Archer’s Maker test vehicle. Archer Aviation In a few years, Wall Street bankers and other denizens of downtown New York City could get the speedy option to fly to and from Newark Liberty airpor...
Tag: Airlines
Tropical Storm Nicole: Travel impact in Florida
This GOES-East GoeColor satellite image taken at 2:36 p.m. EST and provided by NOAA shows Tropical Storm Nicole approaching toward the northwestern Bahamas and Florida’s Atlantic coastline on Tu...
Boeing’s aircraft deliveries slipped in October on 737 fuselage flaw
A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mcknight | Reuters Boeing‘s aircraft deliveries in October fe...
Airlines face fragile winter, Ryanair CEO says after record summer profits
Ryanair reported record summer profits, but Chief Executive Michael O’Leary warned winter is “very fragile.” ATTILA KISBENEDEK / Contributor / Getty Images Ryanair on Monday reported...
Climate protesters swarm Amsterdam’s Schiphol Airport
Climate activists protest against environmental pollution from aviation at Amsterdam’s Schiphol Airport, in Schiphol, Netherlands November 5, 2022. Piroschka Van De Wouw | Reuters Hundreds of cl...
United Airlines Denver mini lounge opens for time-crunched travelers
United’s new, small-format lounge at Denver International Airport. Source: United Airlines United Airlines is opening a new kind of lounge at Denver International Airport, and it’s not des...
Travel has edge over shopping this holiday season amid inflation
Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their...
Capital A to benefit from tightened economy: CEO Tony Fernandes
Despite soaring oil prices and weakening currencies, the outlook for aviation remains positive due to “extremely strong” demand, said Tony Fernandes, CEO of AirAsia parent company Capital ...
U.S. airlines’ pilot contract negotiations turn rocky
Delta Airlines pilots make their way to Terminal 4 to picket for a new contract at JFK International Airport on September 01, 2022 in New York City. Michael M. Santiago | Getty Images U.S. airlines ar...
Boeing forecasts jump in aircraft deliveries, up to $5 billion in free cash flow next year
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Was...
American Airlines pilots’ union rejects new contract proposal
American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines pilots’ union on Wednesday said its board of directors rejected a tentative ag...
Hawaiian Airlines Stock And The Amazon Cargo Deal
| Getty Images Key Takeaways Amazon is taking a 15% stake in Hawaiian Airlines, which will now move cargo for the retail giant. The deal helps the air carrier generate income as passenger volume has y...
United pilots reject contract deal that ‘fell short’
United Airlines planes at Newark Liberty International Airport Leslie Josephs | CNBC United Airlines pilots “overwhelmingly” rejected a tentative agreement that would have given pilots rai...
Delta pilots vote in favor of potential strike as contract talks drag on
Delta pilots picket for a better contract outside of John F. Kennedy International Airport. Leslie Josephs | CNBC Delta Air Lines pilots voted overwhelmingly to authorize a strike if contract talks be...
Want to book a flight but pay for it next year? Here’s how it works
Travel demand is still picking up, and so are the prices of flight tickets. Surging prices are causing some to cut back on spending, but others are finding new ways to pay for their holiday plans. Mo...
American Airlines offers pilots higher raises in new contract proposal
Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport. Mike Stone | Reuters American Airlines‘ pilots union is weighing an offer for high...
Southwest (LUV) earnings 3Q 2022
A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Luke Sharrett | Bloomberg | Getty ...
White House hammers economic issues with attack on ‘junk fees’ two weeks out from Election Day
U.S. President Joe Biden delivers remarks on the U.S. economy from an auditorium on the White House campus in Washington, U.S. October 26, 2022. Jonathan Ernst | Reuters The White House is working to ...
Boeing (BA) earnings Q3 2022
Boeing reported a $3.3 billion quarterly loss Wednesday as problems in its defense unit countered strides in its commercial aircraft business. The manufacturer, however, generated nearly $3 billion in...
Heathrow Airport says passenger demand won’t return for years
The biggest airport in Europe by passenger numbers, London’s Heathrow, is not expecting to come into profit this financial year. Anadolu Agency / Contributor / Getty Images Heathrow Airport repo...
JetBlue (JBLU) earnings Q3 2022
A JetBlue Airways Corp. plane prepares for landing at LaGuardia Airport in New York, U.S., on Tuesday, April 18, 2017. Bloomberg | Bloomberg | Getty Images JetBlue Airways eked out a $57 million profi...
Airlines have the passengers. Now they need the planes
The first U.S.-made Airbus jetliner moves down the assembly line at the company’s factory in Mobile, Alabama, U.S. on September 13, 2015. Picture taken on September 13, 2015. Alwyn Scott | Reute...
American Airlines And Pilot Union Negotiators Have A Tentative Deal
American Airlines Boeing 787 Dreamliner touches down in Athens in July. (Photo by Nicolas Economou) NurPhoto via Getty Images Allied Pilots Association negotiators have reached a tentative contract de...
Five Management Mistakes Most Airlines Regularly Make
Airline management often makes the difference between airlines that succeed and those that fail. getty Airlines around the world have been a cyclically profitable business. Some airlines thrive while ...
This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market
On the heels of last week’s bullish turn for stocks, the setup is looking slightly less positive for Monday. Hong Kong stocks may be affecting the mood with a giant slump after China’s leader cemented...
Stock-market investors brace for busiest week of earnings season. Here’s how it stacks up so far.
So far, so good? Stocks ended the first full week of the earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA, +2.47%, S&P 500 SPX, +2.37% and Nasdaq Composite CO...
American Airlines Plans To Do Away With First-Class Seats On International Flights
American City Business Journals EVgo hires former Google exec Tanvi Chaturvedi as chief revenue officer EVgo Inc., operator of a national fast-charging network for electric vehicles, has hired veteran...
American Airlines Changes International Flights in Surprising Way
There are many reasons everyone hates the airline industry at the moment. Lost luggage has become increasingly common, and some irate passengers have become so unhinged, often due to covid-induced str...
Amazon hires Hawaiian Air to fly rented Airbus cargo jets to replace older freighters
Air cargo containers with the logo of Amazon are seen at Miami International Airport, in Miami, Florida, United States on June 16, 2021. Marco Bello | Anadolu Agency | Getty Images Amazon has hired Ha...
Why cheap airfare is so hard to find this year
United’s check-in area at Washington Dulles International Airport. Leslie Josephs | CNBC Cheap airfares are hard to find, and it might not get much easier in 2023. Between staffing shortages, ai...
Ranking Airlines Based Only On Twitter Comments Is Highly Suspect
Twitter is used overwhelmingly for negative comments, making it a suspect source as a airline … [+] rankings tool. getty There are many ways to rank airlines. Financially, results matter and Wal...