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Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly results this month. Some airlines ...
In some ways, the current problems at Delta are caused by the airline industry’s drive toward ruthless efficiency. “They have cost-cut and cost-cut and cost-cut in recent decades, and this is ...
The airline said its adjusted profit in the third quarter will be between $1.70 and $2 per share, below analysts' forecast of $2.04 per share. Delta repeated its previous prediction that full-year ...
The COVID-19 pandemic has had a significant impact on the airline industry due to travel restrictions and a decimation in demand among travelers. Significant reductions in passenger numbers have resulted in flights being cancelled or planes flying empty between airports, which in turn massively reduced revenues for airlines and forced many ...
Airline Reporter is an airline industry news blog that provides industry-wide news to readers who are interested in the airline and travel industry itself. [1] Owned and operated by David Parker Brown, with writers located around the world and syndication with Reuters, [2] it has been referenced by CNN, [3] CNBC, NPR, Marker Place, FOX, AOL ...
A United Airlines Boeing 747-400. The United States Department of Transportation defines a major carrier or major airline carrier as a U.S.-based airline that posts more than $1 billion in revenue during a fiscal year, grouped accordingly as "Group III".
The United States has an extensive air transportation network. In 2013, there were 86 airports in the U.S. that annually handled over 1,000,000 passengers each. [ 1] The civil airline industry is entirely privately owned and has been largely deregulated since 1978, while most major airports are publicly owned. [ 2]
Since the start of April, U.S. airlines have canceled more than 8,500 flights, according to FlightAware. JetBlue, Southwest and Spirit Airlines are the biggest culprits as Alaska comes off a pilot ...