Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images The United States is facing its worst pilot shortage in recent memory, forcing airlines to cut flights just as travelers are returning after more than two years of the Covid-19 pandemic. The crisis has the industry scrambling for …
Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Getty Images The Federal Aviation Administration will meet with major U.S. airline staff next month to discuss ways to improve the flow of air traffic to …
Flight attendants wearing protective masks walk through Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, on Wednesday, April 7, 2021. Elijah Nouvelage | Bloomberg | Getty Images Delta Air Lines said it will start paying flight attendants during boarding, a first for a major U.S. airline and an initiative that comes during a unionization drive for the Atlanta-based airline’s biggest work …
An American Airlines Boeing 777-300ER plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. Loren Elliott | Reuters American Airlines‘ new CEO Robert Isom is aiming for one thing this summer: reliability. The airline grew faster than its large competitors last year and occasionally passengers faced widespread disruptions, the result of routine challenges like weather as well …
A previous wave of U.S. airline consolidation left four airlines in control of more than three-quarters of the U.S. air travel market. Source link
Traders on the floor of the NYSE, March 29, 2022. Source: NYSE Earnings season is here, and it may distract investors from other issues, but it’s not likely to be the big driver of the overall market in the week ahead. Investors instead will keep an eye on the things that have been worrying the market — interest rates, inflation …
JetBlue planes at New York’s John F. Kennedy International Airport Leslie Josephs | CNBC JetBlue Airways is planning to trim its summer schedule to avoid flight disruptions as it scrambles to hire ahead of what executives expect to be a monster peak travel season. “We’ve already reduced May capacity 8-10% and you can expect to see a similar size capacity …
Airlines canceled hundreds of weekend flights and thousands more were delayed as thunderstorms in Florida slowed traffic in one of the country’s top travel destinations during spring break. More than 5,900 U.S. flights were delayed and 1,930 were canceled on Saturday, according to flight-tracking site FlightAware. Thunderstorms are especially challenging for airlines because they are harder to predict and plan …
The first quarter comes to an end Thursday and while it's been a difficult ride for investors, Wall Street likes some of the period's best performers. Source link
Delta is better positioned than rivals to take advantage of a rebound in business travel, according to Bank of America. Source link
