FAA Finds Boeing Fails Quality-Control Standardsby Terry Bingman 05.03.2024The FAA audit of Boeing's 737 Max manufacturing revealed "multiple instances" of failing to meet quality standards. Boeing has 90 ...
Markets News Update: Stocks Drop, Bitcoin Nears $68Kby Mark Eisenberg 05.03.2024Gold miner Newmont Corp. surged 5.6% as gold futures hit a record high, while Apple shares fell 3.2%. JetBlue and ...
JetBlue, Spirit Airlines Merger Collapse: Stock Reactions Revealedby Mark Eisenberg 04.03.2024The proposed merger between JetBlue Airways and Spirit Airlines has been officially called off, putting more pressure on Spirit's stock. ...
Qantas 1H Profit Falls, New Share Buyback announcedby Mark Eisenberg 22.02.2024Qantas Airways reported a decline in half-year profit due to falling airfares, but announced a new share buyback of up ...
Boeing Calls Out Big Oil for Inaction on Sustainable Aviation Fuelby Lilu Anderson 21.02.2024US plane maker Boeing has accused the world's largest oil companies of not doing enough to produce sustainable jet fuel. ...
American Airlines Bag Fees Hike, Frequent-Flyer Changes – Bloombergby Mark Eisenberg 21.02.2024American Airlines will increase the fee for a second checked bag to $45, both online and at the airport. Bag ...
AI Revolution in Airline Industry: Boosting Efficiency and Delighting Travelersby Lilu Anderson 19.02.2024Airlines are utilizing AI technology to enhance operations, manage fuel consumption, reduce costs, and improve the passenger experience, benefiting both ...
Air New Zealand Profit Warning: Challenges Aheadby Mark Eisenberg 19.02.2024Air New Zealand issues profit warning due to weaker bookings, higher costs, and Pratt & Whitney engine recall. Challenges in ...
Air New Zealand Issues Profit Warning Amid Engine Turmoilby Mark Eisenberg 19.02.2024Air New Zealand has issued a profit warning due to weaker bookings, higher costs, and the global recall of Pratt ...
Companies Prioritize Cost Cuts Amid Consumer Spending Challengesby Mark Eisenberg 18.02.2024Companies are prioritizing cost cuts in 2024 amid tightening consumer spending and investor demands. Layoffs, store closures, and job cuts ...