Major Airlines Cut China Services Amid High Costs, Low Demand
Global airlines are reducing or entirely suspending services to China, citing increased costs from longer routes and weak demand. Following… Read More »
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 »
Frontier Airlines Eyes New Bid for Spirit Airlines
Frontier Airlines is reportedly considering a renewed bid for Spirit Airlines, according to a recent article by the Wall Street… Read More »
Spirit Airlines Extends Debt Deadline to Avoid Bankruptcy
Spirit Airlines has successfully secured a short-term extension for its debt repayment deadline, buying the low-cost carrier more time to… Read More »
Airlines Challenge Dublin Slot Cap in Irish Court
The Irish High Court has granted permission to Ryanair, Aer Lingus, and Airlines for America (A4A) to pursue a judicial… Read More »
Hainan Airlines Expands in Austria with New Chengdu-Vienna Route
Hainan Airlines is set to launch a new route between Chengdu Tianfu International Airport (TFU) and Vienna Airport (VIE) on… Read More »