Delta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays. The Atlanta-based carrier on Thursday forecast fourth-quarter adjusted earnings of $1.60 to $1.85 per share, compared with Wall Street estimates of $1.71, according to LSEG, and above the adjusted $1.28…
The days of spotty — or worse, no — Wi-Fi on airplanes are numbered, said Air New Zealand CEO Greg Foran. Reliable and fast Wi-Fi will become "ubiquitous" on full-service carriers, he told "Squawk Box Asia" Friday. But not just any Wi-Fi will do. As airlines race to entice passengers with fast — and ideally free…
China is expected to see a record-level of passenger air travel in 2024, according to the Civil Aviation Administration of China. All Copyrights Belong To Jingying Zhao | Moment | Getty Images China is expecting air passenger travel to hit a record in 2024, bouncing past pre-pandemic levels. Passenger flights may reach 700 million this year,…
A Boeing 777X airplane takes off during its first test flight from the company's plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters FARNBOROUGH, England — Boeing won orders for at least 40 wide-body jetliners from Korean Air, including the yet-to-be-certified 777X jetliner, in a vote of confidence for the…
Delta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its forecast fell short of analysts' estimates as carriers discounted fares after expanding flights. In the current quarter, Delta expects sales to rise no more than 4%, lower than the 5.8% growth forecast…
Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, on Aug. 2, 2023. Carlos Barria | Reuters The Federal Aviation Administration has granted Archer Aviation a key certification that gets the electric air taxi maker closer to eventually flying travelers, the company said…
As climate change pushes Southern Europe's summer temperatures past the proverbial boiling point, many travelers have begun to look northward to Scandinavia for outdoor vacation spots. A new attraction in Norway will have you looking northward and skyward, perhaps with an expression reminiscent of Norway's own The Scream if you have even the slightest fear…
The summer travel season started with a lot of hope that air travel headaches might be behind us. Beginning with a smooth-sailing Memorial Day weekend, flight cancellations through much of June dropped to rates far better than during last summer’s chaotic stretches, according to data from flight-tracking site FlightAware. It appears, though, that any celebration…
Getting the timing right to save money on airfare is a perennial concern of travelers. That's why advice on when to buy and when to fly is almost as easy to find online as TikTok debates about proper plane etiquette. But while we may never get an objective ruling on whether passengers in middle seats…
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images The head of the Federal Aviation Administration on Friday said the agency will increase the required amount of rest time for air…