Airline ETF Takes Flight as Capacity Concerns Abate
This article was originally published on ETFTrends.com......»»
Delta calls 2021 year of recovery after first loss in 11 years
In the first quarter, the Atlanta-based airline expects revenue to fall by 60% to 65% from a year ago and its scheduled flight capacity to shrink by 35%......»»
Alaska, American Cut More Capacity As Airlines Try To Preserve Cash
Alaska Airlines' parent company on Monday dialed back its flight schedule even further and said it had applied for federal worker-protection grants, amid more signs that the airline industry is under extreme financial duress. read more.....»»
American Airlines cuts flight schedule further, keeps one flight to Hawaii
American Airlines Group Inc. announced late Friday additional capacity cuts.The airline said it will suspend 60% of its capacity in April as compared to the same period in 2019, and is plannin.....»»
United to reduce flight capacity by 50%, cut corporate officers’ pay
In the first two weeks of this month, the airline has had more than 1 million fewer customers than the same period last year, United said......»»
Hawaiian Airlines reduces flight capacity as demand for air travel drops
Hawaiian Airlines announced Friday that it will reduce systemwide flight capacity in April and May due to declining demand amid coronavirus fears. The airline plans to reduce capacity by 8-10% in April and 15-20% in May. “We find ourselves in .....»»
Delta Air cuts capacity, goes on hiring freeze to save its cash
Delta Air Lines Inc. will cut capacity by 40% in the next few months, the most in its history, as the airline takes steps to preserve its cash and brace for more fallout from the novel coronavirus pandemic......»»
Alaska Airlines offers travel waivers amid coronavirus concerns
Alaska Airlines is waiving change fees for new flight bookings through March 12 in response to concerns about coronavirus, the company announced Thursday. In what it’s calling the ‘peace of mind’ waiver, the airline is suspending change and cancel.....»»
JetBlue waiving reservation fees due to coronavirus concerns
JetBlue Airways Corp. became the first U.S. airline to announce that it's waiving reservation and cancellation fees due to coronavirus concerns. The New York-based airline (Nasdaq: JBLU) said it will suspend change and cancel fees for new flight book.....»»
American Airlines" newest jet takes its place in fleet
The first American Airlines Airbus A321neo — which arrived in Pittsburgh last month for its initial checks after manufacturing in Germany — is flying its first route for the airline Tuesday. American Airlines Flight 682 is scheduled to leave P.....»»
After Second New Boeing Airplane Goes Down, Experts Voice Concerns — But Answers Will Be a Long Time Coming
"It's an eye opener" Airline operators are racing to find answers following the crash of Ethiopian Airlines Flight 302, which went down shortly after takeoff from Addis Ababa on Sunday morning, killing all.....»»
I used points to upgrade my 13-year-old to business class on a long-haul flight — and I may regret it
I use airline points to u.....»»
Top Stories this AM: Caitlyn Jenner takes a page from Trump"s book; in-flight unruliness will cost you; the WEF is called off, again
One furious flier had to be physically restrained after he attempted to enter the cockpit of a plane. Another was fined more than $25,000 for calling in a bomb threat. Good morning and welcome to your.....»»
A new airline is defending its plan to use college students as cabin crew after blowback from the US" largest flight attendant union
"If you're a fully trained flight attendant, you're a fully trained flight attendant," it said. New hires will earn a $1,200 monthly stipend plus tui.....»»
Crypto bulls challenge Elon Musk"s environmental concerns on bitcoin - but billionaire Mike Novogratz takes a softer stance
The self-proclaimed "Technoking" had only recently agreed with Twitter boss Jack Dorsey, saying bitcoin "incentivizes" renewable energy. Tesla CEO, Elon Musk. Win McNamee/Getty Images Crypto fans decried Elon Musk's unex.....»»
America"s newest airline, known for its $19 flights, is spending $1.2 million to bring its cheap trips to the East Coast
Avelo Airlines just made its Hollywood debut in April and already has plans to expand its low-cost leisure flights to the East Coast by year's end. Flying on the first flight of Avelo Airlines. Thomas Pallini/Insider Avelo Airlines is comi.....»»
American and Alaska are making moves to compete with America"s newest airline before its first flight has even taken off
The two airlines are long-time partners on the West Coast and appear to be teaming up to crush a new entrant, Avelo Airlines. Alaska Airlines and American Airlines aircraft at Los Angeles International Airport. Philip Pilosian/Shutterstock.c.....»»
Infobird"s stock takes flight on its public debut, to trade more than double the IPO price
Infobird Co. Ltd. flew out of the gate Tuesday, as the China-based provider of artificial intelligence-powered customer engagement software's shares were.....»»
Turkish Airlines restructures major deal for Boeing 737 Max jets
In a securities filing, the airline revealed a slew of cancellations, conversions to options, and delivery deferrals "in line with the operational and financial capacity of the company.".....»»
DIA lands new direct flights to Paris via new-to-Denver airline
In addition to replacing the direct flight to Paris Denver lost in January, the move is also another sign of a recovering airline industry......»»
The 30 highest-paying jobs in California
We found the highest-paying jobs in the home of Silicon Valley and Hollywood using data from the Bureau of Labor Statistics. Airline pilots, copilots, and flight engineers are one of the hi.....»»