The budget airline announced a plan Tuesday that would put it on track to exit its second bankruptcy in less than two years and stay in operation. The arrangement will keep the company alive while shrinking its expenses and operations down to an even smaller size than what it aimed for during its first bankruptcy, which it filed for in November 2024. With financial support from its creditors, Spirit says it plans to emerge from bankruptcy in late spring or early summer. The company plans to keep its core id ...

Despite assurances from President Claudia Sheinbaum and her security minister Monday that Mexico was returning to normal after a weekend of cartel violence, many vacationers to Puerto Vallarta and other cities still faced canceled flights and shelter-in-place warnings.The travel disruptions began Sunday as criminal groups set up blockades, burned vehicles and attacked businesses in retaliation for the capture and killing of Nemesio Oseguera Cervantes, Mexico’s most wanted drug kingpin. Foreign governments i ...

U.S. airlines canceled flights to and from the Mexican cities of Puerto Vallarta and Guadalajara on Monday amid cartel-related violence over the weekend, leaving tourists stranded. ...

Delta Air Lines Inc (NYSE:DAL) and United Airlines Holdings Inc (NASDAQ:UAL)  shares are lower today, as Winter Storm Hernando blasts the East Coast with strong winds and snow. Per FlightAware, more than 5,800 flights were canceled on Monday, and roughly 12,570 were delayed. A spike in oil prices and the Supreme Court's tariff ruling could also be playing a role in today's losses.DAL was last seen down 4% to trade at $66.63, pacing for its worst single-day percentage loss since April. A floor at the $65 lev ...

Airline stocks are taking a hit as a major Northeast snowstorm is leading to thousands of flight cancellations. ...

Core Points - Air India has cancelled all flights to and from New York and Newark on February 24 due to severe blizzard conditions affecting airport operations [1][2] - A powerful winter storm is impacting 41 million people across the US East Coast, with New York City potentially receiving over 20 inches (51 centimeters) of snow [2][3] - The storm is expected to be one of the worst on record for New York City, with significant disruptions to transport networks [2][5] Company Actions - Air India is providing support and assistance to passengers affected by the flight cancellations [2] - The airline has made its 24×7 Call Centre available for passengers seeking information regarding their flight status [2] Industry Impact - Nearly 9,900 flights across the US have been cancelled, primarily affecting New York, Boston, and Philadelphia [6] - Delta Air Lines anticipates suspending operations at major New York airports and Boston Logan International Airport due to the storm [6][7]

U.S. and Canadian airlines canceled flights Sunday to parts of Mexico after Mexican officials said drug lord Nemesio Oseguera, known as "El Mencho," was killed in a military operation, triggering reported clashes in Jalisco state and prompting travel advisories. United Airlines canceled all Sunday flights to Puerto Vallarta and Guadalajara."United Airlines flight operations to/from PVR (Puerto Vallarta) and GDL (Guadalajara) are canceled today," United Airlines said in a statement to FOX Business. Southwest ...

Delta Air Lines Inc. said it expects to suspend operations at New York’s LaGuardia and John F. Kennedy International airports as well as Boston Logan International Airport into Tuesday as a major blizzard heads for the region.“The storm is also creating broader disruptions along the East Coast, and customers may experience additional schedule adjustments as the system moves through the region,” Delta said in a statement Sunday.More than 8,500 flights have been canceled through Tuesday, according to tracking ...

It has been about a month since the last earnings report for United Airlines (UAL) . Shares have added about 5.4% in that time frame, outperforming the S&P 500.But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is United due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts.Earnings Beat in ...

Core Viewpoint - Flight attendants at American Airlines are planning a protest to demand accountability and leadership changes, particularly targeting CEO Robert Isom, amid operational and financial challenges faced by the airline [1][2][3]. Group 1: Employee Dissatisfaction and Leadership Accountability - The Association of Professional Flight Attendants, representing 28,000 flight attendants, has expressed that the time for excuses is over and is calling for better operational support and a change in leadership [1][2]. - Flight attendants are dissatisfied with Isom's leadership due to ongoing operational challenges and financial struggles, which have led to a vote of no confidence [3]. - The Allied Pilots Association, representing around 16,000 pilots, has also raised concerns about leadership and the airline's performance, seeking a meeting with the board of directors [4]. Group 2: Operational Challenges and Financial Impact - American Airlines faced significant operational disruptions due to a recent winter storm, resulting in over 9,000 flight cancellations, which Isom noted affected the airline more severely than competitors [8][12]. - The airline's operational difficulties have been attributed to inadequate preparations for the storm, leading to long delays for crew members in receiving updated assignments and accommodations [6][10][11]. - The financial impact of the storm is estimated to reduce revenue by $150 million to $200 million, highlighting the airline's struggles in maintaining operational efficiency [12]. Group 3: Strategic Initiatives and Future Outlook - Despite recent challenges, American Airlines is focusing on expanding its premium offerings and has projected strong growth for 2026, with adjusted earnings per share expected between $1.70 and $2.70 [15][16]. - The airline reported record fourth-quarter revenue of $14 billion, contributing to a total annual revenue of $54.6 billion, its highest on record [16]. - Isom emphasized the airline's commitment to improving customer experience through investments in services such as free Wi-Fi and cabin upgrades, as well as a new terminal at Dallas Fort Worth International Airport [17].