American, Southwest postpone return of Boeing 737 MAX service
Boeing 737 MAX will return to commercial service at Southwest and American in March.
Boeing 737 MAX will return to commercial service at Southwest and American in March.
Low-cost carrier fended off rivals IAG, Wizz Air and Virgin Atlantic
American Airlines [NYSE: AAL] won’t have to make any major fleet decisions for at least six years after completing a $30 billion, multiyear modernization program, positioning American to significantly increase free cash flow and returns to shareholders, according to company executives. Since 2013, the Dallas-based airline has replaced nearly 500 aircraft and now has about […]
Updated at 3:15 p.m. EST. Earnings call adds. Cargo business fell during a challenging third quarter for American Airlines [NASDAQ: AAL], which faced operational disruptions and higher costs from labor issues, weather and the grounding of the Boeing 737 MAX. As previewed, the Dallas-based carrier reported Thursday that cargo revenue fell 20% to $208 million […]
Air Canada said Wednesday that it has removed the Boeing 737 MAX from its flying schedule until February 14 because ongoing regulatory uncertainty could cause problems as it launches a new reservation system. Transportation authorities around the world grounded the MAX, a more fuel-efficient update for the popular short-to-medium range jet, in March after two […]
Large aircraft are included on the list of $7.5 billion worth of European imports that will be subject to new U.S. tariffs starting Oct. 18. That means U.S. airlines with orders for Airbus aircraft could pay more than expected. During Thursday’s (Oct. 10) earnings call with analysts, Delta Airlines [NYSE: DAL] CEO Ed Bastian expressed […]
American Airlines [NYSE: AAL]said it expects to begin phasing in the Boeing 737 MAX into service by mid-January, nearly nine months after aviation authorities grounded the plane for safety reasons. The Dallas-based airline said in a statement Oct. 9 that the Federal Aviation Administration will likely recertify the aircraft later this year and that it […]
Truck drivers trying to make deliveries to and from cargo warehouses at Los Angeles International Airport on Wednesday could experience delays from labor protests scheduled to occupy portions of surrounding roadways. The California local of the Service Employees International Union is organizing a demonstration to highlight how developers and big corporations are reaping financial benefits […]
Delta is making a big play for Latin America, a region that is close to its base and where it sees the most growth potential and return on investment.
Delta Air Lines [NYSE: DAL] plans to take a 20 percent ownership of LATAM Airlines [NYSE: LTM] with a $1.9 billion investment in the Chilean-based airline that positions it to make inroads against American Airlines’ in Latin America. Both companies said late Thursday afternoon (Sept. 26) the new partnership would provide passengers greater global connectivity […]
No short-term relief for cargo congestion at LAX is coming from infrastructure upgrades, so companies are looking at process improvements to speed up cargo hand-offs.
The Boeing 737 MAX grounding has strained operations and finances this year at several North American airlines, but executives caution the jetliner needs to be reintroduced to fleets in a gradual, coordinated way once authorities certify it to fly so they have time to build passenger bookings and conduct their own tests. A controlled rollout […]
Airlines, shipping lines, and cruise lines are beginning to arrive in the Bahamas with large shipments of relief supplies.
The U.S. Justice Department said American Airlines has agreed to pay a $22.1 million civil penalty to resolve allegations that it falsely reported the times it transferred U.S. mail to foreign postal services.
Four months into the MAX grounding and several more to go, what’s the latest on the air cargo impact?
Softer air cargo seen across all major global trade lanes this year, but Industry leaders still optimistic.