Posts tagged "airline-earnings"
Starting September 8, Air France-KLM's Flying Blue program is unbundling every reward flight into Light, Standard and Flex fares — and keeping the old benefits now costs up to 25% more miles.
The FAA has ordered inspections of Airbus AS350 and EC130 helicopters after reports that a coupling flange can be fitted upside down — a defect the agency says could cut power to the main rotor entirely.
Air China, China Eastern and China Southern swung to a combined 8.2 billion yuan ($1.22 billion) first-half loss as jet fuel costs surged 35-38%, erasing a profitable start to 2026.
CFM has produced more than 1,200 high-pressure turbine durability kits and upgraded 40% of Leap-1A-powered A320neos, with the Leap-1B version for Boeing's 737 MAX now FAA- and EASA-certified — doubling time on wing in the Gulf and India, where sand and heat wear engines fastest.
Akasa Air begins four-weekly nonstop flights between Mumbai and Hanoi on September 4, becoming the first Indian carrier on the route — a pivot to Southeast Asia after the Iran war froze its Gulf expansion plans.
Punta Gorda Airport just opened six new gates in a $44 million Bailey Terminal expansion, after passenger traffic jumped 18.5% in a single year to a record 2.28 million — nearly all of it flying Allegiant.
Carl Icahn sold 8.13 million JetBlue shares in four trading days, cutting his stake below 5% and forcing his two board picks to resign immediately — closing out a two-and-a-half-year activist campaign that began with a 9.91% stake and a collapsed Spirit merger.
Vizag's old airport lost its own three-letter code on August 17, as commercial flights shifted to the new Alluri Sitarama Raju International Airport at Bhogapuram — a 6-million-passenger greenfield built to scale to 40 million.
The FAA is ordering repetitive inspections of the pilot cyclic stick tube on Bell 407 helicopters after a tube fractured in service — a part the pilot's control stick pivots on, whose failure could mean loss of control in flight.
American Airlines is building a 17,400-square-foot Admirals Club at Nashville's new Concourse A — nearly triple its current lounge — funded partly by a $12.6 million loan from the airport authority itself.
The US State Department cleared a $4.5 billion sale of up to four Boeing KC-46A tankers to Qatar on August 20, 2026 — a deal that would give the Qatar Emiri Air Force its first aerial refueling fleet, over Israel's long-standing defense export embargo on the Gulf state.
Memphis is getting its first lounge open to every traveler regardless of airline, credit card, or status — a $2.9 million, 12-year bet that pay-per-visit comfort can work in a mid-size hub.