Check out the companies making the biggest moves midday: Hertz — Shares of the rental car company jumped 1.9% after the company announced a partnership with BP’s electric vehicle charging unit t...
Tag: American Airlines Group Inc
Biden administration seeks new rules on airline fee disclosures
Travelers at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, July 2, 2022. As travel is ramping up for the July 4th holiday, staffing shortages are causing problems for some ...
Aviation’s race for breakthrough climate change fuel is just starting
American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC In 1928, one person crossed the Atlantic; in 2018 there were 4.3 billion passenger journeys recorded. ...
Lennar, Coinbase, Array Technologies and more
A worker at a Lennar home under construction. Justin Sullivan | Getty Images News | Getty Images Check out the companies making the biggest moves midday Monday: D.R. Horton, Lennar, PulteGroup — Homeb...
FAA rejects proposal to halve pilots’ flight-time requirement amid shortage
A Republic Airways plane approaches the runway at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, on April 2, 2022. Daniel Slim | AFP | Getty Images The Federal Aviation Admini...
United Airlines partners with one-time foe Emirates, will launch Dubai flights
Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021. Aaronp / Bauer-Griffin | GC Images | Getty Images United Airlines and Emirates will sell seat...
Boeing aircraft deliveries rose to 35 in August as Dreamliners returned
The Lufthansa Boeing 787-9 aircraft stands on its parking position at Frankfurt Airport, with another Lufthansa aircraft in the background. The first Boeing 787-9 jet landed at its new home base in Fr...
The U.S. has a pilot shortage — here’s how airlines are trying to fix it
U.S. airlines are facing a severe pilot shortage. Management consulting firm Oliver Wyman estimates the industry is facing a deficit of about 8,000 pilots, or 11% of the total workforce, and says the ...
Democrats want probe of airline Covid bailouts over staff buyouts
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images Two House Democrats have asked a Treasury Departme...
Airlines’ chaotic summer is over. These 5 charts show how it went
Travelers make their way through Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Get...
Labor Day air travel clears 2019 levels as airlines cap a rocky summer
Reagan National Airport near Washington D.C. Leslie Josephs | CNBC The rocky summer travel season ended on a high note during Labor Day weekend with a surge in air travelers and relatively smooth oper...
Qantas CEO blames ‘little’ government help and Covid for lagging peers
Qantas CEO Alan Joyce told CNBC the airline was not able to return to profit as quickly as other carriers like those in Singapore because it did not receive as much government support and faced a R...
Airline unions urge carriers not to resume buybacks when bailout ban ends this fall
A United Airlines flight crew walks through the terminal at San Francisco International Airport on April 12, 2020 in San Francisco, California. Justin Sullivan | Getty Images The largest U.S. airlines...
American Airlines agrees to buy 20 supersonic planes from Boom
American Airlines has agreed to purchase 20 supersonic Overture planes from Boom Supersonic, the companies announced Tuesday. The deal is the second firm order in the last two years for Boom, still ye...
Even airline employees are having trouble finding a seat home from Europe this summer
International passengers walk through the arrivals area at Terminal 5 at Heathrow Airport on November 26, 2021 in London, England. Leon Neal | Getty Images News | Getty Images Airlines want people to ...
Business travel costs are expected to rise through 2023, report says
Passengers wait for flights with their luggage at Heathrow airport in London Luke MacGregor | Reuters The cost of business travel, from hotels to airfare, is set to rise through 2023 as demand returns...
Boeing delivers first 787 Dreamliner since 2021 after manufacturing flaws
An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | ...
Boeing Dreamliner deliveries to resume in the ‘coming days,’ FAA says
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 will resume deliveries...
International airlines launch battle plans to deal with summer of travel chaos
American Airlines made “short notice” cancellations in July while easyJet changed its schedule when airports announced passenger capacity caps. Stephen Brashear | Getty Images The aviation...
Transportation Department proposes stricter rules for airline refunds after complaints surge
Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Transportation Department on Wednesday proposed stricter rules on when airlines would have to compensate passenge...
How JetBlue’s takeover of Spirit could change air travel
Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines relented this week and agreed to sell itsel...
JetBlue won the battle for Spirit. Now it has to win over Biden’s Justice Department
JetBlue Airlines and Spirit Airlines are seen on the departure board in the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBl...
JetBlue to buy Spirit for $3.8 billion after monthslong fight for discounter
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty...
Spirit Airlines, Frontier terminate deal that was marred by JetBlue’s rival bid
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 Spi...
Spirit shareholders to finally vote on Frontier deal clouded by rival JetBlue bid
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines sha...
Sen. Lindsey Graham introduces legislation to raise mandatory pilot retirement age to 67
A pilot views a departure board at Newark Liberty International Airport (EWR) in Newark, New Jersey, on Monday, Jan. 3, 2022. Christopher Occhicone | Bloomberg | Getty Images As the country’s pi...
Danaher, Tesla, AT&T and more
A woman walks by an AT&T store in Washington D.C. Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Danaher – Shares of the medical conglome...