Boeing and airline stocks tumble as new Covid variant spurs travel curbs
Boeing, airlines and other travel stocks tumbled on Friday after several European and Asian countries announced new travel restrictions from… Read More »
The rich are getting richer, and they’re fueling a private jet boom
Private jet demand is booming — to the extent that companies can’t produce them quickly enough and buyers are facing… Read More »
European and Asian nations suspend flights from South Africa
A number of European and Asian nations have suspended flights from southern Africa after authorities announced a new coronavirus variant… Read More »
American, JetBlue seek dismissal of antitrust lawsuit tied to partnership
American Airlines and JetBlue Airways on Monday asked a U.S. judge to dismiss a lawsuit that the Justice Department and… Read More »
Flights briefly halted after accidental gun discharge at Atlanta airport
An accidental gun discharge at Hartsfield-Jackson Atlanta International Airport’s security screening area on Saturday afternoon led to all departing flights… Read More »
Business travel to surge in 2022, but full recovery still two years away
Business travel spending worldwide will likely jump more than 37% next year to over $1 trillion but the normally lucrative… Read More »
Why airlines struggle to stay profitable
Billionaire investor Warren Buffett once called himself an “air-o-holic” because of how tempted he is to invest in commercial airlines…. Read More »
Boeing exec says “The freighter markets are on fire right now. That’s where we see real growth”
A top executive at Boeing has underlined the importance that cargo now plays in the aerospace industry, nearly two years… Read More »