Aerospace and defense industry

Airfares cool as peak summer travel season fades. Now what?

Passengers are seen at the Delta Air Lines check-in counters at Hartsfield-Jackson Atlanta International Airport ahead of the Fourth of July holiday in Atlanta, Georgia, July 1, 2022. Elijah Nouvelage | Reuters Flights, believe it or not, are getting cheaper. Airfares fell a seasonally-adjusted 1.8% from May to June, according to the latest US inflation …

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US flight disruptions finally ease as the holiday weekend winds down

Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois. Andrew Woodley | Universal Images Group via Getty Images US airline delays eased on Monday as weather improved, a relief for travelers and airlines as the July Fourth holiday weekend comes to an end. As of Monday afternoon, about 1,200 US flights were …

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How JetBlue’s takeover of Spirit could change air travel

Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines resigned this week and agreed to sell itself to JetBlue Airways for $3.8 billion, hours after breaking off a merger agreement with Frontier Airlines that failed to win enough shareholder support. The …

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Pilots describe toxic culture and airline errors

The chaos engulfing many major airports in North America and Europe since summer began hasn’t abated much, and news outlets and social media users continue to report on hordes of impatient travelers and mountains of misplaced suitcases. Source: Getty Images Canceled flights. Long lines. Staff walkouts. Missing luggage. Sound familiar? The chaos engulfing many major …

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Airlines ask Biden to drop Covid testing for vaccinated travelers before US-bound flights

A traveler wears a face mask while checking their phone on the arrivals level outside the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) amid increased Covid-19 travel restrictions on January 25, 2021 in Los Angeles, California. Patrick T. Fallon | AFP | Getty Images Airlines and other travel industry groups asked …

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JetBlue to buy Spirit for $ 3.8 billion after months-long fight over discounter

A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta / Sun Sentinel / Tribune News Service via Getty Images) Joe Cavaretta | Sun Sentinel | Getty Images JetBlue Airways has reached a $ 3.8 billion deal to buy Spirit …

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Spirit Airlines, Frontier terminate deal that was marred by JetBlue’s rival bid

A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images Spirit Airlines terminated its merger agreement with Frontier Airlines on Wednesday, months after a rival bid by JetBlue Airways marred the planned tie-up. The announcement ends …

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Boeing (BA) 2Q 2022 earnings fall short of estimates

Boeing on Wednesday stuck by its forecast to return to free cash flow this year as it prepares to resume deliveries of its 787 Dreamliner planes after manufacturing flaws paused deliveries for much of the past two years. The company’s second-quarter results fell short of analysts estimates. Weakness in its defense unit dragged down results, …

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Airline complaints nearly tripled in May from same month in 2019

Travelers at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, July 2, 2022. Angus Mordant | Bloomberg | Getty Images Staffing shortages. Delays. Lost luggage. Massive lines. High fares. Air travelers in 2022 have plenty to complain about. By many measures travel is worse than last year, but here’s how …

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