Tag Archives: Airlines

FedEx (FDX) earnings Q2 2023

[ad_1] FedEx Cargo Plane Leslie Josephs | CNBC FedEx‘s said Tuesday that its quarterly earnings and sales fell from a year ago and warned of ongoing weakened demand, but said its “aggressive” cost-cutting measures were softening the blow. The package delivery giant posted sales of $22.8 billion in the three …

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American Airlines is dropping regional carrier Mesa, citing financial and operational problems

[ad_1] American Eagle Bombardier CRJ-900ER aircraft seen at Phoenix Sky Harbor International Airport. Alex Tai | SOPA | Getty Images American Airlines is dropping Mesa Air, citing concerns about its partner’s financial and operational problems, an enormous blow to the regional airline that was struggling with increasing costs and the industry’s pilot …

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Delta 2023 earnings forecast sees ‘robust’ travel demand

[ad_1] Delta Air Lines Airbus A330-300 landing at Athens International Airport AIA ,LGAV / ATH Eleftherios Venizelos, with registration N806NW, a former Northwest Airlines Airplane. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines says the travel boom isn’t over. The airline expects its adjusted earnings to nearly double …

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United Airlines places Boeing order for 100 Dreamliners

[ad_1] United Airlines is buying 100 Boeing 787 Dreamliners with the option to purchase 100 more new jets that will fly its longest routes and replace less fuel-efficient, decades-old planes. The massive order is a big boost for Boeing from one of its largest customers and comes as United has returned to …

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Hotel prices, airfare decline as travel demand cools

[ad_1] The pool at Turtle Bay Resort on Oahu’s North Shore. Amanda Macias | CNBC Consumer prices for hotels, motels and other lodging dropped nearly 5% in November from October, according to the latest government inflation report, a sign that soaring travel demand has lost some momentum from the summer. …

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