Airlines
Boeing, Justice Department reach deal to avoid prosecution over deadly 737 Max crashes
Ethiopian Federal policemen stand at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 11, 2019. Tiksa Negeri | Reuters The U.S. Justice Department said Friday that it has reached a deal with Boeing to avoid prosecution over two crashes of the […]
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Firm tapped to modify Qatar jet for Trump admin agrees to $62 million settlement in false claims case
Jaque Silva | Nurphoto | Getty Images Defense contractor L3Harris Technologies will pay $62 million to settle allegations that it lied about the prices of equipment it sold to the U.S. military years earlier, the Justice Department said Thursday. L3Harris was recently tapped to help modify a luxury Boeing 747 jet from Qatar’s royal family that President […]
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American Airlines CFO says some travelers are avoiding Newark airport
The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena Betancur | AFP | Getty Images American Airlines chief financial officer said Thursday that some travelers are avoiding Newark Liberty International Airport for other options in the area after a spate of recent disruptions, but […]
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The Points Guy’s Brian Kelly on what’s ahead for the summer travel season
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Brian Kelly, The Points Guy founder, joins ‘Squawk Box’ to discuss the upcoming summer travel season, state of the consumer, the practice of skiplagging, travel chaos at Newark airport, and more. Source
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Summer travel demand is soaring — but airlines are short on planes
People board Ryanair plane at Rome Ciampino Airport in Ciampino, Italy on April 27, 2025. Nurphoto | Nurphoto | Getty Images Airlines are facing an uphill battle during peak travel season as delivery delays at Boeing and Airbus fuel a commercial jet shortage. The ongoing capacity issue remains a cause of concern for the industry […]
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Travel demand looks good for the summer, but supply is relatively constrained, says EasyJet CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Europe Easyjet CEO Kenton Jarvis discusses the firm’s first-half results and explains why airlines across the sector are facing supply chain issues. 05:02 10 minutes ago Source
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Trump administration formally accepts gift jet from Qatar
A Boeing 747 sits on the tarmac of Palm Beach International Airport after President Donald Trump toured the aircraft, Feb. 15, 2025. Roberto Schmidt | Afp | Getty Images The Trump administration has formally accepted a Boeing 747 jet that was gifted to the U.S. by the government of Qatar, the Pentagon said Wednesday. Defense […]
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Why Etihad Airways thinks it can weather the storm of Boeing delays
ABU DHABI, United Arab Emirates — Abu Dhabi’s Etihad Airways says it can navigate the turbulence surrounding Boeing ‘s delivery delays, even as it doubles down on a major wide-body order and a multibillion-dollar fleet overhaul. Speaking on CNBC’s “Access Middle East” on Wednesday, Etihad CEO Antonoaldo Neves said the airline is taking a more […]
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Ryanair Group CFO Neil Sorahan on FY25 results, travel demand and tariff impact
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ryanair Group CFO Neil Sorahan joins ‘Squawk Box’ to discuss the company’s full-year profit, summer travel demand outlook, impact of tariffs on Boeing deliveries, and more. Source
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Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices
People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images President Donald Trump blasted Walmart on Saturday after the country’s largest retailer warned this week that it will have to raise prices because of tariffs. “Walmart should STOP trying to blame Tariffs as the reason […]
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