Qatar Airlines has been named the top airline in the world by Skytrax. But this ranking ignores … [+] price paid, or value received, and mostly rewards airlines that fly long-distance flights an...
Tag: Airlines
Thiel Capital, Mesa Air invest in electric seaglider startup Regent
(Illustration) REGENT is developing a flying, electric sea glider with a top speed of 180 miles per hour. Courtesy: REGENT Thiel Capital and regional aviation providers Mesa Air Group are investing in...
Bob Jordan is now Southwest Airlines’ new CEO. Here’s what’s on his plate
Southwest Airlines Executive Vice President Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange (NYSE) in New York City, U.S., December 9, 2021. Brendan McDermid | Reute...
Airlines Push White House To Scrap Covid Test Mandate For Vaccinated International Travelers
Topline Lobbying group Airlines for America urged the White House on Wednesday to drop a rule requiring vaccinated passengers to test for Covid-19 ahead of U.S.-bound international flights, hoping to ...
Airlines ask Biden to drop Covid testing for vaccinated travelers before U.S.-bound flights
A traveler wears a face mask while checking their phone on the arrivals level outside the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) amid increased Covid-19 t...
Massive winter storm grounds hundreds of flights across the U.S.
Travelers wait at the check-in counters of Southwest Airlines at Dallas Love Field Airport in Dallas, Texas, the United States, Dec. 17, 2021. Guangming Li | Xinhua News Agency | Getty Images Airlines...
Microsoft, Shell invest in LanzaJet, sustainable jet fuel start-up
The LanzaJet Freedom Pines Fuels plant in Soperton, Ga., is expected to begin producing 10 million gallons of SAF and renewable diesel per year from sustainable ethanol in 2023. Photo courtesy LanzaJe...
Americans are ready to travel as their omicron fears fade
Göreme, in the Cappadocia region of central Turkey. Westend61 | Westend61 | Getty Images Americans’ enthusiasm for travel has rebounded to levels unseen since the broad rollout of Covid-19 vacci...
Bears beware. Past corrections for the S&P 500 are only 15% on average, outside of recessions
Even after a rough January for Wall Street, it might take the U.S. economy slipping into a recession before the S&P 500 index risks entering a bear market, according to Oxford Economics. “Equities...
Boeing wins Qatar Airways order for 737 Max planes, new 777X freighters
The Boeing 777-8 Freighter The Boeing Company Boeing won a big order from Qatar Airways on Monday as the airline feuds with rival manufacturer Airbus. Shares of Boeing surged on the orders, up more th...
Over 3,500 U.S. Flights Canceled As Nor’easter Slams East Coast–Here Are The Most Affected Airports And Airlines
Topline With a massive snowstorm causing disruption on the East Coast, airlines have canceled 3,560 flights within, into or out of the United States so far Saturday, with another 855 delayed, accordin...
What to expect from markets in the next six weeks, before the Federal Reserve revamps its easy-money stance
Federal Reserve Chairman Jerome Powell fired a warning shot across Wall Street last week, telling investors the time has come for financial markets to stand on their own feet, while he works to tame i...
Winter storm set to snarl Northeast air travel
JetBlue Airways Corp. Craig Warga | Bloomberg | Getty Images Airlines have canceled hundreds of flights ahead of a winter storm that forecasters expect will bring high winds and potential for more tha...
Southwest weighs bringing onboard booze back this spring
Seen reflected through a double window, a Southwest Airlines airplane taxies from a gate at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Kev...
Southwest Airlines CEO warns omicron could result in a Q1 loss
Southwest Airlines Co (NYSE: LUV) climbed 2.0% in the stock market on Thursday after turning its first adjusted quarterly profit since the start of the pandemic on solid demand for leisure travel. Not...
Southwest Airlines says omicron will drive a loss in the first quarter, but expects 2022 profit
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines expects to lose money in the first quarter after the omicron variant of Covid-19 hurt staffing and bookings, but it said profits are ...
Boeing posts third annual loss in a row as Dreamliner costs hit $5.5 billion
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 Boeing hit a key milestone in...
Airbus to rent out its giant Beluga aircraft in bet on air cargo boom
An Airbus Beluga transport aircraft takes off from the Airbus plant in Hamburg-Finkenwerder. Marcus Brandt | picture alliance | Getty Images Airbus on Tuesday said it is renting out its giant Beluga a...
The 737 Max may be back, but Boeing is still trying to get back on course
A Boeing 737 MAX 7 aircraft lands during an evaluation flight at Boeing Field in Seattle, Washington, September 30, 2020. Lindsey Wasson | Reuters One year since Boeing’s embattled 737 Max retur...
What’s driving the spike in air rage incidents
There were more than 5,700 reports of air rage on U.S. airlines in 2021 compared with a typical year of about 100 to 150 cases. The surge in problem flyers is causing headaches for carriers, passenger...
Understanding The 5G Issue For U.S. Airlines And How To Resolve It
As cell companies look to roll-out 5G, airlines and the FAA have raised concerns about interference … [+] with onboard equipment. This standoff was avoidable and will be solved with better commu...
American Airlines announces its fourth-quarter financials for 2021
American Airlines Group (NASDAQ: AAL) reported a $9.4 billion revenue in the fourth quarter of 2021. The net loss in the same quarter came to around $931 million, representing $1.44 per share. When ne...
Travelers, American Airlines, Signet Jewelers and more
Check out the companies making headlines before the bell: Travelers (TRV) – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue ...
American Airlines London-bound flight turns back to Miami after passenger refuses to wear mask
An American Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images American Airlines said a flight to London returned to Miami late Wednesday because a passenger refused to comply...
American Airlines (AAL) revenue grew in fourth quarter, posts narrower loss
American Airlines posted its highest revenue of the pandemic during the fourth quarter as bookings rose, but it still reported a loss, as the spread of the omicron variant hurt bookings. “Over t...
American Airlines Flight U-Turns Over Atlantic After Passenger Refused To Wear Face Mask
Topline An American Airlines flight from Miami to London on Wednesday night turned around over the Atlantic ocean after a passenger reportedly refused to wear a face mask, the latest example of unusua...