U.S. travel stocks took an initial hit on Dec 27, but recovered most of the losses on Dec. 28, amid a surge in Omicron cases that is affecting the airline, casino, and cruise industries. A spike in Omicron cases, staff shortages at airlines, and weather-related problems forced the latest round of massive flight cancellations, leaving travelers stranded across…
Ethiopian Airlines to Resume Using Boeing 737 MAX Planes in February
ADDIS ABABA—Ethiopian Airlines plans to resume flying Boeing 737 MAX planes on its fleet in February 2022, saying it was satisfied with their safety, its chief executive said on Monday. In 2019, Ethiopian Airlines flight 302, a Boeing 737 MAX bound for Kenya, crashed six minutes after takeoff from Ethiopia’s capital Addis Ababa, killing all…
Airlines Across US Continue to Cancel, Delay Hundreds of Christmas Holiday Flights Amid Omicron Surge
Airlines across the United States continued to cancel hundreds of Christmas holiday flights on Sunday amid the nationwide surge in Omicron cases which has also impacted employees and flight crew. Delta Air Lines, United Airlines, American Airlines, JetBlue Airways, and Alaska Airlines are all reported hundreds of canceled or delayed flights at a time when more than 109 million…
Airlines Cancel Flights Due to COVID-19 Staffing Shortages
December 24, 2021
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NEW YORK—Airlines canceled hundreds of flights as the Omicron variant jumbled schedules and drew down staffing levels at some carriers during the busy holiday travel season. Delta Air Lines and United Airlines together canceled more than 600 flights on Friday and Saturday. As of early evening Friday, Delta canceled had 149 flights on Friday and…
Multiple Airlines Cancel Hundreds of Flights on Christmas Eve, Citing Omicron Surge
Multiple airlines across the United States canceled hundreds of flights on Christmas eve, citing a nationwide surge in Omicron cases which has directly impacted employees and flight crew. The cancellations come as more than 109 million Americans are expected to travel 50 miles or more via airplanes and other forms of transportation to visit friends and family…
Hundreds of Flights Canceled on Christmas Eve Due to Omicron Surge, Inclement Weather
Multiple airlines across the United States canceled hundreds of flights on Christmas eve, citing a nationwide surge in Omicron cases which has directly impacted employees and flight crew. The cancellations come as more than 109 million Americans are expected to travel 50 miles or more via airplanes and other forms of transportation to visit friends and family…
Australian Airlines Campaign Against Abusive ‘Carry-On Behaviour’
Australia’s major airlines have voluntarily signed up to a new Code of Practice on Passenger Behaviour after reporting increased disruptive and abusive behaviour towards airport and flight crew in the wake of “ever changing” vaccine and protective mask mandates. Airlines Qantas, Jetstar, Virgin Australia, and Rex have jointly announced the new code of practice along with…
US Travel Stocks Jump as New Vaccine Data Eases Omicron Fears
U.S. travel and leisure stocks surged on Wednesday after BioNtech SE and Pfizer Inc. said a three-shot course of their COVID-19 vaccine was able to neutralize the new Omicron variant. Shares of U.S. airlines—including Delta Air Lines Inc., United Airlines Holdings Inc., American Airlines Group Inc., and Southwest Airlines Co.—rose between 0.95 percent and 2.26…
Southwest Expects to Be Profitable in Fourth Quarter on Stronger Travel Demand
December 8, 2021
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Southwest Airlines said on Wednesday that it was expecting to be profitable in the fourth quarter on the back of stronger travel demand and fares. It had previously forecast a loss for the quarter, citing mounting costs. The Texas-based carrier, which has had to cancel flights en masse partly due to staff shortages, said it…
American Airlines Taps President Isom as Next CEO
December 7, 2021
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American Airlines Group Inc. CEO Doug Parker will hand over the reins of the No. 1 U.S. airline to president Robert Isom on March 31, the company said on Tuesday, sending its shares up more than 3 percent before the bell. Parker will continue as chairman, while Isom will join the carrier’s board after he…
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