Airline Industry News
A collection of Airline latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Ceasefire lifts prospects for airlines, construction industry
A two-week ceasefire between the United States and Iran will pave the way for Korea's aviation and construction firms to ease cost pressures and improve earnings prospects amid falling global oil prices, industry officials said Wednesday.
Jet Fuel Prices Will Take Months to Stabilize, Airline CEOs Say
The two-week ceasefire between the US and Iran is “positive” the aviation industry, but jet fuel and ticket prices will remain elevated for some time, said Willie Walsh, the head of the airline industry's global trade body.
Transportation Secretary says US airlines have 'room for some mergers
Transportation Secretary Sean Duffy said he wouldn't mind seeing some US airlines merge. In an interview with CNBC released on Tuesday, Duffy was asked if he would like to see bigger US airlines buying smaller ones. 'There's always chatter,' Duffy…
Delta becomes latest US airline to raise checked baggage fees
Delta Air Lines is raising checked baggage fees as U.S. carriers try to offset skyrocketing jet fuel prices due to the war in the Middle East. Most passengers on Delta's domestic and short-haul international routes will pay $10 more for their first…
Airline Baggage Fees Spike: Full List and Price Increases
Travelers are facing higher costs at airports as airlines continue raising checked baggage fees. Delta Air Lines became the latest major carrier to announce increases, but the move follows similar changes by United Airlines and JetBlue, just ahead…
DOT Sec. Duffy sees 'room' for more airline M&A (DAL:NYSE)
U.S. Transportation Department Secretary Sean Duffy said he sees “room” for more M&A activity in the airline industry. “Who knows who's going to match up, right? There's always chatter. But is there room for some mergers in the…
Jet fuel supply concerns grow as war on Iran drags on, airlines cut flights
Airlines have trimmed their schedules, added surcharges abd raised fees or fares as the price of jet fuel rises. Jet fuel is generally airlines' biggest cost after labor. Fuel prices have nearly doubled in the U.S. since the United States and…
DOT Secretary Duffy Says There's 'Room' for US Airline Mergers
US Transportation Secretary Sean Duffy said he thinks there's “room” for some mergers in the US aviation industry. “President Trump, he loves to see big deals happen,” Duffy said during an interview on CNBC Tuesday.
Oil Surge May Drive Airlines to Buy New Jets, Airbus Says
As the war with Iran continues to push oil prices higher, airlines could look to accelerate the retirement of older aircraft, potentially benefiting planemakers Airbus SE and rival Boeing Co. “If fuel prices go up, there will be an incentive…
Duffy Opens Door to Airline Mergers Amid Fuel Volatility - TT
Duffy speaks during a panel at the BlackRock Infrastructure Summit in Washington on March 11. (Anna Moneymaker/Getty Images) Transportation Secretary Sean Duffy said April 7 on CNBC there is room for some U.S. airline mergers but he would not…
As jet fuel costs soar, Delta joins growing list of U.S. airlines raising checked bag fees
Delta Air Lines announced Tuesday it is raising checked baggage fees, part of a broader wave of U.S. carriers responding to higher jet fuel prices tied to the war in the Middle East. Beginning Wednesday, most passengers on domestic and short-haul…
Asian airlines trim schedules and carry extra fuel as supplies tighten
Airlines across Asia are cutting flights, carrying extra fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel supply in some countries, adding to pressure on an industry already hit by a sharp jump in…
Mexico's Low-Cost Airlines Are Merging in a Deal That Raises Antitrust Fears
The first few years of the millennium were a dream for Mexican air travelers on a budget. The country's airspace, long dominated by legacy carriers Grupo Aeroméxico SAB and Grupo Mexicana de Aviación, was inundated with a flurry of…
Delta joins a growing list of airlines hiking checked bag fees. See which carriers are increasing prices.
Travelers are feeling the pinch from the war in Iran. Many airlines have already increased ticket prices and introduced fuel surcharges, but now there's a new target: checked bags. Three major US airlines have increased baggage fees in recent days…
Delta is the latest airline to raise checked bag fees - in line with competitors
Delta Air Lines is the latest airline to increase their checked bag fees. Passengers on domestic flights and select short-haul international routes will now pay $45 for their first checked bag and $55 for the second — a $10 increase. The…
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