The airline industry has had a weak performance in light of the COVID-19 pandemic. But shareholder value can still be sown.
Business strategies such as managing their capital base, tailoring conduct to better serve customers, and creating privilege in their networks on a loyalty basis can be excellent growth tactics.
The Federal Aviation Administration (FAA) recently conducted an audit into Boeing and Spirit AeroSystems, Boeing's supplier, regarding the production of the 737 MAX.
Boeing faces pressure from the FAA to tackle quality-control issues within 90 days, following a meeting with CEO Dave Calhoun.
At the Singapore Airshow, Chinese aircraft manufacturer COMAC made a splash with its C919 and ARJ21 jets, stealing attention from industry giants like Airbus and Boeing.
Supply chain issues in the global aviation sector are starting to improve, but it may still take a couple of years to fully resolve them, according to industry experts at the Singapore Airshow.
Last year, airline pilots scored hefty pay raises through new labor contracts, sparking a wave of demand for better wages among flight attendants.
In January, Boeing saw a decline in aircraft orders and deliveries following a midflight incident involving a fuselage panel on one of its 737 Max 9s.
United Airlines made headlines three years ago when it axed flight change fees, a move that has cost the company an estimated $2 billion.
Over 100,000 passengers are in for a bumpy ride due to a strike by Deutsche Lufthansa AG ground personnel.
JetBlue Airways faced a loss in the fourth quarter and anticipates reduced capacity in the coming year as it strives to regain profitability.
Alaska Airlines recently revealed that due to their grounding of their 737 Max 9 planes after a door plug blew off, this led to roughly $150 million in estimated costs.
United Airlines is reconsidering its fleet plans involving the Boeing 737 Max 10 due to a series of delays and recent grounding issues.
Shares of Spirit Airlines surged approximately 10% following the announcement that both Spirit and JetBlue plan to appeal a federal judge's ruling against their merger on antitrust grounds.
A federal judge has put the brakes on JetBlue Airways' acquisition of Spirit Airlines, a deal valued at $3.8 billion, stating that it would negatively impact price-sensitive consumers by removing the discount carrier from the market.
The National Transportation Safety Board has located the plug covering an unused exit door that blew out minutes into an Alaska Airlines flight.
Commercial pilot Troy Merritt and other aviation professionals have highlighted their struggles with mental health issues, including anxiety, depression, and substance abuse, during a summit meeting in Washington, D.C.
An Alaska Airlines flight operated by Horizon Air had to divert to Portland International Airport in Oregon after an off-duty Alaska pilot attempted to interfere with the engines.
The looming government shutdown deadline this Saturday not only threatens the functioning of federal agencies but also endangers the aviation industry, including potential flight delays, longer security lines, and setbacks in air traffic control training and modernization efforts.
Transportation Secretary Pete Buttigieg has issued a warning about potential airline disruptions if Congress fails to pass funding bills or reach a short-term resolution before the looming government shutdown deadline.
Companies across various industries are cutting back on customer perks as they prioritize higher profit margins.
DHL Express is set to invest $192 million in constructing an aircraft maintenance facility at Cincinnati/Northern Kentucky International Airport (CVG), the location of its primary U.S. air hub.
Airlines' cargo revenue is experiencing a significant slump, with Delta, United, and American reporting year-over-year declines of about 40% in their second-quarter cargo revenue.
Airline delays and cancellations continue to plague travelers in the United States, raising concerns as the long July 4 holiday weekend approaches.
The Paris Air Show highlighted the aviation industry's increasing focus on sustainability and reducing greenhouse gas emissions.
During the Paris Air Show, Boeing and Airbus have been focusing on customer orders for new passenger aircraft, with limited activity in the freighter sector.
Airbus forecasts that over the next 20 years, approximately 40,850 new jets will be delivered by aircraft manufacturers as airlines expand their fleets and replace older planes with more fuel-efficient models, with Asia being a significant driver of this growth.
The recent bankruptcy filing of aerospace specialist Incora serves as a stark reminder of the close connection between supply chains and financial stability within an ecosystem.
Quality standards organization Cargo iQ has partnered with the International Federation of Freight Forwarders Associations (FIATA) and the Airport Services Association (ASA) to collaborate on enhancing standard practices in the air cargo supply chain.
Last year, U.S. airlines earned over $6.7 billion in baggage fee revenue, with American Airlines alone earning nearly $1.4 billion from checked bags, accounting for more than 2% of the carrier's full-year revenue.
The U.S. airline regulators are looking into an unusual incident where a part of a Boeing 737-800’s engine came loose during takeoff.