Today: July 07, 2024
Today: July 07, 2024

Latest From Rajesh Kumar Singh

Business|Technology

Spirit Aero chief in spotlight as Boeing searches for new CEO

Boeing's long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems, now shifts the focus of investors to the planemaker's

Spirit Aero chief in spotlight as Boeing searches for new CEO
Business

Spirit Airlines finds itself with few options after judge blocks deal with JetBlue

Spirit Airlines faces tough choices about its future including looking for another buyer and finding other ways to shore up its finances after a federal judge

Business|Technology

GE Aerospace sees supply constraints persisting next year

A GE Aerospace executive said on Wednesday global supply chains will likely remain challenged even next year, despite a production slowdown at Boeing.

GE Aerospace sees supply constraints persisting next year
Science|Technology

GE Aerospace developing hybrid engines for single-aisle jets

GE Aerospace is developing a hybrid electric engine with the hopes it will power next-generation narrow-body jets by the middle of the next decade.

GE Aerospace developing hybrid engines for single-aisle jets
Business

United Airlines says FAA review places restrictions on flying new aircraft

United Airlines on Wednesday said it has been prevented from putting new aircraft into service due to an ongoing review of its operations by the U.S.

United Airlines says FAA review places restrictions on flying new aircraft
Business

Biden administration partners with states to protect airline customers

U.S.

Biden administration partners with states to protect airline customers
Business

Frontier Airlines overhauls network, turns to premium seats in comeback

U.S. no-frills carrier Frontier Airlines is focusing on growing its network in "high fare" markets like Seattle and Detroit at the expense of its footprint in

Frontier Airlines overhauls network, turns to premium seats in comeback
Business

JetBlue cuts routes to improve financial performance

JetBlue Airways will eliminate a number of its routes and markets, and reduce service in Los Angeles to improve its financial performance, the company said on

JetBlue cuts routes to improve financial performance
Business

United Airlines CEO vows review of recent safety incidents

United Airlines is reviewing recent safety incidents in which it has been involved and using the insights to update safety training and procedures for

United Airlines CEO vows review of recent safety incidents
Business

Analysis-Airlines try to leverage Boeing woes despite lack of alternatives

Airline executives are frustrated with Boeing as its safety crisis has upended their business plans.

Analysis-Airlines try to leverage Boeing woes despite lack of alternatives
Business

Analysis-Spirit Airlines faces tough road after JetBlue merger falls through

Ultra-low-cost airline Spirit Airlines has its work cut out as it plots a future after the collapse of its $3.8 billion merger deal with JetBlue Airways.

Analysis-Spirit Airlines faces tough road after JetBlue merger falls through
Business

Exclusive-Allegiant expects fewer aircraft from Boeing as US planemaker faces quality issues

Low-cost U.S. carrier Allegiant expects fewer aircraft deliveries from Boeing this year, its president told Reuters, as the planemaker grapples with the

Exclusive-Allegiant expects fewer aircraft from Boeing as US planemaker faces quality issues
Business

Delta CEO confident Boeing will learn from mid-air panel incident

Delta Air Lines CEO Ed Bastian said he was confident Boeing would learn from an incident last week involving a mid-air blowout of a cabin panel on one of the

Delta CEO confident Boeing will learn from mid-air panel incident
Business

Delta to buy 20 Airbus A350-1000 widebody planes

Delta Air Lines on Friday unveiled a deal with Airbus to buy 20 A350-1000 widebody aircraft, in a deal that is likely to make it the first U.S. carrier to

Delta to buy 20 Airbus A350-1000 widebody planes
Business

Delta Air Lines cuts 2024 profit outlook on supply chain, economic risks

Delta Air Lines on Friday scaled down its profit outlook for the current year, citing supply chain issues and macroeconomic uncertainties, sending its shares

Delta Air Lines cuts 2024 profit outlook on supply chain, economic risks
Business

Analysis-US airlines' plans for growth constrained by antitrust concerns

Shortages of new planes, jet engines and pilots have left U.S. airlines with little choice but to pursue growth through acquisitions - which then puts them in

Analysis-US airlines' plans for growth constrained by antitrust concerns
Business

GE halves LEAP engine delivery growth target for 2024

General Electric on Tuesday warned that the growth in LEAP engine deliveries next year would nearly halve as its suppliers struggle to keep pace with a

GE halves LEAP engine delivery growth target for 2024
Business

US airline investors worry the travel boom may be coming in for a landing

It should be the best of times for U.S. airlines with a travel boom still going strong, but investors are nervous demand may soften as the economy falters,

US airline investors worry the travel boom may be coming in for a landing
Business

Delta trims full-year profit outlook on higher fuel costs

Delta Air Lines on Thursday reported stronger-than-expected quarterly earnings, but trimmed its full-year profit outlook due to higher fuel costs.

Delta trims full-year profit outlook on higher fuel costs
Business

Flagging domestic travel casts shadow over US airline earnings

A travel boom has produced bumper earnings for major U.S. carriers this year but signs of softening demand on domestic routes have amplified worries that the

Flagging domestic travel casts shadow over US airline earnings
Business

US carriers accelerate to bigger planes to overcome operating constraints

United Airlines' plan to navigate the operating constraints dogging U.S. carriers is simple – bigger planes.

US carriers accelerate to bigger planes to overcome operating constraints
Business|Economy

United Airlines cuts hiring plans for 2024 due to Boeing delays

United Airlines will hire fewer-than-expected employees this year due to delays in aircraft deliveries from Boeing, a company executive said on Tuesday.

United Airlines cuts hiring plans for 2024 due to Boeing delays
Business|Economy

Aircraft shortages turn into cash bonanza for some airlines

Aircraft shortages are turning into a moneymaker for some airlines as the dearth of supply allows carriers to sell new planes to leasing companies at much

Aircraft shortages turn into cash bonanza for some airlines
Business|Economy

Southwest pilots face reduced hours, pay due to Boeing delivery delays

Southwest Airlines plans to offer its pilots reduced hours and, in effect, monthly pay, two people familiar with the matter said, as it grapples with higher

Southwest pilots face reduced hours, pay due to Boeing delivery delays
Business|Travel

Union rejects American Airlines' latest proposal offering 17% wage hikes

The Association of Professional Flight Attendants (APFA), which represents over 23,000 American flight attendants, said on Wednesday that it unanimously

Union rejects American Airlines' latest proposal offering 17% wage hikes

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