Articles by Leslie Josephs
Spirit Airlines' accessible cash to keep operating won't last long and a government rescue package is on the table, a lawyer for the struggling budget carrier said at a hearing Thursday.
President DοΏ½...
American Airlines on Thursday cut its 2026 earnings forecast, becoming the latest airline to lower its outlook after a surge in fuel costs added billions to expenses this year.
American said it coulοΏ½...
United Airlines slashed its 2026 earnings outlook Tuesday as it grapples with a surge in jet fuel prices due to the war in the Middle East.
United said it could earn between $7 and $11 a share on anοΏ½...
President Donald Trump said Tuesday that the federal government could help struggling Spirit Airlines as the discount carrier faces the possibility of liquidation.
Trump told CNBC's "Squawk Box": "IοΏ½...
A U.S. lawmaker is urging the CEOs of the country's largest airlines to lower prices if and when the cost of jet fuel declines after a massive run-up this year prompted carriers to raise surcharges, οΏ½...
Spirit Airlines could liquidate as early as this week, according to people familiar with the matter.
They spoke on the condition of anonymity to discuss matters that had not yet been made public.
TοΏ½...
Delta Air Lines on Monday unveiled an updated Delta One suite for some of its longest-haul planes, marking its first refresh of the top-tier seat in a decade as airline competition for well-heeled trοΏ½...
The surging price of jet fuel isn't the airline industry's only problem. Now, it's whether it will have enough.
Since the U.S. and Israel attacked Iran on Feb. 28, the price of jet fuel in the U.S. οΏ½...
Delta Air Lines raised its fee for checked bags by $10 for tickets purchased starting Wednesday, the third major U.S. carrier to increase prices as the industry grapples with a jump in jet fuel expenοΏ½...
The surging price of jet fuel isn't the airline industry's only problem. Now, it's whether it will have enough.
Since the U.S. and Israel attacked Iran on Feb. 28, the price of jet fuel in the U.S. οΏ½...
