Airlines
Airline cargo revenue is cratering. Here’s why that’s actually good news
An American Airlines 777 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC Airlines’ cargo revenue is slumping. That’s a sign of good news for travel recovery. Delta, United and American this month each reported year-over-year declines of about 40% in their second-quarter cargo revenue. For the first half of 2023, Delta’s cargo business […]
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American Airlines raises 2023 profit forecast after strong second quarter
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty Images American Airlines on Thursday raised its earnings outlook for 2023 after a strong start to the peak travel season, the latest airline to reap the rewards from the continued boom in […]
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United posts history earnings and forecasts sturdy profits for bustling summer time quarter
A United Airlines airplane flies in entrance of the Empire Condition Creating and A single Vanderbilt in New York City as it arrives in for a landing at Newark Liberty Worldwide Airport in Newark, New Jersey, Dec. 3, 2021. Gary Hershorn | Corbis News | Getty Photographs United Airlines on Wednesday posted report quarterly earnings […]
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United adds Tokyo, Manila and Taipei flights to cater to intercontinental travel increase
A United Airways airplane sits on the tarmac at San Francisco International Airport. Justin Sullivan | Getty Photos United Airways on Tuesday mapped out a different growth of Asia flights in the coming months, part of its press to capitalize on a increase in very long-haul international vacation that has assisted generate airlines back again […]
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United reaches preliminary, 4-calendar year labor offer with pilots, with up to 40% raises
Pilots from United Airways wander inside the airport as they choose portion in an informational picket at Newark Liberty International Airport in Newark, New Jersey, Might 12, 2023. Eduardo Munoz | Reuters United Airlines and its pilots’ union have agreed to a preliminary labor deal that features pay increases of as substantially as 40.2% around […]
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How you can save $500 or much more on a flight to Europe this calendar year
Jose A. Bernat Bacete | Second | Getty Illustrations or photos Airfare to Europe strike an all-time high this summer season. But those people dissuaded by the sticker shock can still journey abroad in coming months and minimize fees by potentially hundreds of dollars a ticket. Flying to Europe from the U.S. through the fall […]
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American, JetBlue to end sales of each others’ tickets next week after judge orders breakup
American and JetBlue will stop selling seats on each other’s flights after Thursday, two months after a federal judge ruled that the airlines’ partnership in the Northeast violated antitrust laws. The judge ordered the airlines to end their more than two-year partnership, which allowed them to share passengers and revenue, and to coordinate schedules in […]
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Transportation Secretary Pete Buttigieg on summer air travel delays, effects of infrastructure invoice
ShareShare Write-up through FacebookShare Post by way of TwitterShare Article by means of LinkedInShare Write-up by means of E mail Transportation Secretary Pete Buttigieg joins ‘Squawk Box’ to examine the modern air travel delays amid surging summer months demand from customers, the impression of President Biden’s bipartisan infrastructure monthly bill, and more. Resource
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Airfare is cooling as carriers add service for summer peak period
Passengers at Reagan National Airport in Arlington, Virginia on May 26, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Flights are getting cheaper as airlines ramp up service during what’s shaping up to be a busy summer. U.S. inflation data this week showed airfares dropped 8.1% in June from a month earlier, the biggest decline […]
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Delta posts record quarterly earnings, hikes full-year outlook on travel boom
Nurphoto | Nurphoto | Getty Images Delta Air Lines posted its highest quarterly revenue and earnings ever thanks to searing travel demand that has defied fears of an economic slowdown for months. International travel and demand for premium seats like first class were standouts during the three months ended June 30, while a 22% drop […]
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