A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 7, 2023. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines is considering changes to its single-class, open-seating cabins to drive up revenue, CEO Bob Jordan told CNBC on Thursday, a shift that could be among the … Read more
Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands. Nicholas Economou | Nurphoto | Getty Images JetBlue Airways shares tumbled more than 13% in premarket trading Tuesday after the … Read more
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines said Monday that it will defer deliveries of new Airbus planes and furlough about 260 pilots as it tries to boost liquidity. “This amendment to our … Read more
A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Jan. 31, 2024. Joe Raedle | Getty Images JetBlue Airways told staff on Tuesday that it is culling a host of routes, making it the carrier’s latest move to cut costs in the wake of a … Read more
A Frontier Airlines plane lands at the McCarran International Airport in Las Vegas on Thursday, Feb. 27, 2020. Elizabeth Page Brumley | Tribune News Service | Getty Images First class on Frontier? Not quite. But the budget airline on Tuesday launched a new add-on to get more room at the front of its tightly-packed planes … Read more
A United Airlines 737 Max 8 Leslie Josephs | CNBC United Airlines will pause pilot hiring this spring because of Boeing delivery delays, the latest effect of the plane maker’s problems on one of its biggest customers. New hire classes will be paused in May and June and will likely resume in July, Marc Champion, … Read more
The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021. Patrick T. Fallon | AFP | Getty Images In the nearly four years since the Covid-19 pandemic upended air travel, the largest U.S. airlines have returned to … Read more
Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses â even at some companies that are turning a profit. Barbie maker … Read more
A JetBlue Airways plane prepares to depart New York’s LaGuardia Airport. Leslie Josephs | CNBC In the 24 years since JetBlue Airways‘ first flight, the New York-based airline has pushed the envelope for a carrier of its size. Now, with some veteran executive hires and cost-cutting, it’s trying to get back to basics. JetBlue was a pioneer … Read more
A Spirit Airlines plane awaits takeoff at LaGuardia Airport in New York Leslie Josephs/CNBC Spirit Airlines‘ fourth-quarter loss narrowed to nearly $184 million, but its CEO said that the carrier is on a path back to profitability and that the domestic air travel market is improving. The airline is trying to find its footing after … Read more
