airlines

Alaska Airlines Agrees to Buy Struggling Hawaiian Airlines for $1.9 Billion

Alaska Airlines Agrees to Buy Struggling Hawaiian Airlines for $1.9 Billion

Alaska Airlines has announced its plan to acquire rival Hawaiian Airlines for $1.9 billion.

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Israel-Hamas War Leaves Airlines Struggling With Major Slow Down in Bookings

Israel-Hamas War Leaves Airlines Struggling With Major Slow Down in Bookings

Airlines are grappling with a significant decline in bookings following the conflict between Israel and Hamas as people cancel trips to the Middle East and nearby countries.

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Airlines Offer Cheap Flights for Off-Peak Travel as JetBlue, Southwest, Spirit and Frontier Look to Fill Seats

Airlines Offer Cheap Flights for Off-Peak Travel as JetBlue, Southwest, Spirit and Frontier Look to Fill Seats

Carriers like Southwest Airlines have recently offered one-way fares as low as $29 for off-peak flights, signaling an industry-wide push to entice passengers during traditionally slower travel periods.

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Lufthansa CEO Says No For Any Italian Deal; Wants To Focus On Air Berlin Deal

Lufthansa’s Chief Executive Officer confirmed that the carrier is not interested to enter into an investment deal with Italy in connection with the speculations of a possible investment in Alitalia since the company is currently focusing on talks with Etihad for its deal with Air Berlin.

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Alaska Airlines Nears Virgin America Acquisition with $2 Billion Deal

Alaska Airlines is poised to acquire Virgin America for $2 billion deal surpassing JetBlue with a $56 to $58 per share condition. An announcement will be made should the agreement pursue as the talks are not yet final.

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Airbus Needs Double Time Production as Airline Demand Increases

Airbus just can't get enough of its overflowing orders. The aircraft maker needs to have a double time production to meet its deadline for delivery and to cater other orders from other countries. Spring Air, one of the clients, ordered 60 Airbus A320neos and wants more. It asked Airbus to make more aircraft as China needs them.

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U.S. airlines confront cheap oil's flip side: costly hedges

Some major U.S. airlines including Delta and Southwest are rushing to finance losing bets on oil and revamp fuel hedges as tumbling crude prices leave them with billions of dollars in losses, according to people familiar with the hedging schemes.

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Air Lease CEO says oil price drop will not hurt demand for latest jets

Airlines are sticking with plans to buy the latest generation of fuel-saving passenger jets even though falling jet fuel costs have undercut the case for these planes, the head of one of the world's largest aircraft leasing companies said in an interview.

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WHO experts advise against travel or trade bans on Ebola-hit Africa

Independent health advisers to the World Health Organization (WHO) have assessed that there should be no general ban on travel or trade with countries reeling from an Ebola epidemic in West Africa, the U.N. agency said on Monday.

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Australia's Qantas, Virgin allow smartphones throughout flights

Australian airlines Qantas Airways Ltd and Virgin Australia Holdings Ltd said passengers can use smartphones and tablets throughout flights from Tuesday after a regulator relaxed a ban on electronic devices on planes.

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Alitalia and Etihad in discussion

Alitalia and Etihad are in discussion as to possible stake purchase from the Italian flag carrier.

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Doric Assets moves delivery A380 jets one year earlier over high demand

Doric Assets speeds up the acquisition of A380 jets to cater to the needs of its clients.

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JetBlue founder assembling $3.2B to regain power and buy TAP-report

David Neeleman is trying to put together $3.2 billion to regain JetBlue back and buy TAP-report

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Air Canada dismisses debt repurchase plan

Air Canada terminates a tender offer to buyback some bonds after Fed Chairman triggered sell off.

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ANA and AirAsia's economical airline joint enterprise faces deadlock

ANA Holdings will purchase AirAsia’s way out of their budget airline cooperative enterprise in Japan, leading to a disbanded bond.

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