Witness the majestic sight of a Southwest Airlines Boeing 737-700 aircraft landing at Ronald Reagan Washington National Airport DCA in Arlington County, Virginia. Against the backdrop of the Potomac River, this aircraft gracefully glides over the water and buildings, creating a breathtaking scene of aviation prowess. Credits: Image by Nicolas Economou | Nurphoto | Getty …
Scott Olson | Getty Images The Covid-19 pandemic provided a boost to U.S. airlines with sky-high airfare. However, airline executives are now witnessing a decrease in domestic fares as carriers expand their schedules and customers choose trips abroad instead of popular destinations that were closer during the pandemic. Related investing news Southwest Airlines, Alaska Airlines …
American Airlines plane Silas Stein | picture alliance | Getty Images American Airlines pilots’ union announced on Thursday that they have agreed to an improved offer for a new labor contract. This comes less than two weeks after a more lucrative deal at United Airlines disrupted the voting process at American. The revised preliminary agreement …
An employee walks past a Boeing 737 Max aircraft seen parked at the Renton Municipal Airport in Renton, Washington, January 10, 2020. Lindsey Wasson | Reuters Boeing results exceeded analyst expectations on Wednesday, driven by increased commercial aircraft deliveries as the company ramps up production. However, losses in its defense and space divisions led to …
A Pratt & Whitney PW1000G turbofan engine sits on the wing of an Airbus A320neo aircraft during a delivery ceremony outside the Airbus Group SE factory in Hamburg, Germany, on Friday, Feb. 12, 2016. Bloomberg | Krisztian Bocsi Shares of RTX dropped by 10% on Tuesday following the announcement by the aerospace giant that it …
Recent months have seen a rise in flight delays and cancellations, leading to a federal investigation into the cause and the prediction that these issues could persist for up to a decade, according to a CBS News investigation. Transportation Secretary Pete Buttigieg has announced that his office is actively investigating several airlines for what is …
Travelers arrive at the departure hall in Singapore Changi airport in Singapore on March 31, 2023. Catherine Lai | Afp | Getty Images SINGAPORE — The embassies of China, Singapore, and Brunei have announced the reinstatement of China’s 15-day visa-free entry for citizens of Singapore and Brunei starting from July 26. This decision comes after …
An American Airlines plane takes off from Miami International Airport on May 2, 2023, in Miami, Florida. Joe Raedle | Getty Images American Airlines has increased its offer for a new pilot contract by over $1 billion to match the preliminary agreement reached last week between rival United Airlines and their pilots. The updated offer …
Natnan Srisuwan | Moment | Getty Images “Skiplagging” is a savvy technique for budget-savvy travelers looking to cut costs on their airline tickets. However, experts in the travel industry caution that this practice carries significant risks. Also referred to as “hidden city ticketing,” skiplagging takes advantage of a peculiar aspect of airfare pricing. Here’s the …
An American Airlines 777 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC Airlines’ cargo revenue is experiencing a slump, which is actually a positive sign for the recovery of the travel industry. Delta, United, and American have reported year-over-year declines of approximately 40% in their second-quarter cargo revenue. In the first half of …