Berkshire Raises Delta Stake to 57.3 Million Shares
Berkshire Hathaway increased its stake in Delta Air Lines by 44% to 57.3 million shares, reversing Warren Buffett's historic aversion to the sector.
Aug 17, 20265 min
Airlines
IATA Forecasts $4.3 Billion Loss for Middle East Airlines
IATA projects Middle Eastern airlines will record a $4.3 billion net loss due to regional conflict and widespread airspace closures.
Aug 17, 20265 min
Airlines
Delta Faces 3,300-Pilot Class Action Over Military Pay
Delta pilots secured class certification in a lawsuit representing 3,300 aviators over unpaid military leave.
Aug 16, 20266 min
Airlines
FAA Proposes A320 Nose Gear Inspections Over Cracking
The FAA proposed an airworthiness directive for U.S. Airbus A320 jets to inspect nose gear sliding tubes for cracks, with comments due September 28.
Aug 14, 20264 min
Regulatory
American Airlines Reshapes Board to Close Profit Gap
American Airlines launched a major executive overhaul to close a profitability gap after posting a Q2 net income of just $71 million.
Aug 13, 20266 min
Airlines
Copa Q2 Profit Falls 53.9% to $68.2 Million
Copa Holdings reported a 53.9% drop in second-quarter net profit to $68.2 million as a surge in jet fuel prices offset strong revenue growth.
Aug 13, 20265 min
Airlines
Cathay Pacific Net Profit Soars 71% to HK$6.24 Billion
Cathay Pacific reported a 71% surge in first-half profit to HK$6.24 billion, driven by strong passenger demand despite rising jet fuel costs.
Aug 6, 20265 min
Airlines
Airbus Reaffirms 2026 Target to Deliver 870 Aircraft
Airbus firmed up its full-year guidance to deliver approximately 870 commercial aircraft in 2026 to address its massive backlog of 9,222 jets.
Aug 6, 20265 min
Manufacturing
Norse Atlantic Explores Sale Amid Fleet Restructuring
Norse Atlantic Airways is exploring a sale or merger after terminating its wet-lease deal with IndiGo, returning six Boeing 787s to its fleet.
Aug 5, 20265 min
Airlines
Delta Outpaces Advance Auto Parts With $5B Net Income
Delta outpaced AAP in 2025 with $5.0 billion in net income, highlighting the divergence between premium aviation and retail automotive turnarounds.
Aug 4, 20266 min
Airlines
WestJet Strike Grounds 615 Flights in Canada
A WestJet flight attendant strike grounded 615 flights in Canada, disrupting travel for approximately 250,000 passengers over a holiday weekend.
Aug 3, 20265 min
Airlines
WestJet Reaches Tentative Deal to End Strike
WestJet and CUPE reached a tentative deal to end a flight attendant strike that disrupted travel for 225,000 passengers over the long weekend.
Aug 3, 20266 min
Airlines
Ryanair Profits Fall 34% to €538 Million
Ryanair reported a 34% drop in quarterly profit after tax to €538 million as rising fuel costs offset record passenger growth.
Jul 21, 20266 min
Airlines
GE Aerospace Raises 2026 Guidance Amid Fuel Shock
GE Aerospace raised its 2026 EPS guidance to up to $7.85 as a 72% jet fuel price spike forces airlines to keep repairing older engine fleets.
Jul 16, 20264 min
AI illustrationManufacturing
British Airways Increases India Flights to 70 Weekly
British Airways will increase its weekly flights to India to 70 this winter, capitalizing on the newly implemented UK-India trade agreement.
Jul 16, 20265 min
Airlines
Israel Extends Dubai Flight Ban Through October 2026
Israel has extended its ban on flights to the UAE until October 2026 as international airlines suspend operations amid regional geopolitical tensions.
Jul 14, 20264 min
Safety
FAA Extends O'Hare Flight Caps Through October 2027
The FAA has extended flight limits at Chicago O'Hare to 2,708 daily operations through October 30, 2027, to mitigate ongoing congestion and delays.
Jul 11, 20263 min
Regulatory
Delta Launches Basic Business, Premium Basic Fare Tiers
Delta Air Lines has introduced new unbundled fare tiers for its premium cabins, offering lower price points with reduced perks and benefits.
Jul 9, 20263 min
Airlines
Middle East Tourism Targets India for Post-Conflict Growth
Gulf tourism boards are aggressively expanding Indian outbound travel and flight capacity to offset regional instability and boost visitor numbers.
Jul 6, 20263 min
Airlines
Airlines Slash Capacity Amid Fuel Costs and Delivery Delays
Airlines are cutting capacity and suspending routes in 2026 as surging fuel costs and OEM delivery delays force significant operational adjustments.
Jul 6, 20264 min
Business