Meghna Maharishi

IAG is once again scrapping its plans to acquire Air Europa after it seemed likely that regulators would reject the deal.

If finalized, the rule would ban airlines from charging fees to assign seats to children aged 13 or younger next to their parents or an accompanying adult.

U.S. carriers are halting flights to Tel Aviv after the killing of a Hamas political leader sparked concerns that a war could break out in the region.

Delta CEO Ed Bastian told CNBC that the carrier had “no choice” but to seek damages from CrowdStrike for the outage.

JetBlue’s strategy of cutting unprofitable routes and focusing on its core markets is starting to see returns — the carrier unexpectedly reported a profit in the second quarter.

An appeals court argued that the rule “likely exceeds the DOT’s authority and would irreparably harm airlines.”

American’s profits declined 46% in the second quarter as it reels from a controversial direct selling strategy and an imbalance in domestic seats.

Southwest’s profits decreased by 46% as it looks to make changes to its business model to boost its bottom line.

After days of cancellations and disruptions, Delta CEO Ed Bastian provided a timeline on when the carrier expected to stabilize operations.

As Delta’s meltdown continues for the fifth day, customers and Washington are becoming increasingly frustrated.