Airline+Industry

Latvia's national airline has filed for Chapter 11 bankruptcy to restructure its liabilities. The company has secured a new financing commitment of €350 million

IATA says 17% of travelers fail to buy airline extras after payment issues, urging carriers to modernize payment strategies as the industry moves toward Modern Airline Retailing

A new report reveals that each mishandled bag costs airlines an average of $260. Collaborations with Apple and Google dramatically help find luggage

Sun Phu Quoc Airways has announced the launch of a new international route between Phu Quoc Island in Vietnam and Bangkok in Thailand

The global airline industry is set to see profits cut in half in 2026, according to IATA, as Middle East disruptions and surging fuel prices sharply increase costs and squeeze margins worldwide

Rising jet fuel prices, airline route cuts, and growing concerns about fuel supplies are creating fresh uncertainty for Europe’s busy summer travel season just as tourism demand reaches record highs

The "highest quality accolade": Korean Air remains among the world’s top airlines with a sixth consecutive 5-Star rating from Skytrax

The American airline is reporting a sharp increase in revenue and improved profitability, while adjusting flight capacity in response to the fuel crisis and showing a particularly impressive punctuality rate. United CEO: "Moments of uncertainty for the airline industry may also create opportunity for United"

Airbus trials AI-powered catering with Virgin Atlantic to reduce onboard food waste and improve efficiency. Roughly 20% of the waste comes from untouched food and beverages

March quarter: Delta posts higher earnings and record revenue, but rising fuel costs weigh on margins as the airline trims growth. "We delivered earnings that were more than 40 percent higher than last year, even with a significant increase in fuel costs and operational disruptions across the industry"