Four sources said that the U.S. government has filed court warrants for the seizure of dozens of more tankers connected to the Venezuelan trade. Washington is consolidating control over oil shipments into and out of this 'South American country. In recent weeks, the U.S. Coast Guard and military seized five vessels that either carried Venezuelan oil in international waters or had done so previously. The seizure was part of Washington’s campaign to remove Venezuelan President Nicolas Maduro from power, which culminated with U.S. troops capturing him on Jan. 3. The administration of Donald Trump has stated that it intends to...

WestJet Airlines will review its non-adjustable seats in economy class as soon as this week. This is after a backlash from passengers who complained about the lack of leg room, according to an internal message seen by?. Samantha Taylor, the Chief Experience Officer of Air Canada, told her employees that the carrier was reviewing data and feedback from passengers to determine the best way forward in rolling out the seats onto more aircraft. Taylor wrote: "While originally we planned to make a decision by February, we are now working to accelerate that process and arrive at a 'plan forward aligned...

Boeing rebounded in 2025, delivering the most planes since 2018 and beating European rival Airbus for net orders 'for the first time in seven years. This is a sign that the U.S. aircraft manufacturer has turned a corner after a string of crises. Boeing announced on Tuesday that its 2025 deliveries increased by 72%, to 600 aircraft, although they lag behind Airbus' 793. Boeing has also placed 1,175 orders or a total of 1,075 net after cancellations. Boeing had its sixth highest annual total after cancellations, and it surpassed Airbus' net orders of 889. Under CEO Kelly Ortberg, Boeing is...

Wall Street's major indexes opened Tuesday with a muted tone after an inflation report that was largely in line with expectations. Investors also weighed the mixed quarterly results of JPMorgan Chase and Delta Air Lines. Consumer prices in the United States increased by 0.2% from November to December, less than expected. The economists had predicted a 0.3% rise. The headline and core CPI increased 2.6% on an annual basis last month, after increasing by the same margin in November. The data confirmed Fed bets that at least two additional 25 basis point rate cuts will occur between June and Decemeber,...

JetZero announced on Tuesday that it had raised $175 million as part of a Series B financing round. The California-based startup is aiming to "advance" the development and design of its blended-wing planes, which are designed to reduce fuel consumption. The latest funding round was led by Northrop Grumman and the venture capital arms of United Airlines and 3M. The company is a new entrant into the aerospace industry. It plans to capitalize on the?new jet shortages, and the industry's effort to make flying cheaper and more efficient. The new capital will help accelerate the development of its prototype aircraft,...

U.S. Stock Index Futures fell on Tuesday, as investors awaited a key inflation report to get fresh clues about where interest rates will go next. JPMorgan Chase's earnings for the fourth quarter kicked off earnings season. JPMorgan Shares were up by 1.1% during choppy trading in the premarket after Goldman Sachs' quarterly profit exceeded estimates. However, a one-time fee associated with its deal to take over Apple’s credit card partnership was also weighing down on them. There are many other big banks that will be reporting later this week. Expected to Post a Stronger Quarterly Results S, helped by a...

Delta Air Lines, on Tuesday, forecast a 20% increase in earnings by 2026, citing strong corporate and consumer demand, as well as rising sales for premium travel. The airline also announced that it had agreed to purchase 30 Boeing 787-10 aircraft to bolster its long-haul fleet. The shares of the airline fell by nearly 5% during premarket trading, as the forecasts were largely "below" estimates. As lower-income consumers are under pressure due to inflation and a weaker purchasing power, the airline is benefiting from a resilient demand from higher-income travelers. This divergence was apparent in the December quarter when the...

Delta Air Lines, which has a long-haul fleet, forecast a 20% increase in earnings by 2026. It cited strong corporate and consumer demand, as well as rising sales. As lower-income customers are under pressure due to 'inflation' and a weaker purchasing power, the airline is benefiting from a resilient demand from higher-income travellers. This divergence was apparent in the December quarter when the overall passenger revenue increased by just 1%. However, this masked a growing gap within the cabin. The revenue for main-cabin tickets fell by 7% compared to a year ago, but revenue from premium products grew by 9%....

Air India is facing a London suit from the 'estates' and relatives of some of the deceased in relation to the crash of the passenger jet that occurred on June 20, 2025, which resulted in the death of 260 people. According to court records, 11 plaintiffs filed a personal injury lawsuit at the High Court on December 18. Further details were not immediately available. A Boeing 787-8 Dreamliner carrying 242 passengers bound for London Gatwick Airport 'lost height seconds' after take-off from the western city of Ahmedabad, on June 12. It erupted into a fireball when it struck a medical...

Aena's Spanish Airports tallied 321.6 million passengers? in 2025. This marks a third consecutive annual record. The company has exceeded its February forecast by?320 millions. This represents a 3.9% rise from 2024. These gains highlight Spain's appeal as a European tourism center, even though the global airline industry is struggling with delays in aircraft deliveries, labor shortages and rising operating costs which have?limited capacity growth elsewhere. The operator reported that the airports in Spain with the most passengers are Madrid's Adolfo Suarez Barajas, Josep Tarradellas Barcelona El Prat, and Palma de Mallorca. Aena stated that it is developing its investment...

?U.S. Stock index futures fell on Tuesday as investors awaited important inflation data for hints on interest rate trends, and the fourth-quarter earnings from JPMorgan Chase, which would mark the beginning of the earnings season. The shares of the largest U.S. bank rose 0.6% in premarket trade ahead of its quarterly results. Rivals are expected to release their results later this week. Major lenders will likely report higher quarterly profits due to a revival of M&A. Delta Air Lines and the Custodian Bank?BNY were also scheduled to release results before the opening of trading. "Stable U.S. growth and Federal Reserve...

The?U.S. The National Transportation Safety Board is holding a hearing on Jan. 27 to determine the probable cause of a deadly collision that occurred between a U.S. Army chopper and an American Airlines regional plane in January 2025, which killed 67 people. The Justice Department announced last month that the federal government is responsible for the accident. The Army Black Hawk helicopter involved in the crash was flying above maximum altitude ?levels at the time and was not using ADS-B, or automatic dependent surveillance-broadcast, an advanced surveillance technology that ?transmits an aircraft's location. The accident over the Potomac River, near...