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Aviation Industry

All articles tagged with #aviation industry

Labor unions push for leadership shake-up at American Airlines amid profit slump
business9 days ago

Labor unions push for leadership shake-up at American Airlines amid profit slump

Two major American Airlines unions are pressuring CEO Robert Isom and the board to oust leadership after the carrier posted a modest $0.4 billion profit in 2025 and faced significant weather-related cancellations, including protests outside Fort Worth. While rivals Delta and United posted much larger profits, American is pursuing revenue boosts from paid luxuries and premium services as industry-wide headwinds persist, such as storms and slower aircraft production.

Russia’s Half-Price Domodedovo Sale Signals Isolation and Asset Nationalization
world1 month ago

Russia’s Half-Price Domodedovo Sale Signals Isolation and Asset Nationalization

Russia seized and sold Domodedovo airport for about half its asking price, with Sheremetyevo winning the auction at roughly $880 million. The deal highlights a Kremlin-led wave of asset nationalizations amid Western sanctions and a weakened economy, underscoring Russia’s growing international isolation and depressed aviation traffic.

Sweden's Flight Shaming Backfires as Airlines Return
world7 months ago

Sweden's Flight Shaming Backfires as Airlines Return

Sweden, the birthplace of 'flight shaming' led by Greta Thunberg, has abolished its air tax to revive its struggling aviation sector, a move criticized by environmentalists and seen as a setback for climate efforts. The decision follows economic recession and increased airline activity, with airlines welcoming the change. This U-turn highlights the tension between environmental goals and economic and regional connectivity, amid similar debates in other European countries about taxing or restricting short-haul flights.

U.S. Tariffs on Aircraft Threaten Airline Safety and Supply Chains
business8 months ago

U.S. Tariffs on Aircraft Threaten Airline Safety and Supply Chains

Delta Air Lines warned that tariffs on imported airplanes and parts could force the airline to cancel orders and stop buying foreign-made planes, potentially impacting flights serving 10 million customers annually and harming U.S. aircraft manufacturing. The airline's concerns are part of a broader industry warning about the risks tariffs pose to aviation safety and the supply chain, amid ongoing investigations into national security threats from imported aerospace goods.

transportation1 year ago

US Airlines Achieve Two Light-Years of Safe Passenger Travel

US airlines have achieved an extraordinary safety record, having transported passengers over 13.3 trillion miles—equivalent to more than two light-years—without a crash since February 2009. This remarkable achievement highlights the effectiveness of safety measures and data sharing among airlines, making commercial air travel in the US exceptionally safe.