Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Flights cancelled and planes grounded as jet fuel crisis grips airline industry
The Iran war has caused severe jet fuel shortages and soaring prices, leading to significant disruption across the global aviation industry. Major carriers such as Lufthansa and KLM are grounding dozens of planes, while easyJet reports lagging…
Yes to an American-United Airlines merger
In a February meeting with the Trump administration, United Airlines CEO Scott Kirby floated the idea of a merger between his company, United Airlines, and American Airlines. Most analysts and antitrust experts quickly rejected the proposal…
In Troubled Times, Airlines Turn to Each Other
Over the decades, the US airline business has undergone what feels like an endless series of takeovers, leaving the market with just four major carriers. Now, United Airlines' boss is considering a bid for American Airlines, which would cut that to…
Spirit Airlines could go out of business TONIGHT
Sign up for our US Editor's Picks newsletter to get all the biggest exclusive stories Spirit Airlines could dissolve as soon as tonight and leave passengers who already booked tickets stranded at airports around the country. Spirit filed for…
Airlines cancel hundreds of flights as jet fuel prices soar
Hundreds of flights have been cancelled by two of Europe's biggest airlines amid soaring fuel costs triggered by the Middle East War. Germany carrier Lufthansa said on Thursday that a regional subsidiary, Lufthansa CityLine, will suspend operations…
Tourists to endure up to eight weeks of travel chaos as airlines axe flights
British tourists could face up to eight weeks of cancelled flights and airport chaos this summer as major airlines grapple with imminent fuel shortages, experts have warned. European giants KLM and Lufthansa announced yesterday that they would be…
Airline, Cruise Stocks Rise After Iran Says Strait Is Open
'In line with the cease-fire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of cease-fire,' said Iran's foreign minister, Abbas Araghchi, on his X account Friday.
Price hikes, outlook cuts - What airlines are doing as fuel costs surge
A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise their financial outlooks. SCROLL TO CONTINUE WITH CONTENT Jet fuel prices have soared from $85 to…
International Consolidated Airlines Group slides Thursday, underperforms market
Shares of International Consolidated Airlines Group S.A. IAG shed 1.88% to £3.86 Thursday, on what proved to be an all-around positive trading session for the stock market, with the FTSE 100 Index UKX rising 0.29% to 10,589.99. International…
Asian airlines face 'major headwind' from jet fuel costs, forcing flight changes
Asian airlines are cutting flights, raising fares and reshuffling networks as the Iran war sends jet fuel prices soaring, leaving carriers across the region scrambling to protect their margins and preserve key routes. The shock has hit Asia…
Two major airlines cancel hundreds of flights as fuel cost soar amid Iran war
Hundreds of flights have been cancelled by two major airlines amid warnings Europe has just a 'few weeks' of jet fuel left. Germany's flag carrier airline Lufthansa is suspending its CityLine services from tomorrow, including flights to and from…
Southwest Airlines Co. stock outperforms competitors despite losses on the day
Shares of Southwest Airlines Co. LUV slipped 2.57% to $40.63 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.26% to 7,041.28 and the Dow Jones Industrial Average DJIA…
Spirit Airlines Could Liquidate by the End of the Week Due to Fuel Crisis
Spirit, the troubled and twice-bankrupt budget airline, could liquidate as early as this week, according to reports from Bloomberg and CNBC. The company has been struggling financially for some time now and filed for its second chapter 11…
All the airlines cancelling flights and adding extra charges amid jet fuel crisis
The global aviation industry is facing significant turbulence following a dramatic surge in jet fuel prices, driven by the escalating US-Israeli conflict with Iran. Costs have rocketed from approximately $85 to $90 per barrel to an alarming $150 to…
What lagging jet fuel supplies could mean for airlines and travelers
NEW YORK (AP) — A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn't start flowing again soon — meaning…
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