air travel

In a recent development, Rep. Marjorie Taylor Greene (R-Ga.) reportedly publicly criticized President Joe Biden‘s proposal to do away with seat selection fees for families with children on flights. What Happened: Greene took to X, previously known as Twitter, to voice her disapproval of the...

The airline industry, which has been experiencing a significant upturn from the lows of the pandemic, is anticipated to encounter a period of stabilization in 2024. This comes as the demand for ‘revenge travel’ diminishes and the industry heads towards a new phase of normalcy. What...

In a pioneering move, Turkish-Dutch Corendon Airlines is set to inaugurate a special section strictly for adults on its international flights. As reported by The Hill on Monday, this unique offering aims to provide passengers without children and business travelers with a...

Fourth of July weekend is upon us with Americans expected to hit the roads in record numbers with AAA travel predicting approximately 42 million people driving at least 50 miles from home. AAA travel forecasted that air travelers are projected to reach 3.55 million for the holiday, which...

To view more FreightWaves infographics, click here. Image by PublicDomainPictures from Pixabay

To view more FreightWaves infographics, click here. Image by Danilo Bueno from Pixabay

As a new month opens, “reopening” stocks are finding some new life in spite of growing worries about the Delta variant. Shares of stocks tied to the reopening of the economy, including casinos, restaurants, hotels, and airlines, helped lead overnight gains. Overall, Tuesday’s...

Delta Air Lines (NYSE: DAL) is making quick progress toward recovery from the COVID pandemic as the U.S. vaccination program unleashes pent-up demand for travel. The company is better positioned than many international carriers, from a liquidity and debt standpoint, for sustainable growth....

On a call with analysts Friday, management from Forward Air (NASDAQ: FWRD) laid out some margin targets after posting a first-quarter earnings beat and issuing guidance well ahead of expectations. Thursday after the close, the Greeneville, Tennessee-based asset-light trucking and logistics company...

It’s a busy day for the airlines as three major carriers report and investors wait to hear what they might say about summer travel trends. In the meantime, broader market action looks a little unsettled to start the day without much direction one way or another. It might be a bit of a wait-...

The Boeing Co (NYSE: BA) has disclosed yet another manufacturing defect in 787 Dreamliner jets, which takes the tally of flaws to four in recent weeks, Bloomberg reported Thursday. What Happened: The latest issue is a small depression near the areas where the jet’s vertical fin comes...

The Boeing Co (NYSE: BA) said Tuesday that the tail sections of 787 Dreamliner planes made at its Salt Lake City facility were joined together improperly, the Wall Street Journal reported. What Happened: The disclosure makes it the third quality-control issue associated with the long-haul plane,...

Korean Air leveraged its cargo operation to turn a profit in the second quarter when nearly every other passenger airline has reported enormous losses after COVID-19 travel restrictions brought most flight operations to a standstill.  The South Korean carrier has one advantage that many pure...

North American and international airlines are adjusting operations and their financial outlook on an almost daily basis as the coronavirus pandemic continues to get worse. In an effort to stabilize their balance sheets, they are reducing capacity on a rolling basis, putting capital expenditures on...