Lufthansa Group lowered its outlook for the year, saying that its flagship carrier is struggling to break even. It cited negative market trends and aircraft delivery delays for the shift.
Lufthansa Group lowered its outlook for the year, saying that its flagship carrier is struggling to break even. It cited negative market trends and aircraft delivery delays for the shift.
JetBlue reported an underwhelming third quarter though executives remained confident that the carrier’s new strategy would soon restore its profitability.
The Department of Justice announced Thursday that it would launch a “broad public inquiry” into the state of competition in air travel — the government’s second inquiry into the airline industry in just the past two months.
Spirit Airlines said Thursday that it entered a commitment to sell 23 Airbus A320s and A321s in a deal valued at approximately $519 million as it looks for ways to shore up its liquidity.
American Airlines reported a loss of $149 million for the third quarter as it continues to deal with the fall out of its distribution strategy.
Southwest announced Thursday the appointment of six new directors to its board as part of a settlement with activist investor Elliott Investment Management.
Southwest Airlines reported Thursday that it is seeing strong bookings for the holiday travel season and healthy demand as it deals with an activist investor.
Boeing CEO Kelly Ortberg said Wednesday he believes the plane maker can be “an aerospace leader again” as the company faces slew of issues with its aircraft programs and a machinist strike.
The Department of Transportation announced Wednesday that it would fine American Airlines $50 million for “numerous serious violations of the laws” that protect passengers with disabilities.
Spirit Airlines and Frontier Airlines have renewed talks about the prospect of a merger, according to a report from The Wall Street Journal, citing people familiar with the matter.
Qatar Airways operated its first flight equipped with Elon Musk’s Starlink from Doha to London on Tuesday.
Boeing’s machinist union announced Saturday that it reached a tentative agreement with the company, ending the month-long strike that halted production.
Spirit Airlines said Friday it had entered into an agreement to extend the deadline to refinance some of its debt.
It’s been a good year for United Airlines.
United Airlines said corporate revenues were up 13% in the third quarter and that demand for premium travel remained resilient.
Elliott Investment Management said Monday that it is requesting a December 10 special meeting for Southwest Airlines shareholders, kicking off the hedge fund’s first proxy fight since 2017.
Pre-pandemic, ultra-low-cost carriers were among the most profitable in the industry. Four years later, a big question in the industry seems to be: Can ultra-low-cost carriers survive?. There’s been rampant speculation that Spirit Airlines may file for bankruptcy. Frontier Airlines has fared better, but it’s also reported underwhelming results.
Boeing CEO Kelly Ortberg told employees Friday afternoon that the company would need to delay the launch of the 777X and lay off roughly 10% of its workforce as the machinist strike continues.
Paris, Rome and Madrid might be what comes to mind when planning a summer vacation. But what about a trip to the capital of Mongolia?
Despite experiencing a summer meltdown that led to thousands of flight cancellations, Delta Air Lines still came out relatively strong.
Airlines said they have capped airfares as they face accusations of price gouging before Hurricane Milton hits the Gulf Coast south of Tampa.
Airlines are making schedule adjustments for flights out of Florida as many residents are scrambling to evacuate due to Hurricane Milton.
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