Passenger Transportation Services

U.S. Airlines and travelers endured a second day on Saturday of flight cancellations across the nation as the shutdown is expected to cause more cancellations over the next few days. Due to the shutdown, the Federal Aviation Administration has instructed airlines to reduce 4% of flights at 40 major airports on Saturday. The cut will increase to 6% by Tuesday, and to 10% on November 14. These cuts began at 6 am. About 700 flights were affected by the cuts on Friday morning, 1100 GMT, from American Airlines, Delta Air Lines and Southwest Airlines. Due to a lower volume of...

UPS announced on Friday that it had grounded its fleet McDonnell Douglas MD-11s. This is the type of aircraft involved in the crash of Tuesday in Louisville, Kentucky which resulted in at least 13 deaths. UPS spokesperson stated in an email that "out of an abundance caution and for the sake of safety, we've made the decision to ground temporarily our MD-11 fleet". The spokesperson said that MD-11s make up about 9% the fleet of the company. The grounding takes effect immediately. NBC News was the first to report on this news. On Tuesday evening, a UPS cargo flight bound...

U.S. Federal Aviation Administration announced on Friday that it is delaying flights in eight airports, including Atlanta, San Francisco and Houston. The agency cited widespread staffing problems as controllers were not paid during the shutdown. Staffing shortages are reported at 10 different locations in the United States, and could lead to delays at other airports. Separately, the agency required airlines to cancel more than 700 flights or 4% of their flights at 40 airports with high traffic to deal with air traffic control staffing. According to FAA ground delays programs, flights at Reagan Washington National are delayed on average by...

Spirit Airlines announced on Friday that it had reached tentative agreements with the unions representing both its pilots as well as its flight attendants. The tentative agreements would include some contract concessions as Spirit Airlines tries to reduce costs in its ongoing Chapter 11 restructuring. Once a tentative contract is ratified, the airline's senior leadership team will also accept salary reductions of a certain percentage. Earlier this year, the ultra-low-cost-carrier filed for Chapter 11 bankruptcy protection for the second time as it grappled with dwindling cash reserves and mounting losses. Spirit, as part of its cost-cutting program, has reduced the...

U.S. Airlines scrambled on Friday to cut 4% from flights at 40 major US airports, after the government cut air travel by an unprecedented amount citing safety concerns for air traffic control due to a record-breaking government shutdown. Cuts began at 6 am ET (1100 GMT) and include about 700 flights from the four largest carriers - American Airlines, Delta Air Lines, Southwest Airlines and United Airlines. The cuts, which began at 6 a.m. ET (1100 GMT), affect about 700 flights operated by the four biggest carriers, American Airlines, Delta Air Lines and Southwest Airlines. They are expected to increase...

The Australian share market closed Friday at its lowest level in over six weeks, due to a sharp drop in Macquarie shares after the investment bank's top management missed their profit targets. A broader decline in major lenders also contributed to the losses. The S&P/ASX 200 fell 0.7%, to 8,769.70. This is its lowest closing since September 24, and second consecutive weekly loss. Macquarie fell 5.7%, to a six month low. Reporting A first-half loss, impacted by the weakness of its commodities and markets trading businesses. We think that the market knew the risk of missing 1H26 earnings due to...

The U.S. administration of President Donald Trump announced new deals on Thursday to sell Boeing aircraft to airlines in Central Asian countries Kazakhstan, Tajikistan, and Uzbekistan. The Commerce Department announced that Kazakhstan flag carrier Air Astana intends to purchase up to 15 Boeing 787 Dreamliners in order to modernize and expand its fleet. The C5+1 Summit, which took place in Washington to mark the 10th anniversary diplomatic meeting between the leaders of the five Central Asian Republics and the United States, signed the orders. Air Astana operates three Boeing 767 widebody aircraft that connect Kazakhstan to destinations in Europe, Asia,...

The shares of Grupo Aeromexico, which is backed by Apollo, rose 0.84% on their New York Stock Exchange debut Thursday. This valued the Mexican airline near $2.8 billion nearly four years after it emerged from bankruptcy. The opening price of shares in the company was $19.16, which is just above the $19 issuance price. Aeromexico, along with some of its current shareholders, sold 11,7 million American Depositary Shares in an initial public offer on Thursday. The price was at the midpoint between its advertised range of $18 and $20. This raised $222.8 millions. The listing is part of a rebound...

On Thursday, the Federal Aviation Administration was working on details of a plan that would cut 10% of flights in 40 U.S. airports with high traffic to address safety concerns about air traffic controllers during a federal government shutdown. FAA Administrator Bryan Bedford informed the CEOs of major airline companies late on Wednesday that cuts will begin at 4% this Friday and increase to 10% next Monday. Plan will exclude international flights, and will only apply to flights that take place between 6 am and 10 pm. FAA also has imposed severe restrictions on general aviation and space launches. Airline...

U.S. Airlines scrambled on Thursday to rejig their schedules and answer a flood customer questions after the U.S. cut flights at some of America's busiest airfields. This was the latest travel disruption caused by the government shutdown. Sean Duffy, Transportation Secretary, said on Wednesday that he would make drastic cuts to the budget due to safety concerns arising from the shutdown of government. This shutdown is the longest ever in U.S. History. It has forced 13,000 air traffic control operators and 50,000 security screening workers to work without pay. Airlines estimate that at least 3,2 million passengers have been affected...

U.S. Airlines scrambled on Thursday to rejig their schedules and answer a flood customer questions after the U.S. cut flights at some of America's busiest airfields. This was the latest travel disruption caused by the government shutdown. Sean Duffy, Secretary of Transportation for the Department of Transportation, announced on Wednesday that he will order drastic cuts to air traffic control due to safety concerns arising from the shutdown. The longest shutdown in U.S. History has forced 13,000 air traffic control agents and 50,000 Transportation Security Administration (TSA) agents to work for free. Airlines estimate that at least 3,2 million passengers...

The long-awaited U.S. IPO of Grupo Aeromexico, backed by Apollo, raised $222.8 millions on Wednesday. This marks the start of the Mexican airline's return to the public markets nearly four years after its exit from bankruptcy. Stock market valuations have reached record highs due to optimism around artificial intelligence, falling interest rates and Washington's political gridlock following U.S. Tariffs. Aeromexico, along with some of its shareholders, sold 11,7 million American Depositary Shares for $19 per share. This was within the range of $18-$20. Aeromexico's IPO value was $2.77 billion, ahead of its debut Thursday on the New York Stock Exchange....

Air France-KLM announced third-quarter results that were in line with expectations on Thursday. It also confirmed its outlook for 2025, despite some expenses increases and expensive challenges faced by its Dutch subsidiary KLM. As the summer travel season is lucrative and busy, the third quarter of the year is typically the most profitable for European airlines. Travel from Europe to the United States is down under U.S. president Donald Trump. His policies are seen by many as anti-foreigner, anti-trade and anti-foreigner. Analysts polled by LSEG had predicted an operating profit of 1,27 billion euros (1,48 billion dollars) for the airline...

Safran, the French aerospace company, raised its full-year revenue forecasts after reporting higher than expected third-quarter revenues led by its core Jet Engine division. The company, who co-produces LEAP engines with GE Aerospace via their CFM venture said that it had "strongly caught up" on late deliveries in the third quarter, shipping more than any other quarter. Airbus and Boeing have delayed their jet deliveries and caused congestion in maintenance centres, which has led to a strong demand from engine manufacturers for spare parts. In the engine industry, there is a tug-of-war between aircraft manufacturers and airlines that need spare...

Air France-KLM CEO said that on Monday, western European airlines needed more favorable regulation as the requirement to fly around Russian airspace places them at a disadvantage compared to their Chinese competitors. Ben Smith, CEO of Air France-KLM, said in an interview with the German newspaper Frankfurter Allgemeine Zeitung as well as with French newspaper Les Echos and Lufthansa Group CEO Carsten Schohr that having to avoid Russia adds two to two-and-a half hours to flights from Europe to Asia. All costs associated with the extra flight time are to be paid by the customer. Smith added that customers don't...

IndiGo, India's budget carrier, announced on Friday that it had signed a contract confirming the conversion 30 of its 70 A350-900 purchase rights into firm orders. This doubled its widebody order list to 60 from 30, and increased its total number of A350-900s ordered. This move is part of India's strategy to increase its long-haul services and capture more international traffic away from Gulf carriers like Emirates. According to government and industry data, India's international air traffic is expected to grow from 64 million passengers in 2019 to 160 million passengers by 2030. However, the majority of this traffic will...

Air India has been in discussions with Airbus and Boeing about adding more wide-body aircraft to its planned purchase of up to 300 aircraft. This is a sign that the turnaround for the Tata Group's Air India has accelerated. Sources say that the negotiations include 80 to 100 wide body jets in addition to 200 narrow body jets and 25-30 large-body aircraft previously reported. Airbus stated that it "does not comment on confidential conversations, which may or might not happen with customers." Air India and Boeing didn't immediately respond to requests for comments. Air India had been reported to be...

Boeing said that it delivered 55 jets to customers in September. This is up from 33 in September of last year, when the production was curtailed by a strike by some 33,000 workers at its Northwest factories. The total is broadly stable from August's 57 deliveries Boeing delivered 87 aircraft in September 2018, its best month since 2018. However, it still lags behind rival Airbus which delivered 73 planes last month. Airbus delivered 507 aircraft to Boeing's 440 in the first nine-month period of this year. Last month, Boeing delivered 40 737 MAX jets, including 10 to Ryanair. One of...

Spirit Airlines, in an effort to optimize its fleet, will not purchase 52 Airbus aircraft and its options on 10 more. AerCap will take over the aircraft orders. The agreement between Spirit and AerCap was approved by the U.S. Bankruptcy Court of the Southern District of New York on Friday as part of a settlement of disputes. Spirit's second bankruptcy was triggered by a dispute with the largest aircraft leasing company in the world. AerCap abruptly cancelled the lease agreements of 36 Airbus A320neo jets scheduled to be delivered to Spirit in 2027-2028. The company also claimed that Spirit had...

Wizz Air aims at ending engine-related groundings for its Airbus aircraft before the end of 2027. However, a senior executive stated on Tuesday that he has not seen an improvement in Pratt & Whitney's bottlenecks which are blamed for the blocking of dozens of jets. Ian Malin, CFO of Wizz Airlines, said that the number of aircraft grounded due to long inspection waiting times has dropped from 60 at its peak. Wizz reported that 41 aircraft were grounded at the halfway point of the year due to GTF engine inspections. The plan is to have the fleet deparked by 2027....

Amsterdam Schiphol Airport announced on Monday that it will freeze airline fees in 2026. The previously planned 5% hike was scrapped following discussions with airlines. Schiphol Airport, Europe's busiest, has increased the fees charged to airlines this year by 41% as part of its three-year plan for funding new investments in the airport. Fee increases will be used for noise reduction, including night flight charges. In a press release, CFO Robert Carsouw stated that "we understand the impact of the 2025 fee increase on airlines". Schiphol has a good financial performance, but some airlines find it expensive. We're talking about...

Director general of the Nigerian civil aviation authority said that they are looking at certifying China’s C919 jets for Nigerian carriers. This is because Nigerian airlines have taken on more aircraft, and relations with Beijing are warming up. COMAC, a Chinese planemaker, is currently producing the C919 narrow-body aircraft to compete with the leading Western planemakers Airbus & Boeing and has had several discussions with Nigeria about the aircraft. This month, the Nigerian aviation minister said that Nigeria is open to COMAC to use the country as an access point to the larger African market. COMAC, the state-owned company, faces...

Air France KLM, the Dutch branch of Air France KLM, announced on Monday that Air France and Delta will no longer use its ground services in Amsterdam Schiphol Airport following the weeks-long strikes of its ground crew. KLM said that the airlines told them they were looking for a new ground handling partner in Schiphol - one of Europe's most busy airports. KLM issued a statement saying that the decision had immediate operational implications, especially for its ground services division. The financial and employment implications of this decision is currently being assessed. Delta and Air France have not responded to...

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch for the accuracy of these stories. Danish biotechnology firm Genmab has agreed to purchase cancer treatment developer Merus, listed on Nasdaq, for approximately $8 billion in cash. U.S. president Trump and congressional leaders will hold last-minute discussions just as Republicans are preparing for a shutdown of the government by mid-week, which could include a new round of firings. Hegseth, the Defense Secretary, will address senior officers and enlisted members of the military at a gathering that will be held...