Articles tagged “jet stream”

The order is major win for Boeing, which has been shut out of the Chinese market for nearly decade due to trade tensions between the U.S. and China.

After years of thorny negotiations, United flight attendants ratified a new five-year contract that will give them significant raises and boarding pay. And even with high fuel costs, airlines don’t expect those record contracts to change.

What was sold as a minority investment has become outright control in record time. Expect Lufthansa to bring the same German gusto to the looming battle for TAP Air Portugal.

Although Spirit was a small airline, it had a sizable impact on airfares across major markets in the U.S. Now that it has shut down, industry experts say to expect more airfare increases compounded by high fuel costs.

In just the span of two months fuel costs are up more than double since the start of the Iran war, according to new data from the Department of Transportation.

Frontier is looking to absorb some of Spirit’s demand and expand in markets like Orlando, Fort Lauderdale, Dallas-Fort Worth, and Detroit — all of which are former Spirit strongholds.

Airlines are quickly adding new routes out of some of Spirit’s biggest cities, including Fort Lauderdale, Orlando, and Atlantic City.

Airline failures are an accepted part of the industry rough-and-tumble in many countries. Spirit's collapse is forcing a fresh look at the costs and benefits of America's protectionist instincts.

Spirit said it explored every possible option to stay in business, but it was left with no other choice to liquidate because it did not have a sufficient amount of cash.

Transportation Secretary Sean Duffy appeared to dismiss the idea that other budget carriers might need a bailout from the government, hours after Spirit said it would start winding down operations.