Spirit Airlines Lowers Outlook, Cites Weaker Revenue From Fees
The ultra-low-cost carrier lowered its revenue outlook for the second quarter, blaming softer ancillary sales.
Meghna Maharishi is Skift’s Airline Reporter, where she covers everything from loyalty programs to policy-making in Washington, D.C. She previously covered the airline industry at The Points Guy, worked on the investigative desk at CNBC, and did data visualization at CNN Politics. Send tips to Meghna on Signal at mmaharishi.61.
United Flight Attendants Plan to Vote on Strike Authorization as Tensions Rise
United flight attendants are the latest to consider a vote to authorize a strike as frustrations over stagnant pay and working conditions continue to mount.
A Lump Sum and Flight Benefits: American Airlines Posts Severance Package for Former Exec Vasu Raja
Vasu Raja’s severance package includes a payout of his base salary until January 31, 2025 and flight benefits. He’s also eligible to receive a lump sum payout of $968,750 after the severance period ends.
Air Taxis to LAX? Southwest in Deal With Archer Aviation
The partnership between Southwest and Archer Aviation will bring eVTOLs to California airports, but the timeline is currently unclear.
Lufthansa Group Cuts Outlook as Flagship Carrier Struggles to Break Even
The Lufthansa Group lowered its outlook for 2024 due to negative market trends — particularly in Asia — and aircraft delivery delays that have afflicted most of the industry.
Delta Falls Short of Expectations as It Grapples With Seating Surplus
Delta, which has consistently been one of the most profitable U.S. airlines, slightly underperformed in the second quarter, partly due to an oversupply of domestic seats. That could signal trouble for domestic carriers this summer.
Riyadh Air Inks Partnership With Delta. Plus CEO Tony Douglas on Global Ambitions
The partnership is one of the most notable for the Saudi Arabian startup, which is looking to launch its first flights next year.
Elliott Calls Southwest’s Board ‘Profoundly Out of Touch’ as Activist Campaign Heats Up
The hedge fund claims it now has multiple allies that support a leadership overhaul at Southwest.
Southwest Adds IndiGo Co-Founder to Board in Latest Line of Defense Against Elliott
Gangwal’s appointment comes after activist investor Elliott criticized the airline’s board for not having enough directors with external airline experience.
Boeing Pleads Guilty: 3 Takeaways From Its Deal With the DOJ
The plea deal with the DOJ would mandate that Boeing pay more fines and install an independent monitor to oversee its quality control and production processes.