JetBlue Q3 loss widens to $257m, but revenue up 21%
JetBlue Q3 loss widens to $257m as revenue misses estimates despite 21% growth; shares jump 9.29% on fuel-cost recapture.
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Delta Holds Quarterly Dividend at $0.215 a Share
Delta's board declared a quarterly dividend of $0.215 a share on 24 September, holding the payout steady after June's 15% rise.
Consumer Card Expenditure Shows Robust Growth in Travel Sector
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FLYR Secures $295 Million to Revolutionise Travel Technology with AI
FLYR Labs, a leading innovator in travel technology, has successfully secured $295 million in funding. This strategic investment is set to transform the travel industry with cutting-edge AI solutions.As the…
Airfares in Europe Exceed Inflation Rates by 15%
Airfares across Europe are currently soaring, outstripping inflation by an average of 15%, according to a recent report. The comprehensive study provides insights into the factors behind these rising costs.Airlines…
Challenges and Strategic Opportunities for Airlines Amid Rising Costs
The aviation industry is navigating a period of rising operational costs, prompting industry leaders to re-evaluate strategies. With fares impacted, finding innovative ways to manage expenses becomes crucial.Vincent Hodder, the…
Which? reports easyJet to regulator over treatment of passengers with cancelled flights
Which? has reported easyJet to the Civil Aviation Authority (CAA) over the way it has treated passengers whose flights were cancelled. Thousands of flights from UK airports have been cancelled…
Compensation for one-hour flight delays proposed by transport secretary
Transport Secretary Grant Shapps has unveiled proposals to boost airline passenger protections and rights. The UK government is consulting on the plans, which would enable passengers on domestic UK flights…
Ryanair posts record loss but sees signs of recovery
Budget airline Ryanair has reported a record after-tax loss of €815m (£703m) for the financial year to the end of March 2021 after the Covid-19 pandemic curtailed domestic and international…
New management team for Norwegian
Budget airline Norwegian has revealed a new management team, with the appointment of a new chief financial officer to help fuel “ambitious growth plans”, according to City A.M. The new…
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