American Airlines planes sit at the gate at Los Angeles International Airport (LAX) in Los Angeles, California, on July 26, 2023. Daniel Slim | AFP | Getty Images American Airlines will slash its capacity growth in the second half of the year and consider a host of other changes, CEO Robert Isom said Wednesday, a … Read more
American Airlines passenger jets are lined up at the gates at Ronald Reagan Washington National Airport in Arlington, Virginia, on Feb. 10, 2024. J. David Ake | Getty Images American Airlines slashed its sales outlook on Tuesday and said its chief commercial officer, Vasu Raja will leave the company next month. American said it expects … Read more
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing will burn through cash this year and … Read more
U.S. President Joe Biden departs the White House in Washington, U.S., for a campaign fundraiser in California, May 9, 2024. Craig Hudson | Reuters President Joe Biden has had it out for corporate America for much of his term. Over the past three years, he has worked to dethrone the interests of big businesses and … Read more
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines is doing away with both change and cancellation fees, effective immediately, days after Frontier’s similar announcement, part of an overhaul of the country’s biggest discount carriers’ … Read more
Coroimage | Moment | Getty Images Americans traveling this summer have broadly seen prices fall for airline fares, a welcome trend after last year’s sticker shock. But airfare remains more expensive in 2024 for some regions and destinations, largely for trips abroad, data shows. For example, an average round-trip flight to Tokyo, Japan — one … Read more
People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers. But Big Macs and kitchen remodels aren’t. The most recent … Read more
Klaus Vedfelt | Digitalvision | Getty Images If you plan to spend money on travel as the days get longer, sunnier and warmer, be careful: It could leave you with high-interest debt you will still be paying off through the fall and winter. Almost half (45%) of Americans plan to take a summer trip requiring … Read more
A Frontier Airlines plane lands at the McCarran International Airport in Las Vegas on Feb. 27, 2020. Elizabeth Page Brumley | Tribune News Service | Getty Images Frontier Airlines said it will stop charging customers a fee to change their flights, taking a page from larger competitors as the Biden administration issues stricter rules targeting … Read more
A United Airlines 737 Max 8 Leslie Josephs | CNBC United Airlines said the Federal Aviation Administration has cleared it to add new aircraft and routes months after the regulator stepped up its scrutiny of the carrier after several safety incidents. “Today, we got some good news: after a careful review and discussion about the … Read more
