Asian Carriers Suspend Routes, Reduce Service Over Fuel Prices
Airlines are scrambling to adjust their summer schedules to stay ahead of price volatility.
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American Becomes Fifth U.S. Airline to Raise Checked Bag Fees
The carrier is the last of the Big Four to implement price hikes for baggage.
Delta CEO Says High Fuel Prices Could Transform U.S. Airline Industry
Ed Bastian alluded to potential mergers and bankruptcies for carriers that cannot produce a return on investment for their owners.
Delta to Pull Back Capacity Growth
But the carrier continues to see strong demand and beat expectations with its first-quarter earnings.
Southwest Becomes Latest U.S. Airline to Raise Checked Bag Fees
Rates will go up for tickets purchased on or after Thursday.
Lufthansa Considers Grounding Aircraft Over Fuel Costs, Supply
The German carrier is drawing up emergency plans based on changes in oil prices and consumer demand.
Alaska Discloses Triple-Digit Surge in Fuel Refining Costs
The carrier updated its first-quarter earnings guidance on Monday.
United to Cut Capacity as Fuel Prices Soar
The carrier will temporarily slash 5% of its total schedule.
How Weight Loss Drugs Could Translate to Savings for Airlines
Wall Street analysts believe lighter passengers will help carriers save on fuel costs.
Interjet Cancels Flights After it Fails to Pay for Fuel
As a new wave of COVID-19 rolls across North America, it appears Mexico-based Interjet is facing severe financial struggles. On Sunday, the airline canceled all of its flights through Tuesday, citing cash flow and aircraft maintenance issues. While there are limited details on the carrier’s specific financial struggles are, it appears the “cash flow” problems […]
