Ahead of the fourth of July holiday weekend, travelers at Hartsfield-Jackson Atlanta International Airport on June 30, 2023, in Atlanta, Georgia, were faced with flight disruptions. Despite this, airline investors have remained unfazed. Between June 24 and July 2, U.S. airlines experienced delays in over 63,000 flights, accounting for 30% of their schedules. Additionally, over …
The surge in e-commerce demand, port congestion, and limited airline capacity due to the pandemic have led to a record increase in air freight rates just before Christmas 2021. This situation has also created a profitable opportunity for the aerospace industry, specifically in converting passenger planes into cargo carriers. Cirium, an aviation data firm, reported …
Planes are seen on the tarmac as passengers await their rescheduled flights at Newark International Airport in Newark, New Jersey on June 27, 2023. Kena Betancur | Getty Images News | Getty Images The CEO of United Airlines, Scott Kirby, expressed concerns about the airline’s ability to handle frequent congestion at its Newark, New Jersey …
Travelers arrived at O’Hare International Airport on June 30, 2023, in Chicago, Illinois. Travel forecasters are predicting a record number of travelers for the July 4th weekend, but this year’s celebration may also face challenges from the weather. Kamil Krzaczynski | AFP | Getty Images Flight delays and cancellations continued to affect thousands of Fourth …
An unpainted Boeing 737 MAX airplane is seen parked in storage at King County International Airport-Boeing Field in Seattle, Washington, in a captivating aerial view. (Image Credit: Lindsey Wasson | Reuters) Workers at Boeing aircraft parts supplier Spirit Aerosystems have recently ratified a new labor agreement. The approval of this deal paves the way for …
A Southwest Airlines Co. plane takes off as representatives and pilots from the Southwest Airlines Pilots’ Association (SWAPA) demonstrate outside Chicago Midway International Airport (MDW) in Chicago, Illinois, U.S., on Wednesday, May 18, 2016. Daniel Acker / Bloomberg / Getty Images Southwest Airlines pilots’ union has expressed its desire to be released from federal mediation …
As smoke from wildfires in Canada envelops the area, a Delta Airbus A320 airplane gracefully takes off from Ronald Reagan Washington National Airport in Arlington, Virginia. Saul Loeb | AFP | Getty Images Flights in the Eastern U.S. experienced disruptions once again on Thursday due to the smoke from Canada wildfires, causing hundreds of delays …
Boeing 787 Dreamliners are manufactured at the aviation company’s assembly plant in North Charleston, South Carolina on May 30, 2023. Juliette Michel | AFP | Getty Images Boeing delivered 50 aircraft to customers in the previous month, which is a increase compared to 35 in April. However, it still trails behind Airbus in terms of …
Passengers patiently await their flights at Newark Liberty International Airport amidst the chaos caused by severe storms on June 27, 2023. Photo by Fatih Aktas | Anadolu Agency | Getty Images Flight disruptions reached new heights on Tuesday as a combination of severe storms and staffing challenges created a tumultuous start to the summer travel …
Nurphoto | Nurphoto | Getty Images Delta Air Lines announced on Tuesday that it has raised its second-quarter forecast and projected full-year adjusted earnings of $6 per share, which falls within the upper range of its previous estimates given in April this year. The airline attributes this positive outlook to robust travel demand and customers …