Finance News – Airlines
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'Catastrophic failure' led to fire that shut Heathrow Airport, report finds
The unexpected shutdown of Heathrow Airport on March 21 disrupted global travel schedules and resulted in significant financial losses for airlines due to widespread cancellations...
Read Full Article →First crash of Boeing’s 787 model comes weeks after $1.1bn 737 Max payout
The recent Air India incident involving the Boeing 787 adds financial pressure to the company shortly after a substantial settlement with the US government related to prior 737 Max...
Read Full Article →Boeing is back in China
The arrival of the new Boeing aircraft in China signals a potential resumption of business opportunities and sales for the company following a recent pause in Chinese airline order...
Read Full Article →United Airlines is flying back to JFK thanks to a JetBlue partnership
The collaboration between United Airlines and JetBlue allows United to resume operations at JFK, potentially increasing passenger options and enhancing revenue opportunities at a m...
Read Full Article →Southwest Airlines ditches free checked bags this week. Here's how much they'll cost
Southwest Airlines will begin charging passengers for checked baggage starting this week, marking a change that could increase travel expenses for customers who previously enjoyed...
Read Full Article →Warren Buffett may have retired from stock picking a long time ago
Berkshire Hathaway's latest stakes in Apple and several major U.S. airlines highlight a shift in investment strategy that could have notable implications for the company's future f...
Read Full Article →United Airlines CEO says Newark Airport is 'absolutely safe'
United Airlines' leadership emphasized the airport's security to maintain passenger confidence, aiming to minimize potential financial losses linked to reduced travel demand and op...
Read Full Article →Skiplagged's CEO has tips on how to use the travel hack without getting caught by airlines
The CEO of Skiplagged shared strategies that could help travelers save money by exploiting fare structures, potentially impacting airline revenue and prompting industry responses.
Read Full Article →Onex recoups its investment in WestJet with sale of 25% stake to foreign airlines
Onex recovered its capital by selling a quarter of its WestJet shares to international carriers, potentially setting the stage for a future initial public offering, according to th...
Read Full Article →British Airways owner orders 53 Boeing and Airbus planes in bet on long-haul flying
The acquisition of 53 new aircraft by the airline's parent company reflects confidence in sustained long-distance travel demand amidst ongoing economic challenges.
Read Full Article →How to fly to New York in style (and why The Devonshire is overrated)
Changes in airline reward program policies can impact the overall value travelers receive, influencing decisions about how to optimize spending when planning trips to premium dinin...
Read Full Article →Travel stocks struggle to take flight amid tariffs and recession fears
Several U.S. airlines have retracted their financial forecasts due to the challenging economic conditions and trade barriers, which have impacted investor confidence and hindered g...
Read Full Article →Heathrow: Sir Richard Branson eyes terminal as Virgin Atlantic and British Airways push for more con...
If successful, Virgin Atlantic and British Airways gaining increased influence over a Heathrow terminal could reshape airport operations and impact revenue distribution among the k...
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