U.S. airlines were heading for a banner first quarter until the U.S. and Israel attacked Iran, sending jet fuel prices spiking and profits sinking.
A looming jet fuel shortage in Europe and Asia could compound the Iran war's impact on world travel if a fragile agreement to reopen the Strait of Hormuz collapses and Persian Gulf oil shipments stay ...
In January 2024, a court found JetBlue and Spirit’s proposed merger unlawful and in violation of antitrust law. Judge William Young, a federal judge at the U.S. District Court of Massachusetts ...
Rumors of a merger between United Airlines and American Airlines spread earlier this year. But in mid-April, the latter ...
"I think we will see some of the weaker carriers who were already struggling before the war possibly go to the wall in the ...
Skyrocketing jet fuel prices have created the air travel industry's biggest crisis since the COVID-19 pandemic.
Several airlines have canceled flights and increased baggage fees amid soaring fuel costs as a result of the United Staes' ...
Over a 10-day period, airlines removed over 75,000 flights from their summer schedules. Spirit Airlines and United Airlines ...
U.S. airlines spent 56.4% more on jet fuel in March than they did in February, U.S. government data released Wednesday shows.
Warnings of rising ticket prices and ongoing jet fuel disruption linked to tensions in the Middle East are placing renewed ...