Post-pandemic travel continues to grow, with the Middle East seeing a faster and stronger recovery in air travel than anticipated. Boeing executives are especially keen to continue making their mark on the region.
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Canada's Bombardier reported third-quarter results that beat analysts' estimates, helped by robust demand for its pricier business jets and aftermarket services.
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The US' goal of rapidly ramping up production of SAF may encounter strong headwinds as producers balk at the low margins for the biofuel and some airlines flag concerns over the costly switch, experts said.
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Later this month, UK-based long-haul carrier will make history when it operates the world's first transatlantic flight powered entirely by sustainable aviation fuel (SAF).
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Southwest Airlines flight attendants would get 36% cumulative pay increases in a new five-year contract, according to details of the tentative agreement shared with crews Wednesday.
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Airlines are facing rising costs from all sides. Delta Air Lines has one potential solution: job cuts. The carrier confirmed plans to lay off some corporate workers as it looks to “better manage costs” in 2024 and beyond.
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The U.S. argued that JetBlue Airways' planned $3.8 billion acquisition of Spirit will lead to higher fares and fewer flights, as the Justice Department urged a federal judge to block the deal.
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The CEO of Spirit Airlines defended in court the planned $3.8 billion acquisition of his company by JetBlue Airways as a means to create a viable competitor to the four larger airlines that dominate the U.S. skies.
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The American Airlines pilot union is working to restore its systems following a ransomware attack, the latest in a rash of cyber incidents affecting the aviation industry.
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FedEx Express is encouraging pilots at its cargo airline to take jobs at a regional passenger carrier because there isn’t enough shipping demand to fill everyone’s flying schedules.
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Ryanair reported a jump in profits after increasing fares in the face of strong demand for summer travel. The airline said passenger numbers rose 11% to 105.4m in the six months to Sept, despite average fares rising 24%.
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Brussels is probing the recent rise in air fares across Europe after airlines pushed up prices by as much as 30 per cent over the summer, leading to bumper profits.
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EasyJet said it has completed a fuel- and noise-reducing retrofit program which means Airbus’s Descent Profile Optimization (DPO) technology is now in place across its fleet.
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DHL Air Austria has operated its first revenue flight with a Boeing 767-300ER freighter, expanding its fleet and increasing its cargo capacity.
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American has bought ten second-hand A321-200Ns from Alaska Airlines. Alaska Airlines retired the ten aircraft, which are just 5.6 years old on average, at the end of September 2023.
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In Q3, Alaska Airlines earned a 12% operating margin (excluding special items), boosted by strong premium demand, contributions from its loyalty program, and growing revenue from its many airline partnerships.
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American has placed a firm order for four Embraer E175 jets to fly with its subsidiary Envoy Air, the Brazilian planemaker said, marking the carrier's second order for the regional jets this year.
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American Airlines experienced a significant Q3 net loss of $545 million and has lowered its profitability forecasts for 2023 due to rising costs and cooling demand for domestic travel.
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It should be the best of times for U.S. airlines with a travel boom still going strong, but investors are nervous demand may soften as the economy falters, making it harder to protect profits from soaring costs.
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