ToplineAir Canada and its unionized flight attendants reached a tentative contract deal early Tuesday, which could end a strike that forced the airline to suspend flights impacting half a million passengers. Air Canada will resume operations after it agreed to a tentative deal with its unionized flight attendants, who began striking on Saturday.Copyright 2022 The Associated Press. All rights reserved.Key FactsThe Canadian Union of Public Employees, which represents the 10,000 striking workers, issued a stat ...

Air Canada flight attendants are going back to work after agreeing to a deal that ends a tense strike that led to over 2,700 flights being canceled. After negotiations restarted Monday night, the union announced early Tuesday that it had reached a tentative agreement after mediation had concluded.It added that the union worked through the night, from 7 p.m. to 4:23 a.m. The Air Canada Component of the Canadian Union of Public Employees (CUPE) represents over 10,000 cabin crew members at the flag carrier a ...

Core Points - Air Canada flight attendants are on strike, leading to the grounding of most of the airline's 700 daily flights and stranding over 100,000 passengers [1][2][9] - The Canadian Union of Public Employees (CUPE) is demanding better pay and working conditions, particularly full compensation for unpaid ground time [5][8][12] - Air Canada has proposed a compensation package that includes a 38% overall increase over four years, but the union argues that the offer does not adequately address ground duty pay [12][15][16] Summary by Category Strike and Impact - The strike began shortly after 1 a.m. on Saturday, resulting in the cancellation of approximately 240 flights scheduled for Sunday afternoon [1][2] - The airline had to delay its service restart plans due to the ongoing strike [2][9] Union Demands - CUPE represents over 10,000 flight attendants and is advocating for full pay during boarding, deplaning, and ground delays, which they currently do not receive [5][8] - The union claims that the strike is a response to Air Canada's practice of requiring employees to work unpaid hours [9][12] Government Intervention - The Canadian government intervened by asking the Canadian Industrial Relations Board (CIRB) to impose binding arbitration, which the union opposed [6][8] - The government has the option to seek a court order to enforce compliance with the CIRB's order [8] Compensation Proposal - Air Canada's proposal includes a 12% to 16% increase in hourly rates, with senior flight attendants potentially earning an average of 87,000 Canadian dollars ($63,000 U.S.) by 2027 [16] - The airline claims that its compensation package would make its flight attendants the best compensated in Canada, with hourly rates rising to 94 Canadian dollars ($69 U.S.) in the first year [15][16]

Core Viewpoint - United Airlines has shown an 8.7% increase in share price since the last earnings report, outperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1] Financial Performance - In Q2 2025, United Airlines reported adjusted earnings per share (EPS) of $3.87, beating the Zacks Consensus Estimate by $0.01, but reflecting a 6.5% decline year-over-year [2] - Operating revenues reached $15.2 billion, falling short of the Zacks Consensus Estimate of $15.4 billion, but showing a 1.7% year-over-year increase [3] - Passenger revenues, which constituted 90.8% of total revenues, increased by 1.1% year-over-year to $13.8 billion, with 46,186 passengers transported, up 4.1% year-over-year [3][4] - Cargo revenues grew by 3.8% year-over-year to $430 million, while revenues from other sources rose by 8.8% year-over-year to $970 million [3][4] Operational Metrics - Airline traffic, measured in revenue passenger miles, increased by 4.5%, while capacity, measured in available seat miles, expanded by 5.9%, leading to a consolidated load factor decline of 1.1 points year-over-year to 83.1% [6] - Consolidated passenger revenue per available seat mile decreased by 4.5% year-over-year, and total revenue per available seat mile fell by 4% year-over-year [7] Cost and Expenses - Operating expenses increased by 6.5% year-over-year to $13.9 billion, with consolidated unit cost per available seat mile (excluding certain expenses) rising by 2.2% year-over-year to 12.36 cents [8] Cash Flow and Debt - United Airlines ended Q2 with cash and cash equivalents of $9.35 billion, slightly down from $9.37 billion in the previous quarter, while long-term debt decreased from $24.4 billion to $20.8 billion [9] - The company repurchased $0.2 billion of shares in Q2 2025 and generated $1.13 billion in free cash flow during the quarter [9] Future Outlook - United Airlines anticipates reduced geopolitical and macroeconomic uncertainty in the second half of 2025, with a projected adjusted EPS for Q3 2025 between $2.25 and $2.75 [10] - For the full year 2025, the company expects adjusted EPS between $9.00 and $11.00, a revision from previous guidance [11] Market Position - United Airlines has a VGM Score of A, indicating strong value, but a lower momentum score of D, suggesting mixed performance in different investment strategies [13] - The stock currently holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [14]

LAS VEGAS, Aug. 12, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced five new nonstop routes connecting eight cities nationwide, including new service to Huntsville, Alabama via Huntsville International Airport (HSV). To celebrate, the company is offering one-way fares on the new routes as low as $39.*The new routes, launching later this year and in early 2026, will provide convenient, nonstop service between these cities and expand Allegiant's growing presence in popular leisure ...

1 01 Highlights 02 Financial results 03 CEO update Highlights Questions to ir@flyplay.com HIGHLIGHTS PLAY PLAY at a glance KEF operation Q2 20251) Passengers 521 83.2% 442 361 336 286 Load factor Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 8 aircraft in operation TO 91.3% 31% FROM (39% On-time performance 29% VIA 2) Scheduled operations during Q2 2025 Split of passengers flying FROM, TO and VIA Iceland 4 HIGHLIGHTS PLAY PLAY at a glance ACMI operation Q2 20251) Operational bases: On-time performance Chisinău, Moldova 88. ...

American Airlines is reviving some of its pre-pandemic destinations like Prague and Budapest, Hungary, as international travel continues to hold up better than domestic demand.Other additions include its first-ever Dallas Fort Worth International flights to Athens, Greece, and year-round nonstop service between Miami and Milan.American is also extending service for next year's World Cup, from Buenos Aires, Argentina, to Dallas and between Dallas and Zurich, where soccer's governing body, FIFA, is based,. Th ...

Core Points - United Airlines faced significant operational disruptions due to a technology issue, leading to delays for thousands of passengers [1][5] - The Federal Aviation Administration (FAA) issued ground stops at several major airports, including Denver, Newark, Houston, and Chicago, specifically affecting United Airlines flights [2][3] - The technology disruption was resolved, but residual delays were expected as the airline worked to restore normal operations [2][3] Industry Context - This incident follows a series of IT problems in the aviation sector, including a recent issue with Alaska Airlines that grounded flights for several hours [4] - The aviation industry has faced multiple challenges this year, including air traffic control system failures and a tragic mid-air collision near Washington, raising concerns about operational reliability [4]

Core Points - United Airlines experienced a significant disruption due to a "technology issue" that led to a ground stop for flights at major U.S. airports, resulting in hundreds of delays and several dozen cancellations [1][2] - The airline has resolved the technology issue but continues to face residual delays as it works to restore normal operations [3][4] Impact on Operations - Nearly 1,100 United Airlines flights were delayed on the day of the incident, accounting for 35% of the carrier's scheduled flights, with an additional 157 flights canceled [5] - The residual effects of the ground stop extended into the following day, with 70 flights canceled and 79 delayed on Thursday [5] Response and Support - The Federal Aviation Administration (FAA) acknowledged the technology issue and offered support to help United address the flight backlog [4] - United Airlines is treating all delays related to the technology issue as preventable, which means the airline will cover expenses incurred by affected passengers, such as hotel accommodations if necessary [4]

Group 1 - Alaska Airlines is expanding its global reach by starting new flights from Seattle to London and Reykjavik, Iceland, in May [1] - The airline will operate daily flights between Seattle and London's Heathrow Airport using Boeing 787-9 Dreamliners, targeting both business and leisure travelers [1] - Seasonal service from Seattle to Reykjavik will be provided by a 737 Max 8 during spring and summer [1] Group 2 - In June, Alaska Airlines announced plans to initiate nonstop flights between Seattle and Rome next year [2] - Delta Air Lines, a competitor, also revealed plans to offer flights between Seattle and Rome, as well as Barcelona [2]