Boeing narrowed its losses in the first quarter and is preparing to raise monthly output of 737 Max jets, as CEO Kelly Ortberg said the planemaker could send some aircraft destined for China to other airlines amid the trade war. Boeing is planning to seek Federal Aviation Administration approval later this year…
A Southwest Airlines Boeing 737 airplane departs from Harry Reid International Airport as another airplane taxis in Las Vegas, Nevada, on March 15, 2025. Kevin Carter | Getty Images News | Getty Images Southwest Airlines said Wednesday that it will reduce its capacity in the second half of the year, as more…
American Airlines withdrew its 2025 financial guidance on Thursday, joining other carriers that are grappling with an uncertain outlook for the U.S. economy and weaker-than-expected leisure travel bookings this year. "We came off a strong fourth quarter, saw decent business in January and really domestic leisure travel fell off considerably as we…
An Alaska Airlines Boeing 737 MAX 9 plane sits at a gate at Seattle-Tacoma International Airport on Jan. 6, 2024. Stephen Brashear| Bloomberg | Getty Images Alaska Airlines on Wednesday warned that softer travel demand will eat into earnings in the second quarter, the latest in a chorus of carriers seeing weaker-than-expected…
Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Delta Air Lines won't expand flying in the second half of the year because of disappointing bookings amid President Donald Trump's shifting trade policies, which CEO Ed Bastian called…
Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Delta Air Lines slashed its first-quarter revenue and profit outlooks, citing weaker domestic demand, backing up growing concerns about lackluster sales in some corners of the travel industry. Delta…
Kelly Ortberg speaks at the 14th annual U.S. Chamber Of Commerce Foundation Aviation Summit in downtown Washington, D.C. Kris Tripplaar | SIPPL Sipa USA | AP Boeing CEO Kelly Ortberg on Tuesday laid out a recovery plan for the company as he faces investors antsy for answers after the plane-maker posted its…
An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images American Airlines ' first-quarter earnings outlook on Thursday fell short of analysts' estimates, sending shares down more than 5%. The carrier forecast an adjusted…
A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One World Trade Center in New York City on December 4, 2024, in Newark, New Jersey. Gary Hershorn | Corbis News | Getty Images United Airlines forecast first-quarter earnings that…
Ed Bastian, CEO of Delta Airlines, speaking on CNBC's Power Lunch on Dec. 17th, 2024. Adam Jeffery | CNBC Delta Air Lines ' first-quarter outlook on Friday topped analyst expectations as the carrier forecast strong travel demand to start the year, which CEO Ed Bastian said will likely be the carrier's best ever.…