American Airlines Group Inc
American Airlines’ new CEO vows reliability as massive peak travel season kicks off
An American Airlines Boeing 777-300ER plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. Loren Elliott | Reuters American Airlines’ new CEO Robert Isom is aiming for one thing this summer: reliability. The airline grew faster than its large competitors last year and occasionally passengers faced widespread disruptions, the result of routine […]
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Will the battle for Spirit set off a rush for airline deals? Here’s what could happen
A previous wave of U.S. airline consolidation left four airlines in control of more than three-quarters of the U.S. air travel market. Source
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Stocks could stay choppy as fears about the Fed overshadow earnings news
Traders on the floor of the NYSE, March 29, 2022. Source: NYSE Earnings season is here, and it may distract investors from other issues, but it’s not likely to be the big driver of the overall market in the week ahead. Investors instead will keep an eye on the things that have been worrying the […]
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American Airlines pilots’ union sues carrier over request to help with training on days off
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images The union that represents American Airlines’ pilots sued the carrier in federal court Thursday to block a program that encourages aviators to help with simulator training, an initiative […]
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Stocks making the biggest moves midday: JPMorgan, Delta Air Lines, PayPal
The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Check out the companies making headlines in midday trading. JPMorgan Chase – Shares fell 3.5% as JPMorgan Chase reported a $524 million hit from market dislocations […]
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Delta forecasts a quarterly profit as travelers keep flying despite higher fares, helping offset surging fuel costs
A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Images Delta Air Lines expects to return to a profit this quarter thanks to a jump in bookings — and fares — that […]
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Denver over Dubai: U.S. airports dominate rankings of world’s busiest last year
Travelers walk through Terminal A at Orlando International Airport on Christmas Day, Saturday, December 25, 2021. Stephen M. Dowell | Orlando Sentinel | Getty Images U.S. airports made up eight of the 10 busiest hubs around the world last year, according to new rankings released Monday, as a jump in domestic leisure travel displaced some […]
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Who loses if JetBlue buys Spirit? Comedians
Travelers check in for a Spirit Airlines flight at Orlando International Airport on the Friday before Memorial Day. Paul Hennessy | Lightrocket | Getty Images JetBlue’s surprise $3.6 billion cash bid for Spirit is threatening the latter’s plan to merge with Frontier into a discount airline behemoth. It’s also threatening one of comedians’ favorite sources […]
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JetBlue is willing to shell out $3.6 billion for discount airline Spirit because it wants to take on bigger carriers
View of JetBlue planes at Terminal 5 of John F. Kennedy International Airport on May 12, 2020 in New York, NY. Pablo Monslave | Getty Images JetBlue on Wednesday said its $3.6 billion all-cash bid for ultra-low cost carrier Spirit Airlines would help it grow across the country and better compete against larger airlines. The […]
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Airlines cancel hundreds of weekend flights as thunderstorms sweep through Florida
A Southwest Airlines jet sits at a gate at Orlando International Airport in Orlando, Florida, U.S., October 11, 2021. Joe Skipper | Reuters Airlines canceled hundreds of weekend flights and thousands more were delayed as thunderstorms in Florida slowed traffic in one of the country’s top travel destinations during spring break. More than 5,900 U.S. […]
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