American Air slashes profit outlook after strategic misstep
American Airlines Group Inc. slashed its earnings outlook for this quarter and the full year as it works to bounce back from earlier blunders that…
RTX profit jumps as travel boom buoys demand for jet repairs
RTX Corp.’s second-quarter profit topped exceeded investor expectations as strong demand for air travel lifted the commercial aerospace units at the maker jet engines and…
Delta expected to take $500 million hit as disruptions start to ease
Delta Air Lines Inc. is expected to take a sizable financial hit this quarter from the system breakdown that led to thousands of canceled flights…
IAG’s Air Europa deal on verge of collapse after EU pushback
IAG SA’s planned €400 million ($434 million) takeover of Air Europa is on the verge of collapse for the second time after European Union officials…
Portugal reiterates plan to privatize state-owned airline TAP
Portugal’s government reaffirmed it plans to privatize state-owned airline TAP SA, adding that the terms of the sale are still to be defined.
Airlines rue lack of planes as Boeing, Airbus delays stack up
Exasperation trumped exuberance at aviation’s largest annual trade expo, as airline executives lamented a shortage of Boeing Co. and Airbus SE aircraft that’s shown no…
Airbus says any demand slowdown offers respite to strained lines
Airbus SE said any potential slowdown in demand will provide some breathing space as it struggles to ramp up production and deliver its growing backlog…
Boeing resumes China 737 Max deliveries after two-month halt
Boeing Co. said it has resumed deliveries of its cash-cow 737 Max aircraft to airlines in China, a much-needed boost for the beleaguered manufacturer and…
Qatar Airways says Airbus delivering jets early as links improve
Two years ago, Qatar Airways’ relationship with Airbus SE was on the ropes. The two companies were facing off in court over what the airline…
Delta flight disruptions probed by US after deluge of complaints
Delta Air Lines Inc. is under investigation by US transportation authorities over its handling of a technology glitch that has led to thousands of canceled…
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