Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC Airfare fell 6.4% in January from a year earlier, the Labor Department said in its monthly consumer price index on Tuesday. It might not last too long. January is typically a slower month for travel as customers take fewer trips … Read more
CHICAGO, ILLINOIS – JANUARY 24: American Airlines workers picket at O’Hare International Airport on January 24, 2023 in Chicago, Illinois. The workers, mostly flight attendants with the Association of Professional Flight Attendants (APFA), were picketing to demand better working conditions as their contract negotiations continue. (Photo by Scott Olson/Getty Images) Scott Olson | Getty Images … Read more
A JetBlue Airways plane prepares to depart New York’s LaGuardia Airport. Leslie Josephs/CNBC In the 24 years since JetBlue Airways‘ first flight, the New York-based airline has pushed the envelope for a carrier of its size. Now, with some veteran executive hires and cost-cutting, it’s trying to get back to basics. JetBlue was a pioneer in seat-back … Read more
JetBlue planes at JFK’s Terminal 5 in New York. Leslie Josephs/CNBC JetBlue Airways swung to a loss in the fourth quarter and forecast lower capacity this year as it scrambles to return to profitability. The New York-based airline reported a net loss of $104 million for the last three months of 2023, compared with a … Read more
Southwest Airlines ranked as the second-best domestic airline, according to Bounce’s 2023 Airline Index. Aaronp/bauer-griffin | Gc Images | Getty Images Southwest Airlines has taken the Boeing 737 Max 7 out of its fleet plans as regulators haven’t yet certified the smallest model of the manufacturer’s best-selling plane. Southwest became the latest of the major … Read more
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty Images American Airlines on Thursday posted a $19 million profit for the last three months of 2023, topping Wall Street estimates on the top and bottom lines. Shares of the company rose … Read more
Michael Whitaker, nominee to be the next administrator of the Federal Aviation Administration (FAA), testifies during a Senate Committee on Commerce, Science, and Transportation hearing on Capitol Hill October 4, 2023 in Washington, DC. The FAA has been without a Senate-confirmed administrator for 18 months. (Photo by Drew Angerer/Getty Images) Drew Angerer | Getty Images … Read more
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines shares rose about 4% Tuesday after the company reported higher-than-expected earnings and revenue for the fourth quarter. The carrier hit its full-year adjusted earnings target of between $10 and … Read more
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019. Justin Sullivan | Getty Images United Airlines on Monday forecast a first-quarter loss due to the Federal Aviation Administration’s grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska Airlines … Read more
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images United Airlines on Monday forecast a first-quarter loss due to the FAA grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska … Read more
