American Airlines profits sink - American’s profits declined 46% in the second quarter as it reels from a controversial direct selling strategy and an imbalance in domestic seats.
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Luxury air travel gets personal - Offering a whole array of seats and experiences explicitly designed for people’s specific needs, Lufthansa is aiming to make air travel a truly personal experience.
Jul 24, 2024 • Travel
Air travel demand 'normalizing' - Airlines expect yields - a measure of the average fare paid per mile by each passenger - to remain flat as customers go "back to basics" and look for the most cost-effective way to travel.
Jul 22, 2024 • Travel
Lufthansa adjusts to business travel weakness - With corporate travelers in short supply, the airline isn’t able to compensate for seasonal demand fluctuations.
Jul 12, 2024 • Travel
IATA: Air traffic demand up 10.7% in May - In May, global traffic, as measured by revenue passenger kilometers, increased 10.7% year-over-year, continuing its double-digit percentage growth trend.
Jul 4, 2024 • Travel
Asian air travel far from pre-covid levels - A return to pre-pandemic travel levels seems unlikely in the near future as Asian travelers appear reluctant to resume flying.
Jul 2, 2024 • Travel
Airlines trying to stop Biden from enforcing ‘junk fees’ rule - Six carriers filed a lawsuit in an attempt to block a new rule that would affect fees for luggage and changing reservations.
May 14, 2024 • Travel
British Airways predicts another bumper summer - Continued demand from holidaymakers and tech executives driving recovery in business travel is boosting airline revenues despite weakness in Asia.
May 13, 2024 • Travel
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