Southwest Airlines Co. warned Friday that it expects to report a surprise net loss for the fourth quarter, because of the costs associated with all the flights it canceled in Read more
Tag: Low Cost Airlines
Southwest Airlines cancels another 2,300 flights with schedule in chaos
Southwest Airlines continued to extract itself from sustained scheduling chaos Thursday, cancelling another 2,350 flights after a winter storm overwhelmed its operations days ago. The Dallas carrier acknowledged it has Read more
Southwest Airlines flight cancellations continue to snowball
Families hoping to catch a Southwest Airlines flight after days of cancellations, missing luggage and missed family connections suffered through another wave of scrubbed flights, with another 2,500 pulled from Read more
Southwest’s widespread flight cancellations to be probed by Transportation Department
The U.S. Department of Transportation said it will look into flight cancellations by Southwest Airlines that have left travelers stranded at airports across the country amid an intense winter storm Read more
Southwest Airlines cancels two-thirds of its flights, with more cancellations planned
Southwest Airlines Co. canceled more than two-thirds of its flights Monday and plans to slash its schedules Tuesday and Wednesday, in a meltdown that stranded thousands of customers and that worsened while other airlines Read more
Ryanair swings to net profit as revenue soars, but says rest of year looks fragile
Ryanair Holdings PLC said Monday that it swung to a net profit for the first half of fiscal 2023 as traffic recovered strongly in the period, but that recovery for Read more
Norwegian Air Shuttle net profit boosted by pent-up summer demand
Norwegian Air Shuttle ASA on Wednesday reported a forecast-beating rise in third-quarter net profit after seeing strong pent-up demand during the peak summer travel season. The low-cost carrier NAS, +8.56% Read more
Airport and airline workers speak out worldwide about ‘ridiculous’ conditions
Airport and airline workers staged demonstrations at airports across the U.S. and abroad Tuesday, protesting what they described as disorganized operations that have not built back up since staffing levels Read more
Here’s why Frontier stock is rallying 20% on the day that JetBlue and Spirit agree to merge
JetBlue Airways Corp. may have won the tug-of-war for ultra low-cost Spirit Airlines Inc., but investors are seeing plenty of upside for Frontier Group Holdings Inc., with shares of the Read more
Spirit ends merger deal with Frontier, will continue talks with JetBlue
Spirit Airlines Inc. said late Wednesday it has ended its merger agreement with Frontier Group Holdings Inc. and will continue “discussions” with JetBlue Airways Corp., which doggedly pursued the ultra Read more
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