Southwest Airlines and Elliott Reach Deal to Keep CEO
Southwest Airlines has entered into a significant agreement with activist hedge fund Elliott Investment Management, successfully averting a potential proxy… Read More »
American Airlines Boosts 2024 Profit Forecast Amid Losses
American Airlines has announced a third-quarter loss but has simultaneously raised its profit forecast for the year, signaling that its… Read More »
Southwest Airlines Exceeds Profit Estimates, Sees Q4 Revenue Growth
Southwest Airlines has reported a third-quarter profit that, while lower than the previous year, surpassed Wall Street expectations as the… Read More »
Researchers Develop Backup Navigation System for Aircraft Using Cellphone Towers
In a world increasingly reliant on GPS for navigation—from casual weekend road trips to critical commercial airline routes—a team of… Read More »
NTSB Links Atlas Air Boeing 747 Engine Fire to Improper Maintenance
The National Transportation Safety Board (NTSB) has released its final report on an engine fire incident involving an Atlas Air… Read More »
airBaltic Prices Extra €40M Bond Issue
Latvia’s leading airline, airBaltic, has announced the pricing of an additional €40 million bond issue, bringing its total bond issuance… Read More »
India’s Aviation Safety Body Meets Airline CEOs After 70 Bomb Threats in 6 Days
In response to an unprecedented 70 bomb threats targeting Indian airlines within six days, officials from the Bureau of Civil… Read More »
Malaysia Airlines Delays A330-900neo Debut Due to Airbus Issues
Malaysia Airlines (MH, Kuala Lumpur International) has postponed the introduction of its first Airbus A330-900neo due to findings identified by… Read More »