Airlines

Spirit Airlines stock takes off on new tender offer from JetBlue (NYSE:SAVE)

Brandon Bell/Getty Images News Spirit Airlines (NYSE:SAVE) stock soared as JetBlue Airways (NASDAQ:JBLU) takes more aggressive maneuvers to take over the airline. JetBlue (JBLU) announced in Monday’s pre-market that it is engaging Spirit Airlines (SAVE) shareholders directly to pursue a hostile bid for the airline. Under the proposed terms, JetBlue would make an all-cash, fully …

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United Airlines Reaches Agreement With ALPA Union Amid Pilot Shortage

Photo: Denver International Airport United Airlines IATA/ICAO Code UA/UAL Airline Type Full Service Carrier Hub(s) Chicago O’Hare International Airport, Denver International Airport, Guam International Airport, Houston George Bush Intercontinental Airport, Los Angeles International Airport, Newark Liberty International Airport, San Francisco International Airport, Washington Dulles International Airport Year Founded 1931 alliance Star Alliance CEO Scott Kirby …

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Antonov Airlines Is Shifting Its Base To Leipzig, Germany

Antonov Airlines has switched its operational base from Kyiv-Antonov airport in Hostomel, Ukraine, to Leipzig in Germany. The heavy-lift specialist airline made headlines globally earlier this year when Hostomel became the site of heavy fighting between Russian and Ukrainian forces, with several of its aircraft destroyed. Antonov Airlines give an update on Hostomel’s destruction Last …

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Analyzing Spirit Airlines (NASDAQ:SAVE) and China Eastern Airlines (NYSE:CEA)

Spirit Airlines (NASDAQ:SAVE – Get Rating) and China Eastern Airlines (NYSE:CEA – Get Rating) are both transportation companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, earnings, profitability, analyst recommendations, risk, institutional ownership and dividends. Insider and Institutional Ownership 62.3% of Spirit Airlines shares …

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Alaska Airlines CEO anticipates ‘choppy May,’ issues mea culpa as flight cancellations rack up

Alaska Airlines is facing issues with contracting and a shortage of pilots, leaving travelers to deal with a surplus of flight cancellations. “Simply put, we had 63 fewer pilots than what we planned for when we built our schedule. By the time we got this error, April and May schedules were bid on by our …

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Singapore Airlines Banking On Success In New Zealand

Singapore Airlines is pleasantly surprised at the fast recovery of the New Zealand market. After remaining closed for almost two years, New Zealand tentatively began reopening its borders earlier this year. In response, Kiwis (and other travelers) began boarding planes to and from New Zealand again. It’s a good problem, but Singapore Airlines’ top man …

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Low-cost airlines can cut corners by all means, but not foist expenses on fliers

Why should one pay convenience fee for self-booking online when the boot is on the other leg — it is the airline that benefits more by getting rid of responsibilities and related expenses? Irate fliers are incensed over Indigo and SpiceJet, among others, asking for Rs 200 per boarding pass if a passenger reports to …

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Which Airlines Formed The Star Alliance?

Photo: Vincenzo Pace | Simple Flying Star Alliance Business Type Airline Alliance Date Founded 1997-05-14 CEO Jeffrey Goho Headquarters Location Frankfurt, Germany airlines Aegean Airlines, Air Canada, Air China, Air India, Air New Zealand, All Nippon Airways, Asiana Airlines, Austrian Airlines, Avianca, Brussels Airlines, Copa Airlines, Croatia Airlines, Egyptair, Ethiopian Airlines, EVA Air, LOT Polish …

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Boeing sees sustainable fuel key to reducing emissions as airlines bill hits $1tr

Macro Snapshot — Egypt’s unemployment rate dips to 7.2%; US economic outlook weakens RIYADH: Egypt’s unemployment rate dropped to 7.2 percent in the first quarter, down from 7.4 percent in the previous quarter, the country’s state statistics agency CAPMAS said on Sunday. US economic outlook The US economic outlook has weakened and inflation is set …

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