Wizz Air shares sink as aircraft groundings cut Into profit
Wizz Air Holdings Plc fell the most since the early days of the pandemic after the budget airline cut its profit outlook for the year,…
Virgin Atlantic cuts two Atlantic island routes to trim network
Virgin Atlantic Airways Ltd. will stop operating flights to The Bahamas and Turks and Caicos as the carrier ramps up services to other destinations in…
Boeing names Ortberg as CEO to revive embattled planemaker
Boeing Co. appointed Kelly Ortberg as its next chief executive officer, entrusting a retired veteran of the aviation industry with one of the most complex…
Delta sees $500 million hit from catastrophic system outage
Delta Air Lines Inc. is bracing for a $500 million negative impact from the technology breakdown this month that led to thousands of canceled flights…
JetBlue soars most since 2020 on new CEO’s turnaround plan
JetBlue Airways Corp.’s shares jumped the most in nearly four years as its new chief executive officer detailed plans to revamp the carrier’s operations and…
Cathay fully repays the Hong Kong SAR Government’s HK$19.5 billion investment
Closing a significant chapter in Cathay’s history as it reaches another major milestone on its journey to rebuild
Lufthansa starts savings program as pressure holds on prices
Deutsche Lufthansa AG said it will embark on a savings program that includes phasing out about 50 older long-haul aircraft in the latter part of…
Singapore Air first-quarter profit slides as costs start to hurt
Singapore Airlines Ltd. profit fell in the fiscal first quarter from an all-time high a year ago as higher costs and lower yields continued to…
Hawaiian Air pivots to US mainland to cope with weak yen impact
Hawaiian Airlines is aiming to boost its domestic business to offset a decline in Japanese demand, due mostly to the impact from a sharp fall…
Airline’s dumped climate goal opens door for industry to follow
Air New Zealand Ltd.’s decision to ditch its 2030 emissions target suggests more airlines will also have to confront a harsh reality: There’s simply not…
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