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AIRLINE INDUSTRY UPDATES
US stocks: US market rallies, Dow ends with record on US-Iran deal, oil price slideWall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears ...
Air India crash report: AAIB says AI-171 crash probe in final analysis stage, urges restraint on speculationOne year after the Air India flight AI171 crash, the AAIB released a second interim report. The investigation into the Boeing 787-8's fatal...
US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
Akasa Air adds special flights to and from Ahmedabad ahead of IPL 2026 finalAkasa Air is launching special flights to Ahmedabad for the IPL 2026 final. These flights will operate on May 31 and June 1, 2026, from Ben...
Delhi airport, SpiceJet issue travel advisory: Bad weather likely to affect flight operationsDelhi Airport authorities said that as per the Indian Meteorological Department's forecast, Delhi is experiencing inclement weather conditi...
The ‘Inevitables’: Warren Buffett's framework for finding companies that will dominate for decadesWarren Buffett divided the investment universe into Inevitables, Highly Probables, and Impostors. The Inevitables are companies whose domin...
Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
Iran US War today: Oil prices rattle United Airlines, Delta Air Lines, Alaska Air. Reduced number of flights to high fares -- What's in store for flyers in America?Iran-US War news today: Airlines are already cutting flights, even as planes remain full, because some routes no longer make sense at curre...
Iran war could make petroleum products from clothes to crayons more costlyGlobal oil disruptions are making everyday items more expensive. From plush toys to bandages, the cost of materials derived from petroleum ...
Traveling this summer? Major airlines cut routes — check the list to see if you are affectedAirlines Cut Routes Due to Rising Fuel Costs from the Iran War — Is Your Summer Flight at Risk? Jet fuel prices have doubled since the war ...
US Stock Market: Wall Street ends sharply higher on US-Iran ceasefireGlobal markets rallied sharply as a two-week ceasefire between the United States and Iran was announced. This agreement eased fears of oil ...
US stocks today: Dow Jones surges 1,300 points, S&P, Nasdaq 2% on U.S.-Iran ceasefireWorld markets experienced a dramatic uplift as the U.S. and Iran cemented a two-week ceasefire, alleviating concerns over inflation and vol...
US Stocks today: Dow Jones rockets 1,300 pts, S&P 500 up 2%, Nasdaq 3% after US-Iran ceasefireWall Street indexes surged to near one-month highs following news of a two-week U.S.-Iran ceasefire, easing concerns over oil supply disrup...
US Stocks: Delta scraps capacity growth plans as fuel price surge drives up costs, shares upDelta Air Lines on Wednesday forecast second-quarter profit below expectations and said it would pull all planned capacity growth from the ...
Global airlines race to fix Airbus jets; US reports little disruptionAirlines that said they had completed or nearly finished all their software updates on Saturday included American Airlines , United Airline...
What led Airbus to sound a global alarm and ground A320 jets?A software flaw in Airbus A320 family aircraft, linked to a JetBlue incident causing injuries, has led to widespread flight disruptions. A ...
Google down for users; Search, Gmail among services impactedAfter a massive worldwide IT outage, technology major Google's services are down, as per user complaints. Users are unable to access search...
Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outageA global tech outage, stemming from a software update by cybersecurity firm CrowdStrike, affected around 8.5 million Microsoft devices. The...
Each passenger carried expected to contribute on average $1.1 to airline industry's net profit: IATA chiefThe global airline industry is projected to report a lower loss of USD 6.9 billion in 2022 and post a small net profit of USD 4.7 billion n...
Digital transformation vital to airline recovery and future profitabilityAccording to a study by Amadeus scientists in the Journal of Revenue and Pricing Management, a 10% increase in forecast accuracy can lead t...