United slumps on loss forecast as airlines warn of high costs
United Airlines Holdings Inc. tumbled the most in three months after warning that high labor costs will result in a surprise loss this quarter.
JetBlue-Spirit DOT action paused until “Antitrust Suit” is decided
Federal transportation regulators will decide whether to challenge JetBlue Airways Corp.’s purchase of Spirit Airlines Inc. only after the Justice Department’s lawsuit to block the…
United slumps after forecast of surprise loss on labor costs
United Airlines Holdings Inc. warned it will post a surprise loss this quarter as it grapples with high labor costs.
Indian aviation industry gradually moving out of turbulent phase
The international passenger traffic for Indian carriers is likely to surpass the pre-Covid levels in FY2023 itself while exceeding the peak of FY2019 in FY2024
HiFly welcomes second A330-200 to the fleet
The charter-lessor operator HiFly has in recent days announced their acquisition of a second Airbus A330-200 aircraft.
S&P Global Ratings: Criteria for Global Aircraft ABS published
S&P Global Ratings today published its global criteria for rating aircraft and aircraft engine asset-backed securities (ABS), "Criteria: Global Aircraft ABS: Methodology And Assumptions." We…
Airlines are struggling with engines just as travel rebounds
This year was supposed to herald air travel’s big comeback, with China reopening, airlines ramping up flight schedules and airports going on a hiring spree…
U.S. Cargo and passenger airlines added 3,093 Jobs in January 2023
Employment Remains 7.8% Above Pre-Pandemic January 2019...
FedEx strengthens recruitment in India, and announces Advanced Capability Community in Hyderabad
Each community is planned to be staffed by full-time FedEx team members across many functional areas who will provide...
Southwest Airlines first to fly Aero Design Lab’s Drag Reduction Kit in revenue service
New Drag Reduction Kit designed to reduce fuel burn rate and lower carbon emissions intensity
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