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US flight cancellations, delays this year surpass 2019 levels

A flight status board shows on-time, delayed, early and canceled flights in Logan Airport at the start of the long July 4th holiday weekend in Boston, Massachusetts, US, June 30, 2022. REUTERS/Brian Snyder/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 12 (Reuters) – Flight cancellations and delays by US airlines in …

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Exclusive: Russia starts stripping jetliners for parts as sanctions bite

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Aug 8 (Reuters) – Russian airlines, including state-controlled Aeroflot (AFLT.MM), are stripping jetliners to secure spare parts they can no longer buy abroad because of Western sanctions, four industry sources told Reuters. The steps are in line …

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US lawmakers look to crack down on airlines over canceled flights

WASHINGTON, Aug 9 (Reuters) – Two US House Democrats on Tuesday proposed making it unlawful for airlines to offer flights if they know they lack sufficient staff or to cancel flights close to scheduled departures because of foreseeable staffing issues. In a summer of growing frustration over tens of thousands of canceled flights, Representatives Jan …

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Transportation M&A nightmare worth the trip

JetBlue Airways aircrafts are pictured at departure gates at John F. Kennedy International Airport in New York June 15, 2013. Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 8 (Reuters Breakingviews) – With transportation deals, as in life, it’s not the destination but the journey. Canadian Pacific Railway’s (CP.TO) plan to …

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Analysis: Spirit Airlines winning bidder may need years to recoup price tag

July 12 (Reuters) – The bidding war for Spirit Airlines Inc (SAVE.N) between Frontier Group Holdings Inc (ULCC.O) and JetBlue Airways Corp (JBLU.O) may leave the acquirer taking years to earn back their investment. JetBlue’s latest cash-and-stock bid values ​​Spirit at $ 3.7 billion, while Frontier’s latest cash-and-stock bid, which Spirit recommends its shareholders should …

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US hotels spin travel demand into gold as airlines struggle

A man exits the Four Seasons Hotel, which was later clarified by President Donald Trump’s official Twitter channel as not the Four Seasons location mentioned for the legal team’s press conference, in Philadelphia, Pennsylvania, US November 8, 2020. The press conference was subsequently held at the Four Seasons Total Landscaping company in Philadelphia. REUTERS / …

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SpiceJet flights to be reinstated gradually – India aviation watchdog

A SpiceJet passenger Boeing 737-800 aircraft takes off from Sardar Vallabhbhai Patel international airport in Ahmedabad, India May 19, 2016. REUTERS/Amit Dave/File Photo Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Aug 4 (Reuters) – India will allow SpiceJet Ltd (SPJT.NS) to reinstate flights in a “graded manner” once the airline shows …

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US banks finally see upturn in credit-card borrowing

NEW YORK, June 10 (Reuters) – Big US banks including JPMorgan Chase & Co (JPM.N) and Citigroup (CN) appear set for some earnings boost from a pick-up in the battered credit-card business, but a possible recession would pull consumers back and bring losses on outstanding loans. Last week, JPMorgan Chairman and CEO Jamie Dimon warned …

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US adds 25 Airbus planes operated by Russian airlines to export violation list

A Ural Airlines Airbus A321-200 airplane takes off from the airport in Palma de Mallorca, Spain, July 29, 2018. Picture taken July 29, 2018. REUTERS / Paul Hanna Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 2 (Reuters) – The US Commerce Department on Tuesday will add 25 Airbus airplanes operated by …

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