Business

American Airlines CEO to step down in March

Veteran American Airlines Chief Executive Doug Parker plans to step down in March and will be succeeded by his deputy, Robert Isom, the carrier announced Tuesday.

Business

Airline giant IAG slashes losses on COVID recovery

British Airways owner IAG said Friday that its bottom-line loss shrank sharply in the third quarter, as Covid travel curbs were lifted, and expressed hope for a return to profit next year.

Business

Flying green will be more expensive

Under huge pressure to go green, the aviation industry needs to spend billions of dollars to become more climate-friendly in what risks ramping up fares and making air travel the preserve of the rich once again.

Business

United Airlines scores 3Q profit as more travel returns

An improvement in customer travel levels helped United Airlines report a profit in the third quarter on Tuesday even as it pointed to higher jet fuel costs as the latest challenge facing the industry.

Business

Australian watchdog blocks Qantas-Japan Airlines deal

Australia's competition regulator on Monday definitively blocked a pricing, code-sharing and scheduling deal between Qantas and Japan Airlines, saying the arrangement would hurt consumers.

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