Jay Shabat

Can you hear the alarm bells ringing? Spirit and Frontier, two ultra-low cost carriers, delivered shockingly bad news to investors last week. The third quarter has developed far worse than…

Spirit Airlines delivered an extremely bearish message to investors this week, warning of a steep operating loss in the quarter that ends this month.

The leaves are still green across most of the U.S. But how long will U.S. airlines stay in the black?

Greece’s Aegean Airlines, riding a wave of inbound tourism, reported an 18% operating margin for the April-to-June quarter. That was just a point less than what Europe's profit champion Ryanair…

As September approaches, the world’s airlines can’t help but wonder what lies ahead. More of the same demand strength that propelled the industry to strong springtime profit margins — margins…

Most airlines have now reported their financial results for the second quarter, and none so far has performed better than Air Arabia. The low-cost carrier, based in the United Arab…

Turkish Airlines and Thai Airways, both members of the Star Alliance, signed a preliminary agreement to “move towards” a network joint venture covering flights between Europe and the Asia-Pacific region.…

AerCap, the world’s largest aircraft leasing company, does not see the commercial aircraft shortage ending anytime soon, even as demand for aviation assets remains robust.

Air France-KLM is talking to Apollo Global Management about raising funds to improve its balance sheet, in a deal that would involve spinning off its loyalty plan into a new entity.…

AAR, a major provider of maintenance and repair services to airlines worldwide, told investors that industry supply-side constraints are easing but remain problematic. The company, headquartered near Chicago, provided an…