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United Airlines takes a shot at Delta's IT meltdown: 'Healthy businesses don't make excuses'

United Airlines did not include the financial cost of July's CrowdStrike IT outage on its third qua…

Benjamin Zhang   


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4 mins read

JetBlue founder and low-cost airline veteran explains how struggling airlines need to adapt to survive right now

Low-cost guru David Neeleman, who has founded five budget carriers since 1984, told BI some airline…

Taylor Rains   


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Spirit is struggling to survive. Bankruptcy will likely mean other airlines raise their prices.

Spirit Airlines is reportedly considering bankruptcy protection. That's likely to mean flying fewer…

Pete Syme   


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Global cyber outage: Microsoft users report 'blue screen of death'; flights cancelled

As per reports, Windows users are seeing blue screen errors on their screens with their laptops or …

ANI   


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Problems keep piling up for budget airlines like Spirit Airlines — so get set to pay more

Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek …

Pete Syme   


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Airlines are making a miraculous recovery by doubling down on premium seats

American, Delta, and United Airlines are doubling down on high-margin premium cabins and expanding …

Taylor Rains,Benjamin Zhang   


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Stock market today: Dow jumps 337 points to fresh record as US stocks rise on solid earnings

The S&P 500 is on track to report 7% year-per-year earnings growth for the third quarter, according…

Jennifer Sor   


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1 min read

Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air

Spirit Airlines has struggled since its proposed merger with JetBlue was struck down. Reports have …

Pete Syme   


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Stock market today: Indexes gain after strong retail sales data

Stocks rose Thursday as investors digested strong retail sales data for September. Upbeat earnings …

Kelly Cloonan   


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United Airlines flight attendants picketed at over a dozen airports worldwide after the CEO received a 90% pay increase

United Airlines CEO Scott Kirby made $18.5 million last year — about 264 times more than the …

Pete Syme   


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Analyst blasts American Airlines for troubling 'lack of vigor' and action to improve financial performance

JP Morgan analysts criticized American Airlines, which reported a 46% decline in Q2 2024 profits, f…

Benjamin Zhang   


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5 mins read

Southwest ditching its unassigned seat policy shows how budget airlines' business models are getting upended

Low-budget airlines are rethinking their business models as they face an uphill battle for not foll…

Dan DeFrancesco   


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3 mins read

I spent over $2,000 to fly United Polaris, a 'reimagined' business class. It's only worth it for trips over 10 hours.

My eight-hour United Polaris flight from Newark to Rome was nice with perks, but upgrading to this …

Vicky Grogg   


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United Airlines said it expects to lose money over the 737 Max 9 grounding, the first indication of the financial impact of the door plug blowout saga

United Airlines said in a filing Monday it expects to lose up to 85 cents per share while increasin…

Pete Syme   


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Boeing is buying Spirit Aero which makes the door plug that flew off the Alaska Airlines flight — in a $4.7 billion deal

Boeing is set to acquire Spirit AeroSystems, a manufacturer of parts for its 737 and 787 planes, Re…

Katherine Tangalakis-Lippert   


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US stocks trade mixed as strong Tesla earnings lift Nasdaq while ECB hikes rates for first time in 11 years

Russia resumed gas flows via its key Nord Stream 1 pipeline, although at reduced flows, sending nat…

Brian Evans   


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2 mins read

Bank of America upgrades airline stocks on stock-market momentum, but warns the industry is still vulnerable with valuations above pre-pandemic levels

Bank of America analyst Andrew G. Didora has a buy rating for JetBlue, Alaska Airlines, and Southwe…

Emily Graffeo   


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Airline stocks climb on economic recovery optimism as Senate approves landmark stimulus package

Airlines were among the hardest hit when large swaths of the global economy shut down at the start …

Isabelle Lee   


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US stocks trade mixed amid rush of quarterly earnings reports

Shares of United Airlines and Verizon jumped on better-than-expected earnings.

Filip De Mott   


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Bernie Sanders urges the Biden administration to fine airlines $27,500 fine per passenger for worsening flight delays

John Fetterman, the Democratic candidate for Senate in Pennsylvania, made a similar call. Other Dem…

Joseph Zeballos-Roig