Airlines

Shareholder activism represents a profound engagement by investors in corporate governance, traditionally aimed at instigating change that drives value improvement within a company. This phenomenon saw a striking instance recently with Elliott Investment Management’s assertive approach towards Southwest Airlines. As an activist investment firm, Elliott holds an 11% stake in Southwest and is seeking to

As we approach 2025, the Caribbean offers a tantalizing promise for growth and transformation in interisland tourism. Historically, this vibrant region has faced numerous impediments: high flight costs, inconvenient layovers, and limited routes have hampered travel between its stunning islands. However, a burgeoning optimism is cultivating the possibility that enhanced connectivity can redefine Caribbean tourism,

In a bold move to modernize its fleet, Delta Airlines is set to introduce an entirely new aircraft interior this fall. The upcoming changes aim not only to refresh the aesthetic appeal of the airline’s cabins but also to create a more comfortable and enjoyable atmosphere for passengers. The new design will debut in fall

Delta Airlines is set to enhance its international offerings with the launch of a new seasonal flight route connecting Minneapolis-St. Paul to Copenhagen, beginning in May. This three-times-a-week service symbolizes a significant expansion by Delta and reflects the growing demand for transatlantic travel. The introduction of this route has been strategically planned following a recent

The recent call to action by Elliott Investment Management signals a pivotal moment for Southwest Airlines. With a strategy that proposes a proxy vote on December 10, Elliott aims to overhaul the airline’s board by proposing a new slate of eight directors while advocating for the removal of the current eight, including chairman Gary Kelly,

Boeing, a titan in the aerospace industry, is navigating turbulent waters as it grapples with substantial financial losses and operational setbacks. With announcements of imminent layoffs affecting approximately 17,000 workers—about 10% of its global workforce—the company is under intense scrutiny from industry analysts, employees, and consumers alike. This article delves into the factors contributing to

Hurricanes pose significant threats to air travel, necessitating extensive preparation and strategic operations management by airlines. The recent events surrounding Hurricane Helene illustrate the complexities and methodologies employed by American Airlines as they navigated the tumultuous weather conditions in late September 2020. This article delves into the intricacies of American Airlines’ operations during the storm,

As the world emerges from the shadow of the COVID-19 pandemic, the travel industry is navigating its new reality, marked by the term “normalization.” This concept encapsulates the deceleration of travel growth—once skyrocketing to extraordinary heights as restrictions eased and borders reopened. At the recent Global Summit hosted by the World Travel & Tourism Council

Delta Air Lines has reported a sharp 30% decline in its operating income for the third quarter, underscoring the severe impact of overcapacity in the industry combined with internal operational failures. The airline’s inability to effectively manage flight schedules, exacerbated by an IT outage in July linked to CrowdStrike, has led to a staggering cancellation

In an exciting development for travel enthusiasts and global explorers alike, United Airlines recently unveiled plans for eight new international routes to be introduced in the summer season. This strategic move not only marks the airline’s foray into new territories, including its inaugural service to Greenland and Mongolia, but also reflects United’s ambition to connect

In an age where seamless travel experiences are increasingly demanded by consumers, SkyTeam, a prominent global airline alliance, is taking decisive steps toward enhancing its service offerings. By forming intermodal partnerships with leading high-speed rail providers Eurostar and Trenitalia, SkyTeam aims to integrate air and rail travel into a single, cohesive journey. This initiative not

The passage of Hurricane Milton through Florida has left significant disruptions in its wake, particularly for the state’s critical air travel infrastructure. As a powerful Category 3 storm making landfall on Siesta Key, just south of Sarasota, Milton wreaked havoc not only on the coastal landscape but also on the operations of several major airports.

Delta Air Lines is making headlines with the grand opening of its second Delta One Lounge at Los Angeles International Airport (LAX) on October 11. Following the successful launch of the first Delta One Lounge at New York’s JFK Airport in June, Delta is elevating its premium offerings further. This new lounge represents a significant

In a notable move to enhance customer loyalty and engagement, American Airlines and Hyatt Hotels are revamping their longstanding partnership program, effective January 1. This strategic realignment spells the conclusion of a practice that allowed members to earn reciprocal points—AAdvantage points for Hyatt hotel stays and vice versa. The shift aims to streamline the loyalty

As Hurricane Milton intensifies into a formidable Category 4 storm, Florida’s west coast braces for significant impact. With its current position just north of the Yucatan Peninsula, Milton is on a trajectory that is expected to bring severe weather to the Tampa Bay area on Wednesday. This looming threat has prompted local airports to initiate

In an aggressive bid to reclaim its foothold in the marketplace, American Airlines has reformed its global sales division after a recent period of re-evaluation and restructuring. The airline has set the date of October 10 to reintroduce its well-received corporate perks program, a move aimed at rebuilding relationships with corporate clients and travel agencies

As Southwest Airlines embarks on a strategic transformation designed to boost revenue and enhance operational efficiency, the airline faces formidable challenges, not least of which is a looming proxy battle with activist investor Elliott Investment Management. The details shared during the recent Investor Day underscore both the airline’s ambitions and the critical tests it faces

On Friday, Spirit Airlines’ stock experienced a significant drop following a report from the Wall Street Journal indicating that the airline may be considering a Chapter 11 bankruptcy filing. This unsettling news comes in the wake of discussions between Spirit and its bondholders regarding the airline’s financial future. Although Spirit Airlines declined to formally comment