Spirit Airlines plans to raise several hundred million dollars in new debt backed by its loyalty programs, in the latest confirmation that loyalty assets are some of the most lucrative…
Spirit Airlines has cancelled at least 35 routes from January as industry-wide issues take their toll on air carriers' ability to recover — and expand — their schedules next year.
Allegiant Air was once among the most regularly profitable airlines in the world. Then came the pandemic and in the third quarter, when almost every U.S. carrier made money, the…
JetBlue Airways is bouncing back from its operational missteps this spring that forced deep cuts to its summer schedule. But that recovery may hit turbulence this winter as air traffic…
Amazon could become a significant minority shareholder in Hawaiian Airlines under a new deal that will see the carrier fly freighters for the e-commerce giant's Amazon Air division.
They say the best time to invest is at the bottom of the cycle. Well, airlines may have missed the bottom, but with balance sheets looking solid again they are…
Frontier Airlines CEO Barry Biffle is confident that the carrier's cost advantage will drive its growth — and success — over the coming decade. This confidence comes after it lost…
United Airlines is confident enough in the outlook for 2023 to plan seven new transatlantic routes despite the economic storm clouds circling the U.S. and Europe.
Delta Air Lines has answered its questions on electric air taxis. The lone holdout among major U.S. carriers is investing up to $200 million in Joby Aviation, a developer of…