwide…
Peace hopes, Disney earnings, dismantling Spirit Airlines and more in Morning Squawk
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. After reading about Restaurant Brands International 's earnings this morning, I'm in the mood to get my morning coffee from Tim…
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