U.S. Federal Aviation Administration'said Tuesday that it was investigating a close call between?two passenger planes at New York John F. Kennedy International Airport. The?crew?of Republic Airways Flight 4464 made a go-around after they missed the intended approach path at John F. Kennedy International Airport and flew too close to Jazz Aviation Flight 554 which was cleared to land on a parallel?runway. The FAA released a statement on Monday about the?incident. Both crews responded to the?onboard alarms. The FAA is currently investigating the incident, it said. According to Flightradar24, the two planes were within 350 feet (106.68 meters), vertically, and 0.62...

Sean Duffy, the U.S. Transportation Secretary, raised concerns on Tuesday about using taxpayer funds to save a?low-cost?bankrupt airline Spirit Airlines. "We don't want Spirit to lose money. They've spent a lot and haven't been profitable. Would we then just delay the inevitable, and own it? Duffy stated in an interview. "Or is Spirit on a path to success and I don't know what the answer to this question is." Donald Trump stated Tuesday that he would love to see someone buy bankrupt low-cost airline Spirit and said the federal government might get involved. Trump said, "It's a 14,000 job situation....

United Airlines forecast Tuesday that its second-quarter and annual profits would be below Wall Street's estimates as high jet fuel prices squeeze margins. This will cloud the airline's near-term outlook even though demand for premium travel remains robust. The Chicago-based carrier expects to earn between $1 and $2 per share adjusted in the second quarter. According to LSEG data, the midpoint, $1.50 is lower than analysts' average estimates of $2.08 per share. It predicted a full-year profit between $7 and $11 per share compared to an expectation of $9.58. United's stock was down about 2% after-hours. The airline's?forecast is based...

United Airlines?forecast?second-quarter and?full-year -profits -below Wall Street expectations on Tuesday as a'surge in fuel -prices?squeezes -margins and clouds -its near-term outlook. The Chicago-based carrier expects to earn adjusted earnings between $1 and $2 per share during the second quarter. LSEG data shows that the midpoint, $1.50 is lower than analysts' avg. estimate of $2.08. It predicted a full-year profit of $7 to $10 per share, compared to an expectation of $9.58. United expects to spend about $4.30 a gallon of fuel during the current quarter based on the curve forward as of April 17. This highlights the increasing pressure due...

U.S. airports may face long security lines as early as next month after the homeland security chief announced 'on Tuesday' that he would run out of money in order to pay for 50,000 workers because of a partial shutdown of the government. Donald Trump directed DHS in late March to use emergency funding to pay Transportation Security Administration employees who had been without paychecks for six weeks. This caused disruptions at U.S. Airports. Homeland Security Secretary Markwayne Mullin said on "Fox and Friends," Tuesday, that the funds would run out in early May. Mullin stated that "that money will be...

Alaska Air Group announced on Tuesday that strong travel demand, higher fares and a sharp rise in fuel prices are helping to offset the?rise. The airline also lowered its outlook for the full year and warned about a severe hit to earnings during the second quarter. The surge in jet-fuel prices after the Iran War is the first real stress test for the airline industry since the pandemic. Profits are squeezed even though demand remains steady. The airlines sell their seats in advance, and can't raise the price quickly. This leaves them "exposed" when fuel prices rise. Alaska Airlines said...

After a social media post by JetBlue Airways sparked concern, two?Democratic legislators asked the airline to explain if it used customer data to set ticket pricing. JetBlue's X -account - suggested to a customer on Saturday that they try clearing "cache and cookie" or booking incognito after the customer complained of a $230 price increase after just one day. The customer claimed they were "trying to make it to a burial." JetBlue did not comment immediately on the letter but told? On Monday, JetBlue said that the letter sent to a customer in response was an error. Prices are not...

Donald Trump, the U.S. president, said on Tuesday that he opposed a potential merger between United Airlines & American Airlines. This would have reshaped the U.S. aviation industry. Trump told CNBC that he doesn't mind mergers, and added that he "would love someone to buy" Spirit Airlines which is currently in bankruptcy. "But American is doing well, and United does very well." I know United, and they are doing well. He said, "I don't want them to merge." Trump's opposition highlights the political and economic risk of backing a deal that antitrust experts claim would cut competition in a market...

Donald Trump said on Tuesday that he would love to see a low-cost airline, Spirit Airlines, acquire the bankrupt carrier. He also said it was possible for the federal government to get involved. I'd love for someone to buy Spirit. Trump said on CNBC that the federal government could help with this one, as it's 14,000 people. Spirit's bankruptcy plan was under renewed pressure last week after a sharp increase in jet fuel prices weakened key assumptions behind its restructuring. Spirit did not respond immediately to a comment request. Sources say that USDOT has held discussions with major airline companies...

GE Aerospace announced on Tuesday that it is on track to reach the top end of its profit forecast for 2026, but it is bracing itself for a more challenging backdrop?of higher oil prices, fuel shortages and slower growth globally, despite not expecting a recession. The warning from the engine manufacturer comes at a time when a rise in jet fuel costs following the Iran War is emerging as a new stress test for airlines, its main customers. This will squeeze margins and lead to capacity cuts in certain markets. GE Aerospace's forecast of adjusted profit between $7.10 and $7.40...

The U.S. and Israeli war against Iran, which has pushed up jet fuel prices, has shook the aviation industry around the world. Airlines have been forced to increase fares and re-evaluate their financial forecasts. In recent weeks, jet fuel prices have increased from $85-$90 per barrel up to $150-$200 per barrel. This is a major financial blow to an industry where fuel can account for as much as a quarter or more of its operating costs. Here is an alphabetical list of the ways airlines are responding to this issue: AEGEAN AIRLINES The Greek airline anticipates that the suspension of...

Uber was ordered to pay $5,000 by a federal jury in North Carolina, on Monday. The woman claimed that she had been sexually assaulted while riding with a driver booked via the Uber app. The jury verdict in?Raleigh North Carolina's followed a trial which began on April 14. The verdict comes after another jury in Arizona awarded $8.5 Million to a woman who claimed that an Uber driver raped and abused her when she was 19 years old. The jury may be more inclined to hold Uber responsible for the assaults of drivers in other cases, even though Monday's verdict...