Summer brings added service for carriers, resulting in lower airfare

Passengers at Reagan National Airport in Arlington, Virginia on May 26, 2023. (Image: Andrew Caballero-Reynolds | AFP | Getty Images) The summer season is bringing cheaper flights as airlines ramp up their service. Recent U.S. inflation data reveals that airfares dropped by 8.1% in June compared to the previous month, marking the largest decline in …

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DAL Reports Strong Earnings for 2Q23: Delta Air Lines Achieves Impressive Financial Performance

Nurphoto | Nurphoto | Getty Images Delta Air Lines achieved record-breaking revenue and earnings in its latest quarter, thanks to an unexpectedly strong demand for travel that has defied concerns of an economic slowdown. Outstanding international travel and a significant increase in demand for premium seats, such as first class, were key contributors to Delta’s …

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JetBlue Airways, Meta, Sweetgreen, and Other Notable Names

The exterior of Sweetgreen’s Naperville location Source: Sweetgreen Explore the companies creating buzz before the market opens: JetBlue Airways — JetBlue Airways saw a 1.3% decline in premarket trading as it announced the termination of its partnership with American Airlines in the northeastern U.S. The company now plans to focus on its partnership with Spirit …

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Spirit Airlines To Become JetBlue’s Primary Focus Following Antitrust Case, Termination of American Airlines Partnership

American and JetBlue flights prepare to take off at Los Angeles International Airport, Jan. 11, 2023. Carolyn Cole | Los Angeles Times | Getty Images JetBlue Airways stated on Wednesday that it will terminate its partnership with American Airlines in the northeastern U.S. following a federal judge’s order to end the agreement. JetBlue’s attention will …

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Despite mounting disruptions, airline stocks continue to rise.

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 …

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Eastern U.S. Flights Disrupted Once More by Canada Wildfire Smoke

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 …

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