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Airline stocks soaring on optimism, fueled in part by federal aid
The $1.9 trillion COVID-19 relief act signed Thursday by President Joe Biden gives airlines another $14 billion to cover a.....»»
Spirit Airlines to require passengers to wear face masks
Spirit Airlines will require all passengers and employees to wear face masks starting May 11, according to a Sunday announcement from the Miramar-based discount airline. The announcement follows similar mandates instituted in recent days by U.S. a.....»»
Southwest CEO on coronavirus: "We could discount prices tomorrow and it wouldn"t do any good"
Southwest Airlines Chief Executive Gary Kelly said on Thursday that the airline was not running dramatic fare sales in response to a drop-off in demand due to the spreading coronavirus......»»
Mexico"s Aeromexico reaches compensation agreement with Boeing on MAX crisis
Mexican airline Aeromexico said on Monday it had reached a compensation agreement with Boeing Co in relation to the temporary grounding of the planemaker's 737 MAX aircraft......»»
Aeromexico reaches compensation deal with Boeing over MAX crisis
Mexican airline Aeromexico said on Monday it had reached a compensation deal with Boeing Co related to the grounding of the planemaker's 737 MAX aircraft, joining a growing list of global airlines settling with the U.S. company......»»
Airline stocks sink as Middle East tension sends crude oil prices soaring
Airline stocks sank Friday, as the U.S. airstrike that killed an Iraqi militia's deputy commander sent crude oil prices soaring. Shares of Am.....»»
Ryanair growth to stall on further Boeing jet delays
Ryanair expects further delay to its Boeing MAX 737 deliveries and may still be without the jets next summer, it said on Monday after half-year results that gave the Irish airline's shares a 7% uplift......»»
By the numbers: How discount airlines changed the game at RDU
Top brass at Raleigh-Durham International Airport’s largest airline by passenger count aren't worried about its fastest-growing RDU competitor – at least not according to CEO Ed Bastian......»»
Emirates says airline can still fly to Mexico, despite court ruling
Emirates still has the right to offer flights to Mexico City, the Dubai state-owned carrier said on Sunday, after Mexican airline Aeromexico disputed an agreement between the United Arab Emirates and Mexico......»»
JetBlue stock jumps 2.4% premarket after Buckingham upgrades it to buy
Shares of discount airline JetBlue Airways rose 2.4% in premarket trade Monday, after Buckingham Research upgraded the stock to b.....»»
American’s stock leads airlines lower as oil price spike fuels concerns
Shares of airline companies suffered a broad beating Monday, led lower by American Airlines Group Inc.’s stock, as soaring crude-oil prices stoked fears that rising fuel costs would act as a drag on earnings......»»
American’s stock leads airlines lower as oil price spike fuels costs, pricing concerns
Shares of airline companies suffered a broad beating Monday, led lower by American Airlines Group Inc.’s stock, as soaring crude-oil prices stoked fears that rising fuel costs would act as a drag on earnings......»»
FAA proposes $715,000 fine for Allegiant over engine work
Federal safety regulators want to fine Allegiant Air more than $715,000, saying the discount airline failed to properly fix an engine that put out hotter-than-normal exhaust fumes......»»
Mexico says tariffs will send tomato prices soaring in US
Mexico's Economy Department says U.S. consumers could pay 38% to 70% more for tomatoes after the U.S. Commerce Department announced it would re-impose anti-dumping duties on Mexican imports......»»
Europe’s Discount Airlines ‘Democratized’ Air Travel. Now They’re Going Belly-Up
A string of airline failures—Air Berlin, Monarch, WOW—prompts the question: what changed? In 1992, the U.S. witnessed the trial of John Gotti, the election of President Bill Clinton and the devastating arrival of Hurric.....»»
In One Chart: Avocado price spike illustrates danger to U.S. economy of Mexican border closure
Haas avocados are far from the biggest U.S. import from Mexico, but soaring prices of the popular buttery fruit offer a taste of how the economy could be harmed if President Donald Trump closed the border......»»
Brexit is hurting travel industry, airline warns
Discount airline easyJet has warned that the U.K.'s pending withdrawal from the European Union is causing travelers to hold back on booking tickets. .....»»
BWI airline Wow Air shuts down
An international airline that serves BWI/Marshall Airport has ceased operations completely, Bloomberg reports. Icelandic discount carrier Wow Air Hf ended operations Thursday, canceling all 29 of its scheduled flights and leaving about 2,700 passe.....»»
Mexico"s Aeromexico suspends Boeing 737 MAX planes
Mexican airline Aeromexico said on Monday it had suspended the operation of its six Boeing 737 MAX 8 planes until it had clear information about the investigation into the crash of an Ethiopian Airlines jet on Sunday......»»
Why Controladora Vuela Co Avcn SA CV"s Shares Plunged 20% Today
This Mexican airline is seeing pressure from all sides......»»