Biden issues new rules for airlines to require automatic cash refunds, prohibit surprise fees

If an airline cancels your flight, remember that you’re entitled to a full refund. Bunhill | E+ | Getty Images The Biden administration on Wednesday unveiled two new rules that will directly affect millions of Americans who fly commercially every year. The first rule requires airlines to be more transparent about extra fees, and the … Read more

Best U.S. airlines in 2024

There are plenty of factors to consider when booking long-range travel plans. One of the biggest: which airline will fly you to your destination. While many airlines will take you where you want to go, the travel experience can vary widely when it comes to factors such as boarding processes, amenities and baggage allowances. WalletHub … Read more

American Airlines (AAL) earnings Q1 2024

American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts’ estimates. American expects to earn between $1.15 and $1.45 per share in the second quarter, on an adjusted basis, largely above the $1.18 that analysts compiled by LSEG estimated on average. American reiterated its forecast to … Read more

Southwest weighs seating changes to drive up revenue

A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 7, 2023. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines is weighing changes to its cabin that could involve abandoning its single-class, open-seating system to drive up revenue, CEO Bob Jordan told CNBC on Thursday. The … Read more

Southwest Airlines (LUV) earnings Q1 2024

A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will hamper its growth into 2025. The airline expects to grow capacity 4% this … Read more

Investors are hoping Big Tech earnings next week could revive a flagging bull market

The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Next week will spotlight the bulk of the Magnificent Seven names, which had a strong start to the year, but have been in a slump as of late. Tesla reports Tuesday, … Read more

Airline execs predict record summer, even more demand for first class

Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC While the aviation industry has been in the spotlight lately for a host of safety issues, airline executives say there is no sign of slowing demand for flights. United Airlines “as an airline and as an industry” will carry record … Read more

United Airlines (UAL) 1Q 2024 earnings

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Tuesday reported strong travel demand that drove it to a narrower loss than expected in the first quarter despite a $200 million hit from the temporary grounding of the Boeing 737 Max 9 … Read more

Southwest Airlines Boeing 737 lost engine cover during takeoff, FAA investigating

A Southwest Airlines Boeing 737 MAX 8 arrives at Daniel K. Inouye International Airport on January 20, 2024 in Honolulu, Hawaii.  Kevin Carter | Getty Images An engine cowling fell off of a Southwest Airlines Boeing 737-800 and struck a wing flap during takeoff from Denver International Airport, the Federal Aviation Administration said Sunday. The … Read more

Why the Boeing 737 Max has been so problematic

Just over five years ago, 346 people were killed in two plane crashes that happened five months apart in Indonesia and Ethiopia. Both were Boeing 737 Max 8 planes. Then in January 2024, a near catastrophe occurred when a door plug blew off an Alaska Airlines 737 Max 9 plane at 16,000 feet, shortly after it took off from … Read more