Airline stocks rose on October 3 through October 4 after Delta Airlines issued a positive trading update, as the financial impact from Hurricanes Harvey, Irma and Maria on the country’s largest airline by market value turned out to be far less severe than previously feared. Shares in Delta climbed 6.3%, the most in 20 months, […]
The United States secretary of commerce, Wilbur Ross, has announced a ruling against Bombardier in a dispute with Boeing. The American plane manufacturer had complained Bombardier got unfair state subsidies from both the UK and Canada, helping it win a major order from Delta Air Lines. In response, a preliminary interim tariff of 220 per […]
Qantas has announced it is investigating direct flights from the east coast of Australia to London and New York by 2022. A direct flight would cut total journey time by up to four hours on Sydney-London and almost three hours on Melbourne-New York. If accomplished, this 20-hour non-stop journey would be longest commercial flight. In […]
Emirates announced plans to reduce flights on five US routes starting in May due to weakened demand after the restrictions imposed by the Trump administration, BBC reported. The airline will reduce the number of flights to five of the twelve cities it serves in the United States. According to the airline’s spokeswoman, the recent actions […]
On the 21st of March, an announcement came about a new US ban on large electronic devices, such as laptops, tablets, cameras, DVD players and electronic games, from cabin baggage on routes from eight Middle Eastern and North African countries. The ban will include all large electronic devices except phones, affecting nine airlines operating from […]
