U.S. World Business Lifestyle
Today: May 06, 2026
Today: May 06, 2026

airline industry

Business|Economy|Finance|World

Alaska Air launches $500 million debt offering as Iran war drives up fuel costs

Alaska Air said on Wednesday it would raise $500 million through a debt offering as the airline looks to bolster liquidity as a war-driven surge in jet fuel prices erodes margins.

Alaska Air launches $500 million debt offering as Iran war drives up fuel costs
Business|Economy|Europe|World

Lufthansa sticks to 2026 outlook despite $2 billion jet-fuel hit, shares rise

Lufthansa kept its 2026 profit outlook on Wednesday, saying hedging, higher fares and cost cuts would help offset a 1.7 billion euro ($2 billion)

Lufthansa sticks to 2026 outlook despite $2 billion jet-fuel hit, shares rise
Business|Economy|Finance|Travel|US|World

Spirit Airlines lawyer says high jet fuel prices left carrier no alternative but shutdown

A lawyer for defunct Spirit Airlines said Tuesday that sharply higher jet fuel prices left "no remaining way out" of bankruptcy and forced the budget carrier's shutdown as it seeks

Spirit Airlines lawyer says high jet fuel prices left carrier no alternative but shutdown
Business|Economy|Travel|World

American pilots union chief says United CEO's merger idea showed 'bold vision'

The head of American Airlines' pilots union told members that United Airlines CEO Scott Kirby's merger idea showed the kind of "bold vision" the

American pilots union chief says United CEO's merger idea showed 'bold vision'
Business|Economy|Finance|Stock Markets|Travel

JetBlue, Frontier shares rise as Spirit shutdown makes room for growth

Shares of Frontier Airlines and JetBlue Airways rose on Monday, after rival Spirit Airlines shut shop, fueling hopes the carriers can capture market share, control

JetBlue, Frontier shares rise as Spirit shutdown makes room for growth
Business|Economy|Finance|Stock Markets|Travel

Travel plans upended as Spirit Airlines shuts down, leaving passengers scrambling for other options

Travel plans upended as Spirit Airlines shuts down, leaving passengers scrambling for other options

Travel plans upended as Spirit Airlines shuts down, leaving passengers scrambling for other options
Business|Economy|Finance|Stock Markets|US

Spirit Airlines shuts down, industry's first Iran war casualty

Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first

Spirit Airlines shuts down, industry's first Iran war casualty
Australia|Business|Economy|Travel|World

Australia's Qantas extends schedule changes, cuts local capacity through September

Australia's Qantas Airways extended its schedule adjustments across its international and domestic networks through September on Friday, citing Middle East tensions, elevated fuel

Australia's Qantas extends schedule changes, cuts local capacity through September
Business|Economy|Environment|Finance|Stock Markets|World

Japan's ANA, JAL say Middle East war lifts fuel costs, no immediate supply issues

Japan's two biggest airlines, ANA Holdings and Japan Airlines (JAL), said on Thursday the Middle East conflict is keeping fuel costs elevated and the outlook uncertain.

Japan's ANA, JAL say Middle East war lifts fuel costs, no immediate supply issues
Business|Economy|Environment|Finance|Travel|World

Aircraft lessor AerCap says prolonged high oil prices could bring opportunities

The head of the world's largest aircraft leasing company, AerCap, said on Wednesday that higher fuel prices have had little impact on the sector so far,

Aircraft lessor AerCap says prolonged high oil prices could bring opportunities
Business|Economy|Finance|Travel

Spirit isn’t the only small airline seeking a bailout. Would that help passengers?

Spirit isn’t the only small airline seeking a bailout. Would that help passengers?

Spirit isn’t the only small airline seeking a bailout. Would that help passengers?
Business|Economy|Finance|Stock Markets|World

JetBlue plans capacity cuts, fare hikes as high fuel costs widen quarterly loss

JetBlue Airways said on Tuesday it plans to slow hiring, cut capacity and hike fares to soften the blow from soaring jet fuel costs after

JetBlue plans capacity cuts, fare hikes as high fuel costs widen quarterly loss
Business|Economy|Finance|World

Two Spirit Airlines creditor groups back Trump bailout plan, FT reports

Spirit Airlines has won the backing of two of its three major creditor groupings needed to secure a $500 million bailout from the Trump administration, the Financial Times

Two Spirit Airlines creditor groups back Trump bailout plan, FT reports
Business|Economy|Finance|Stock Markets|US|World

American Airlines to raise $1.14 billion through aircraft-backed securities

American Airlines is raising a combined $1.14 billion through the sale of aircraft-backed securities, and plans to use the proceeds to fund new planes, refinance existing aircraft

American Airlines to raise $1.14 billion through aircraft-backed securities
Business|Economy|Finance|Stock Markets|US|World

Budget airlines pitch US government aid under $2.5 billion relief plan

A group of U.S. budget airlines, including Frontier and Avelo, has proposed exchanging warrants that could be converted into equity stakes for $2.5

Budget airlines pitch US government aid under $2.5 billion relief plan
Business|Economy|Finance|Stock Markets|Travel

United Airlines CEO confirms he approached American about potential merger, but was rebuffed

United Airlines CEO Scott Kirby on Monday outlined why he thinks a merger between his airline and rival American would benefit travelers, despite American’s refusal to engage in negotiations

United Airlines CEO confirms he approached American about potential merger, but was rebuffed
Business|Economy|Travel

Airlines looking for fare increases to stick, even when jet fuel costs fall

Airlines looking for fare increases to stick, even when jet fuel costs fall

Airlines looking for fare increases to stick, even when jet fuel costs fall
Business|Economy|Finance|US

Spirit Airlines in advanced talks for federal financing, lawyer says

Spirit Airlines is in advanced discussions with the federal government over financing to help it restructure as it faces a cash

Spirit Airlines in advanced talks for federal financing, lawyer says
Business|Economy|Travel|World

Record demand can't save US airlines from Iran war fuel shock

U.S. airlines are seeing their best passenger numbers ever, cramming more people onto their planes and boosting revenues, yet in a cruel paradox, a

Record demand can't save US airlines from Iran war fuel shock
Business|Economy|Political|Travel|World

Spirit Airlines close to a $500 million bailout from Trump administration

Spirit Airlines close to a $500 million bailout from Trump administration

Spirit Airlines close to a $500 million bailout from Trump administration
Business|Economy|Environment|Travel

Alaska Air says fares hold as fuel surge tests earnings

Alaska Air Group said on Tuesday strong travel demand and higher fares are helping offset a sharp rise in fuel costs, even as

Alaska Air says fares hold as fuel surge tests earnings
Business|Economy|Environment|Travel|World

Iran war fuel hike adds $100 to long-haul flight cost, study says

Disruption to global oil supplies from the Iran war has added more than $100 to the price of long-haul flights from Europe, a

Iran war fuel hike adds $100 to long-haul flight cost, study says
Business|Economy|Travel|World

What consumers can do as the Iran war impacts the cost and availability of flights

As the U.S. and Israel’s war with Iran squeezes global oil supplies, travelers have valid reasons to worry about the cost and availability of flights as they plan their late spring and summer trips

What consumers can do as the Iran war impacts the cost and availability of flights
Business|Environment|Technology

RTX's GTF Advantage engine certified by European authorities

RTX said on Friday that its GTF Advantage engine has been approved to be installed in the Airbus A320neo family aircraft by the European Union Aviation Safety Agency.

RTX's GTF Advantage engine certified by European authorities