Airlines
Airline stocks tumble after Delta trims profit forecast
A Delta Airlines Boeing 737-700 is seen lining up before departure at Princess Juliana International Airport in St. Maarten. Fabrizio Gandolfo | Lightrocket | Getty Images Delta Air Lines shares slipped about 7% Friday after the company trimmed its 2024 earnings forecast. Delta forecast full-year earnings per share of $6 to $7, below its previous […]
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FAA says it will audit Boeing's production line after 737 Max 9 accident
A plastic sheet covers an area of the fuselage of the Alaska Airlines N704AL Boeing 737 MAX 9 aircraft outside a hangar at Portland International Airport on January 8, 2024 in Portland, Oregon. Mathieu Lewis-rolland | Getty Images The Federal Aviation Administration on Friday said it will audit Boeing‘s production line, a week after a […]
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Delta extra than doubles fourth-quarter income, but trims 2024 earnings forecast
Airbus A330neo widebody aircraft intended for Delta Air Strains being analyzed in Toulouse, France. Nurphoto | Nurphoto | Getty Pictures Delta Air Strains shut out the year by doubling its quarterly revenue as travel need, particularly for global visits, assisted travel file profits in 2023. CEO Ed Bastian said ongoing solid vacation demand from customers […]
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‘Every detail matters:’ Boeing CEO admits mistake as investigators probe midair panel blowout
In this photo released by the National Transportation Safety Board, investigator-in-charge John Lovell examines the fuselage plug area of Alaska Airlines Flight 1282 in Portland, Oregon, on Jan. 7, 2024. National Transportation Safety Board via AP Boeing CEO Dave Calhoun on Tuesday said the company acknowledges “our mistake,” after a door plug on a 737 […]
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Boeing to revise 737 Max 9 inspection instructions as planes remain grounded, FAA says
An Alaska Airlines Boeing 737 Max 9 aircraft is grounded at Los Angeles International Airport in California on Jan. 8, 2024. Eric Thayer | Bloomberg | Getty Images Aircraft manufacturer Boeing will revise inspection instructions for its 737 Max 9 planes after a panel blew out midflight last week during an Alaska Airlines flight and […]
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American Airlines' frequent flyer program is changing. Here’s what you need to know
An American Airlines Airbus 321 sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, on July 23, 2023. Daniel Slim | AFP | Getty Images First things first: American Airlines isn’t changing the requirements to earn elite status at the airline in the coming earning year. Those thresholds are typically […]
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Boeing hits 2023 jet shipping and delivery intention in blockbuster sales year
An aerial view of Boeing 777X and Boeing 737 MAX 10 airplanes parked at King County Intercontinental Airport-Boeing Area, in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing satisfied its jetliner supply ambitions and recorded a 70% increase to annual net orders in 2023, reflecting a history-shattering calendar year of product sales for […]
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Malaysia's Funds A paves way for merger of AirAsia's operations globally
Malaysia’s Money A Berhad CAPI.KL reported on Monday it intends to provide its aviation business enterprise to extensive-haul unit AirAsia X Bhd AIRX.KL, with a intention of consolidating both its lengthy and quick-haul operations beneath a single AirAsia brand name. Nicky Almasy | Instant | Getty Images Malaysia’s Capital A Berhad said on Monday it intends to offer […]
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Airbus nearing sizeable widebody order from Delta, Reuters resources say
An Airbus A330-941 is currently being delivered to Delta Air Traces, traveling from Toulouse Blagnac Airport to Atlanta, in Toulouse, France, on December 8, 2023. JoanValls | Nurphoto | Getty Pictures Airbus is nearing an order from Delta Air Lines for dozens of extensive-entire body jets which includes more A350-1000 aircraft, business resources told Reuters. Relying […]
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JetBlue CEO Robin Hayes to step down in February, COO Joanna Geraghty to take helm
Robin Hayes, chief executive officer of JetBlue Airways Corp, speaks to guests following the airline’s inaugural flight from John F. Kennedy (JFK) Airport in New York, U.S, to London Heathrow Airport (LHR) in London, U.K., on Thursday, Aug. 12, 2021. Chris J. Ratcliffe | Bloomberg | Getty Images JetBlue CEO Robin Hayes will step down […]
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