Airfares Cooling Down as Carriers Boost Services for Peak Season
Recent U.S. inflation data revealed a notable 8.1% decline in airfares during June, making it the most substantial drop in… Read More »
FAA Introduces High-Speed, High-Altitude Flight Routes to Alleviate East Coast Congestion
The Federal Aviation Administration (FAA) has recently introduced 169 new flight routes in an effort to reduce congestion in the… Read More »
Qatar Airways Reports Record Revenue Boosted by FIFA World Cup
Qatar Airways Group announced record annual revenue for the fiscal year 2022/23, attributing its financial success to the FIFA World… Read More »
Severe Weather and FAA Shortfalls Cause Rocky Start to Summer Air Travel
Severe storms and staffing issues have led to a turbulent beginning for summer air travel, resulting in flight disruptions and… Read More »
United Airlines to Offer Digital Meal and Hotel Vouchers for Disrupted Travel
United Airlines is introducing a new digital solution to streamline the process of compensating passengers for disrupted travel. Instead of… Read More »
Qantas and University of Sydney Collaborate to Tackle Jet Lag on Ultra-Long-Haul Flights
Airlines and researchers are teaming up to combat jet lag during ultra-long-haul flights. Qantas, in partnership with the University of… Read More »
Aerospace Industry Soars as Passenger Planes are Converted to Cargo Freighters
The aerospace industry has experienced significant growth in a niche sector driven by surging air cargo demand. The price of… Read More »
Lots of Options for European Flights this Summer, but Affordable Airfare is Scarce
Summer travel to Europe is set to see a significant increase in flight availability, with airlines scheduling nearly 51,000 flights… Read More »
Despite Inflation and Rising Costs, U.S. Consumers Remain Committed to Summer Travel Plans
Persistent inflation and higher interest rates have placed financial strain on many households, causing consumers to reconsider certain expenditures, such… Read More »
Memorial Day Air Travel Surpasses Pre-COVID Levels Despite Inflation
Memorial Day air travel has exceeded pre-COVID pandemic levels, indicating that consumers are still willing to spend on trips despite… Read More »
How Airlines are Tackling Airport Congestion in 2023
Tune in to “Now Boarding,” a captivating weekly podcast on air travel and the aviation industry. CNBC’s Leslie Josephs, airlines… Read More »
China’s Economy Shows Signs of Recovery as Consumer Spending Increases
According to Brendan Ahern, Chief Investment Officer of KraneShares, China’s pandemic-affected economy is witnessing a gradual rebound in consumer spending…. Read More »
VistaJet CEO Stands Firm on Financials as Auditor Raises Concerns about Liquidity
VistaJet CEO Thomas Flohr has defended his company’s financial position amid reports of liquidity and debt issues. Responding to concerns… Read More »
Asian Airlines Regain Profitability and Pin Hopes on China’s Travel Recovery
Three major airlines in Asia have bounced back from the challenges of the pandemic and are optimistic about the potential… Read More »
Ryanair Reports Strong Profit Boosted by Increased Traffic and Favorable Fuel Hedges
Ryanair, the Irish low-cost carrier, announced a net profit of 1.43 billion euros ($1.55 billion) for the full year. The… Read More »
Tomorrow.io Launches World’s First Commercial Weather-Radar Satellite to Revolutionize Weather Forecasting
Tomorrow.io, a Boston-based company initially known for hyper-precise, street-level weather forecasting, has expanded its horizons into space with the launch… Read More »
Flight Prices Soar to Five-Year Highs, Warns Fare-Tracker Hopper
According to fare-tracker Hopper, flights during the upcoming summer season will be the most expensive in five years. Average domestic… Read More »
Unpacking the Billions: How Baggage Fees Drive Revenue for U.S. Airlines
In recent years, baggage fees have evolved into a lucrative source of revenue for U.S. airlines, with the numbers reaching… Read More »
Are bigger jets the answer for congested airports and airline rising costs?
To address congested airports, increased costs, a pilot shortage, and high demand, airlines are turning to larger planes to fit… Read More »
United Airlines’ plan to revamp older narrow-body aircraft is delayed due to supply chain issues
United Airlines’ plan to renovate the cabins of its older narrow-body aircraft is being delayed due to supply chain issues,… Read More »
American Airlines reported a profit of $10 million in Q1
American Airlines reported a profit of $10 million in the first quarter, as increased flying and a surge in revenue… Read More »
EU agrees to decarbonize air travel
European Union negotiators have secured a deal to decarbonize the air travel sector by stimulating the region’s green aviation fuel… Read More »