June 2024 U.S. airline traffic data up 6.7% from the same month last year
U.S. airlines carried 89.7 million systemwide (domestic and international) scheduled service passengers in June 2024, according to the Bureau of Transportation Statistics (BTS). When adjusted…
Qantas paid Joyce $2.3 million for two months as brand decayed
Former Qantas Airways Ltd. Chief Executive Officer Alan Joyce was paid A$3.4 million ($2.3 million) for little more than two months’ work before he left…
Boeing strike threat looms as workers vote on contract
Boeing's U.S. West Coast factory workers started voting on Thursday on a much-criticized new contract and a possible strike, piling pressure on the planemaker as…
Alaska Air raises profit outlook on demand, lower fuel costs
Alaska Air Group Inc. boosted its outlook for third-quarter profit on strong summer demand and lower-than-expected fuel costs.
China Development Bank aviation unit buys 80 Airbus A320neos
China Development Bank Financial Leasing Co. agreed to buy 80 Airbus SE jets in the A320neo lineup to increase the proportion of more fuel-efficient next-generation…
Boeing faces possible strike on Friday over labor contract
Boeing faces a possible strike as early as Friday if most of the U.S. planemaker's factory workers in the Pacific Northwest vote on Thursday to…
Boeing says bargained in good faith with union for labor deal
Boeing bargained in good faith with one of its biggest unions for the new labor contract and "did not hold back with an eye on…
No-frills US carrier Frontier hikes margin forecast on moderating capacity growth
Frontier expects its third-quarter margins to improve compared to its prior forecast as capacity cuts offset the impact of moderating domestic travel demand, the no-frills…
Honeywell CEO says ability to supply parts will determine aerospace unit’s growth
(Reuters) - Growth in Honeywell's aerospace business next year will be determined by its ability to supply parts to Boeing and Airbus, not demand, the…
Business groups urge Ottawa to prevent Air Canada pilots strike
Around 100 business groups on Wednesday urged Ottawa to prevent a strike by Air Canada pilots, saying a stoppage would disrupt supply chains and spoil…
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