United Airlines Holdings Inc
Airfares are finally starting to cool as peak summer travel season fades. Now what?
Passengers are seen at the Delta Air Lines check-in counters at Hartsfield-Jackson Atlanta International Airport ahead of the Fourth of July holiday in Atlanta, Georgia, July 1, 2022. Elijah Nouvelage | Reuters Flights, believe it or not, are getting cheaper. Airfares fell a seasonally-adjusted 1.8% from May to June, according to the latest U.S. inflation […]
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United Airlines, pilots’ union to renegotiate contract after last deal faced opposition
United Airlines and its pilots’ union are going back to the negotiating table for a new contract, a setback for the carrier after it was the first to reach a tentative agreement since the pandemic started. The United branch of the Air Line Pilots Association acknowledged Wednesday that the current agreement “fell short” of some […]
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5 things to know before the stock market opens Wednesday
Traders work on the floor of the New York Stock Exchange (NYSE) on May 12, 2022 in New York City. The Dow Jones Industrial Average fell in morning trading as investors continue to worry about inflation and other global issues. Spencer Platt | Getty Images Here are the most important news items that investors need […]
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Delta posts profit despite jump in costs, vows to improve reliability after difficult summer start
An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines on Wednesday reported a quarterly profit thanks to travelers willing to pay up to fly, more than making up for higher costs. The carrier also vowed to improve reliability after an increase in delays and cancellations prompted it to […]
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Frontier urges Spirit to delay vote again, let shareholders consider ‘best and final’ offer
A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images Frontier Airlines has asked Spirit Airlines to further delay a shareholder vote on their planned merger to drum up more support from investors amid a bidding […]
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Another vote delay leaves Spirit’s merger with Frontier in question while JetBlue circles
The fate of Spirit Airlines’ merger with fellow budget carrier Frontier Airlines is growing murkier. Spirit this week delayed its shareholder meeting for a third time, opening the door to more talks from both Frontier and rival suitor JetBlue Airways. The latter two delays each came just hours before Spirit shareholders were due to vote […]
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Biden taps Denver airport chief Phil Washington to head the FAA
An American Airlines plane lands at Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images President Joe Biden on Wednesday nominated Phil Washington, the head of Denver International Airport, to lead the Federal Aviation Administration. Washington’s nomination to run the agency, which has roughly 45,000 employees, comes after […]
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U.S. flight disruptions finally ease as the holiday weekend winds down
Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois. Andrew Woodley | Universal Images Group via Getty Images U.S. airline delays eased on Monday as weather improved, bringing welcome news for travelers and airlines as the July Fourth holiday weekend comes to an end. As of midday Monday, 980 U.S. flights were […]
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Fourth of July travel surge puts airlines — and passengers — to the test
Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Fourth of July holiday weekend will put airlines to the test after a messy spring angered travelers and drew sharp criticism from Washington. Already this year, the rate of flight cancellations and delays in June is higher than before […]
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American Airlines offers pilots nearly 17% raises in new contract proposal
Pilots talk as they look at the tail of an American Airlines aircraft. Mike Stone | Reuters American Airlines CEO Robert Isom on Thursday said the carrier has offered its pilots pay raises totaling nearly 17% under a new contract, according to an internal video seen by CNBC. The latest proposal to the pilots’ union, […]
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