IATA AGM 2026: Airline Margins Halve Amid Fuel Price Surge
Global airline profit margins are forecast to shrink to 2.0% in 2026 as jet fuel prices surge 70%, heightening concerns for regional route viability.
Jun 8, 20264 min
Business
Riyadh Air Receives First 787s Ahead of July 1 Launch
Riyadh Air took delivery of its first two Boeing 787-9s ahead of its July 1, 2026, commercial launch between Riyadh and London Heathrow.
Jun 6, 20264 min
Airlines
KLM and Lufthansa Adjust Operations Amid Jet Fuel Crisis
KLM and Lufthansa are cutting flights as the European jet fuel crisis forces capacity reductions and the permanent closure of Lufthansa CityLine.
May 26, 20264 min
Business
United Airlines Expands Japan Service With Two New Routes
United Airlines will launch new nonstop service from San Francisco to Sapporo and add a daily flight from Chicago to Tokyo-Narita in late 2026.
May 25, 20263 min
Airlines
Spirit Airlines Liquidation: $1.61 Loss Per Dollar Revenue
Spirit Airlines ceased operations after an operating loss of $1.61 per dollar earned and a failed $500 million federal bailout request.
May 23, 20264 min
Business
Riyadh Air Opens Ticket Sales for London 787-9 Flights
Riyadh Air has opened ticket sales for its new Riyadh to London Heathrow route, launching commercial service on July 1, 2026, using Boeing 787-9 jets.
May 21, 20264 min
Airlines
Scoot Orders 11 More Airbus A320neos for Fleet Renewal
Scoot, Singapore Airlines' low-cost arm, ordered 11 more Airbus A320neos for delivery from 2028 to support network growth and replace older jets.
May 7, 20264 min
Airlines
Spirit Airlines Shuts Down; Major Carriers Offer Rescue Fares
Spirit Airlines ceased all operations on May 2, 2026, prompting major US carriers to offer rescue fares to stranded passengers with DOT coordination.
May 3, 20265 min
Business
Airbus Targets June to Realign Production After Q1 Delivery Dip
Airbus aims to resynchronize aircraft production and deliveries by June after quality and administrative issues severely impacted its Q1 2026 financials.
May 1, 20265 min
Manufacturing
Delta SkyMiles Valued at $31.8B, Tops Global Loyalty Program Rankings
Delta's SkyMiles program is now the world's most valuable at $31.8 billion, highlighting the growing financial power of airline loyalty schemes.
Mar 31, 20264 min
Business
XCF Global: Mideast Conflict Highlights US Aviation Fuel Vulnerability
XCF Global states recent jet fuel price spikes due to Mideast conflict underscore the urgent case for expanding domestic sustainable aviation fuel...
Mar 26, 20265 min
Business
Spirit Airlines FLL Operations Collapse Amid Bankruptcy and Travel Chaos
Spirit Airlines' Fort Lauderdale hub collapsed during Spring Break, stranding thousands amid its Chapter 11 bankruptcy and federal staff shortages.
Mar 18, 20265 min
Business
Royal Air Philippines Ceases Operations, Enters Liquidation
Royal Air Philippines has entered administration, canceling approximately 4,000 flights and ceasing all operations amid severe declines in passenger traffic.
Mar 17, 20264 min
Business