American Airlines (AAL) Posts Q1 Loss on Surging Labor Costs

American Airlines’ AAL first-quarter 2024 loss (excluding 14 cents from non-recurring items) of 34 cents per share was wider than the Zacks Consensus Estimate of a loss of 28 cents. In the year-ago ... Read More

United Airlines jumps 14% as travel demand to drive bumper summer

United Airlines shares rose 14% on Wednesday, driven by an upbeat profit forecast for the second quarter and strong first-quarter results despite a $200 million hit over planemaker Boeing's safety ... Read More

Business travel picks up, bolstering outlook for US airlines

U.S. airlines have enjoyed a travel boom for the past three years, but until this past quarter, big-spending corporate travelers had been largely missing. Read More

Airlines are ordered to give full refunds instead of vouchers and to stop hiding fees

In an effort to crack down on airlines that charge passengers steep fees to check bags and change flights, the Biden administration announced new regulations aimed at expanding consumer protections. Read More

Boeing 737 Max 9 Issues Cost United Airlines Nearly $200 Million In Q1 Profits

United Airlines reports Q1 loss due to 737 MAX 9 groundings after the Alaska Airlines incident. The carrier also had to adjust its fleet plan due to delays in the Boeing 737 MAX program, converting ... Read More

Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well

American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costs. Read More