Airline industry
The Latest
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JetBlue Makes $3.6 Billion Unsolicited Offer To Acquire Frontier Airlines
JetBlue's offer represents a 33% premium over the initial offer made by Frontier to acquire Spirit. JetBlue's offer represents a 33% premium over the initial offer made by Frontier to acquire Spirit. -
Airline Stocks Plummet As Jet Fuel Prices Surge
Analysts expect airlines, already pummeled by the pandemic, to dramatically reduce their quarterly earnings forecasts given the recent surge in jet fuel prices. Analysts expect airlines, already pummeled by the pandemic, to dramatically reduce their quarterly earnings forecasts given the recent surge in jet fuel prices. -
Frontier To Acquire Spirit To Create Fifth-Largest Airline In U.S.
Spirit Airlines' stock price surged by more than 18.7% following the announcement of Frontier's merger plans. Spirit Airlines' stock price surged by more than 18.7% following the announcement of Frontier's merger plans. -
United Airlines Reports Loss For 2021, Expects Omicron To Further Slow Recovery
United Airlines reported a $646 million loss for its fourth quarter last year and a $1.96 billion loss for the entire 2021. United Airlines reported a $646 million loss for its fourth quarter last year and a $1.96 billion loss for the entire 2021. -
AT&T And Verizon Agree To Halt 5G Roll Out Near Key Airports
AT&T and Verizon agreed to once again temporarily halt the turning on of some of their 5G towers near key airports. AT&T and Verizon agreed to once again temporarily halt the turning on of some of their 5G towers near key airports. -
Airbus Receives Major Order For 255 A321 Aircraft
Indigo Partners, which holds stakes in airlines such as Wizz Air, Jetsmart, and Volaris, ordered 255 new aircraft from Airbus. Indigo Partners, which holds stakes in airlines such as Wizz Air, Jetsmart, and Volaris, ordered 255 new aircraft from Airbus. -
Southwest Airlines Accused Of Racial Profiling By Mom Traveling With Biracial Child
Mary MacCarthy and her 10-year-old daughter were stopped by police after a Southwest Airlines attendant reported them for suspicious behavior. Mary MacCarthy and her 10-year-old daughter were stopped by police after a Southwest Airlines attendant reported them for suspicious behavior. -
United Airlines To Begin Firing Unvaccinated Workers
United Airlines said it will be giving non-compliant employees one more chance to comply with the mandate during the separation process. United Airlines said it will be giving non-compliant employees one more chance to comply with the mandate during the separation process. -
American-JetBlue Alliance Hit With DOJ Antitrust Lawsuit
The Department of Justice alleged that the two companies' 'northeast alliance' could cost consumers millions due to increased prices and reduced choices. The Department of Justice alleged that the two companies' 'northeast alliance' could cost consumers millions due to increased prices and reduced choices. -
Philippine Airlines Bankruptcy: 22 Aircraft To Be Returned, Airbus Orders Canceled
The airline, which filed for bankruptcy protection last week, plans to reduce its fleet and its outstanding debt as part of its restructuring plan. The airline, which filed for bankruptcy protection last week, plans to reduce its fleet and its outstanding debt as part of its restructuring plan.