Europe’s Largest Domestic Airline Markets May Never Recover From the Pandemic
A shift is underway in how Europeans get around. Air travel is still king with discounters, like Ryanair and Wizz Air, carrying record numbers of fliers around the continent. But in some of Europe's largest domestic markets, trains are emerging...
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Lufthansa to Buy 41 Percent of Italy’s ITA Airways for $348 Million
The Lufthansa Group has agreed to buy 41 percent of Italy's state-owned ITA Airways for €325 million ($348 million), the culmination of more than a decade of wrangling to secure a larger piece of the Italian market. The deal with...
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U.S. Airlines Forecast Record Summer Despite Air Traffic Controller Shortage
U.S. airlines expect to fly a record number of travelers this summer despite a national air traffic controller shortage and other issues limiting the number of flights. The trade group forecasts U.S. airlines will carry 257 million travelers from June...
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Secretary Buttigieg Warns of a Lengthy Air Traffic Control Staffing Shortage
U.S. Transportation Secretary Pete Buttigieg warned Tuesday of the air traffic controller shortage stretching well beyond this summer as the Federal Aviation Administration works to rebuild its ranks after the pandemic. “This is going to be a journey, especially when...
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What’s Next for American and JetBlue After Court Rejects Alliance
The controversial northeast alliance between American Airlines and JetBlue Airways, dubbed a "pseudo-merger" by some, is no more. Well, in 30 days time and pending a possible appeal. U.S. Court for the District of Massachusetts Judge Leo Sorokin gave the...
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Ryanair Makes Up With Boeing
Ryanair gave Boeing a boost, and let bygones be bygones, by ordering up to 300 new 737 Maxes. It's the European discounter's largest-ever order. Edward Russell and Jay Shabat discuss the deal. Plus, Air France-KLM and IAG's first-quarter results. Ryanair Looks...
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Delta Leads Push for More Long-Distance Flights From Reagan National
Reagan National Airport, adjacent to downtown Washington, D.C., is one of just two airports in the U.S. with a perimeter that limits how far airlines can fly. While several exemptions to that rule have been added since 2000, a new...
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JetBlue Updates High-Margin TrueBlue Loyalty Program
JetBlue Airways has joined many of its peers in updating its lucrative loyalty program, TrueBlue, to better reward those travelers who spend the most on the airline. The updated program that launched Wednesday includes new elite "Mosaic" tiers and perks,...
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Ryanair Looks East With New Boeing 737 Maxes From Its Largest Order Ever
Ryanair laid out its future growth plans Tuesday with a mega deal for up to 300 Boeing 737-10s. The planes will allow the giant discounter to continue to grow seats in its core markets, as well as expand into new...
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Air France-KLM Eyes Expansion in Booming South America With Potential TAP Deal
Air France-KLM, International Airlines Group, and the Lufthansa Group shared more than just a bullish outlook for travel demand during recent investor calls. They all want a bigger piece of the standout Latin or South America region, and they are...
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Alan Joyce’s Legacy at Qantas
Alan Joyce took over Qantas just as the Great Recession descended in 2008. He set about turning around its money-losing longhaul business, forging new international ties, and cementing Qantas' dominance of the Australian domestic market. Edward Russell and Jay Shabat...
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Turkish Flips Pre-Pandemic Loss to Profit in First Quarter
Turkish Airlines was firing on all cylinders in the first quarter with strong results during a historically weak period. The Istanbul-based carrier posted a $241 million operating profit, a $233 million net profit, and a 3 percent operating margin during...
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