Techno Blender
Digitally Yours.
Browsing Tag

American Airlines Group Inc

Upstart airlines Avelo, Breeze prepare for a profitable year

The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021.Patrick T. Fallon | AFP | Getty ImagesIn the nearly four years since the Covid-19 pandemic upended air travel, the largest U.S. airlines have returned to profitability. The CEOs of two upstart airlines that launched in the middle of the pandemic say they're about to join them.Avelo and Breeze Airways, two low-cost carriers that debuted in 2021 when…

Why airlines are raising baggage fees and charging more at the airport

Travelers arrive for flights at O'Hare International Airport in Chicago on March 16, 2021.Scott Olson | Getty Images News | Getty ImagesAirlines are raising their prices to check a bag — again. Just how much you it will cost you, however, depends on when you pay for the service.United Airlines, American Airlines and JetBlue Airways are among the carriers that have raised the price to check bags this year. Each of them charge customers more if they check their bags at the airport or close to their departure compared with…

United Airlines raises checked bag fee, following American

United Airlines planes at Denver International Airport.Leslie Josephs | CNBCUnited Airlines is raising the price to check bags, becoming the latest carrier this year to hike a fee that generated more than $5 billion for airlines in the first nine months of 2023 alone.United economy passengers who book domestic tickets starting Feb. 24 will pay $40 for a first checked bag, or $35 if they prepay online at least 24 hours before their flight, an increase of $5. A second checked bag will cost $50 at the airport, or $45 in…

American Airlines raises bag fees, limits miles for travel agency bookings

An American Airlines plane sits at the gate at Cancun International Airport on May 26, 2023.Daniel Slim | AFP | Getty ImagesAmerican Airlines has raised the price to check a bag for the first time in more than five years and said it would limit which travel agency bookings are eligible to earn frequent flyer miles.Passengers will pay $35 to check a first bag for domestic flights if the service is booked online in advance, or $40 if they purchase the option at the airport, the carrier said Tuesday. Both options previously…

Flights attendants push airlines for higher wages

CHICAGO, ILLINOIS - JANUARY 24: American Airlines workers picket at O'Hare International Airport on January 24, 2023 in Chicago, Illinois. The workers, mostly flight attendants with the Association of Professional Flight Attendants (APFA), were picketing to demand better working conditions as their contract negotiations continue. (Photo by Scott Olson/Getty Images)Scott Olson | Getty Images News | Getty ImagesAirline pilots won pay raises worth billions of dollars in new labor deals last year. Flight attendants are now…

JetBlue resets with new CEO Joanna Geraghty, airline veterans

A JetBlue Airways plane prepares to depart New York's LaGuardia Airport.Leslie Josephs/CNBCIn the 24 years since JetBlue Airways' first flight, the New York-based airline has pushed the envelope for a carrier of its size. Now, with some veteran executive hires and cost-cutting, it's trying to get back to basics.JetBlue was a pioneer in seat-back entertainment, free Wi-Fi, good snacks and a business-class cabin with lie-flat seats that debuted at lower prices than rivals'. More recently, it's ventured across the Atlantic…

Delta to open new tier of premium airport lounges this year

Delta's new Sky Club airport lounge at New York's John F. Kennedy International Airport.Leslie Josephs/CNBCDelta Air Lines' popular airport lounges are getting a more exclusive tier, in the airline's latest push to cater to high-spending travelers.The first "premium" lounge is scheduled to open in June at New York's John F. Kennedy International Airport, and at 38,000 square feet, it will be the largest of the carrier's lounges, Delta said on Thursday. Other high-end Delta lounges will open in Boston and Los Angeles later…

American Airlines (AAL) Q4 2023 earnings

Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto | Getty ImagesAmerican Airlines on Thursday posted a $19 million profit for the last three months of 2023, topping Wall Street estimates on the top and bottom lines.Shares of the company popped around 7% Thursday morning.Here's how American performed in the last quarter of 2023 compared to Wall Street estimates compiled by LSEG, formerly known as Refinitiv:Earnings per share:…

Airline stocks rise as United kicks off busy earnings week

Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty ImagesUnited Airlines shares rose about 4% Tuesday after the company reported higher-than-expected earnings and revenue for the fourth quarter.The carrier hit its full-year adjusted earnings target of between $10 and $12 a share in 2023 and said bookings so far in 2024 have been solid.The report kicks off a busy week of airline earnings reports, with quarterly updates from…

United Airlines (UAL) Q4 2023 earnings

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California.Justin Sullivan | Getty ImagesUnited Airlines on Monday forecast a first-quarter loss due to the FAA grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska Airlines flight operated with that type of aircraft.United expects to post an adjusted loss of between 35 cents and 85 cents a share for the first three months of the year. The forecast is the first…