Airlines are piling on more debt as surging coronavirus cases force travelers to cancel plans and stay home. The industry’s outstanding debt has jumped 23% since 2020 to $340 billion, Continue Reading
Airlines warned Thursday of another pandemic-driven hit to profits in the months ahead, as the Delta variant interrupts a rebound in air travel. Major carriers said new travel bookings have slowed in Continue Reading
Emirates will receive its final A380 jetliner six months early, ending an Airbus SE superjumbo program that proved too big to compete in a changing air-travel market. Three more aircraft Continue Reading
Some airlines and airports have started to plan for a future where severe weather jolts flight schedules more frequently, as climate change increases the likelihood of extreme heat and big Continue Reading
Jet fuel demand is finally taking off as American travelers return to the skies, but concerns over the Delta variant of Covid-19 may further delay full recovery. U.S. consumption of Continue Reading
Despite a marked rise in U.S. air travel numbers this year compared to 2020, jet fuel inventories have climbed in recent months as refiners boosted production, while jet fuel demand Continue Reading
Airlines are grappling with shortages of jet fuel at some smaller airports in the western U.S., where a travel boom is coinciding with high demand for that fuel to fight wildfires. Many carriers Continue Reading
United expects to add more than 500 aircraft to its fleet in the coming years.Chris Helgren/Reuters United Airlines announced Tuesday that it was ordering 270 single-aisle planes from Boeing and Continue Reading
Air travel has come roaring back. Not everyone was ready. Customers are facing hourslong phone waits for assistance. Long lines have emerged as airlines, airports and the Transportation Security Administration scramble to hire Continue Reading
Among the variables included in my ongoing monthly monitoring of key transportation indexes is revenue passenger miles for domestic flying. That monitoring has shown a huge pandemic-related drop in flying Continue Reading
