Airline News

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Allegiant Air Misses Targets Due to Comping Flyers for Cancelled Flights

Allegiant Air's costs soared in the fourth quarter, as bad weather and crew shortages due to the Omicron variant forced it to cancel flights. The airline paid $23 million to passengers to compensate for cancelled flights in the quarter, compared with $4-5 million in compensation it pays in an ordinary year.
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Ryanair Wary of Additional Covid Variants Hitting Summer Recovery

The Omicron variant has spooked Ryanair's usually brash CEO Michael O'Leary. After a disappointing December, he is now uncharacteristically cautious about the summer, which previous forecasts had held would be a blockbuster for the European low-cost carrier.
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Boeing Looks to 2023

What happened to Boeing? One of the most storied companies in the U.S., and one of its largest exporters, now is foundering. Long known for its engineering prowess — it…
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Chinese Airlines Warn of $7 Billion in Losses After Roller Coaster 2021

China'a airlines, by the end of 2020, were flying almost as much as they did in 2019, thanks to the country's strong domestic travel rebound. They expected the same last year, but 2021 was dismal, due to internal travel restrictions stemming from China's strict pandemic policies and frequent lockdowns.
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737 Max Still Tops Boeing’s List of Challenges for 2022

Boeing faces down a myriad of challenges in 2022 from resuming deliveries of its 787 to certifying more models of its bread-and-butter 737 Max. But in the face of adversity, the U.S. planemaker is finding silver linings in its plight and is optimistic about its future.