U.S. airlines spent more than $5 billion on jet fuel in March than they did in February, U.S. government data released Wednesday show. The spike came after the U.S.-Israel strikes on Iran began, effec
More than 75,000 summer flights have been removed from airline schedules, per Cirium. The bulk of those came from Spirit and United Airlines.
Major U.S. airlines spent ​just over $5 billion ‌on jet fuel in March, up ​56% and $1.8 billion ​over February costs, the ⁠U.S. Transportation ​Department said.
WTI crude is hovering near $99.89 a barrel, with the monthly trend down 1.4% even as weekly prices climbed 9.7% on fresh Strait of Hormuz tensions.
The president of American Airlines' pilots union has suggested that activist investors may be pursuing the airline.
There's still a place for low-cost carriers, even if it's getting tougher for them to compete.
Spirit shareholders are unlikely to get anything for their shares in the upcoming liquidation.
Airlines have wasted no time in beefing up their schedules in the wake of Spirit Airlines' collapse. Carriers are competing for Spirit's routes and gates.
Jet fuel prices have jumped far more than crude oil since fighting in Iran began, pressuring airlines like Delta Air Lines and forcing capacity cuts.
Jonathan Kanter, Fmr. Asst. Attorney General, says Spirit's collapse stems from management decisions, warns on weak airline competition, and sees the OpenAI case as complex but unlikely to force major
The collapse of Spirit Airlines is cascading through airports across the US, leaving passengers stranded mid-journey and sending rival carriers into rapid-response mode to contain the damage. Airlines
The airline's abrupt shutdown upsets travelers across the country, and its staff.
Summer 2026 will be a stress test for U.S. airlines. Second quarter jet fuel is tracking $4.10 to $4.30 per gallon, with benchmark West Texas Intermediate (WTI) crude at $99.89 per barrel and in the 9
American Airlines resumed flights to Venezuela after a seven-year hiatus, as President Donald Trump pushes to restore commercial and diplomatic ties after ordering the capture of President Nicolas Mad
Maybe the best thing that can happen to an airline's recently installed chief customer officer is to make major changes at the airline and then to see them validated in an independent customer satisfa
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