Major airlines and travel groups urged Congress on Friday to avoid a partial government shutdown that would result in 50,000 airport security agents not being paid before the busy U.S. Spring Break travel period. Transportation Security Administration employees will be working without pay starting Saturday if there is no agreement regarding funding Homeland Security Department agencies. In a joint press release, Airlines for 'America, U.S. Travel, and American Hotel & Lodging Association said that the U.S. economy and travelers cannot afford essential TSA staff to work without pay. This increases the likelihood of unscheduled calls out and absences, which can...

Federal Aviation Administration announced on Friday that all U.S. Airlines must certify that they conduct merit-based hiring for pilots, or risk a federal investigation. Transportation Secretary Sean?Duffy stated that the directive was issued to "address allegations of hiring by airlines based on race or sex" and said under the directive, "all U.S. carrier will be required to certify that this practice has been terminated." Soon after taking office, in January 2025 President Donald Trump issued "sweeping executive orders" to dismantle the diversity, equity, and inclusion programs of the United States, and he urged the private sector to get involved. No...

United Airlines has revealed a dispute between the engine manufacturer Rolls-Royce and its long-delayed Airbus A350 purchase. This is 'the latest twist in a long-running saga of jet procurement. The A350 order dates back to 2009, one year before United Airlines merged with Continental Airlines. Continental Airlines was a Boeing champion and had exclusive ties with Boeing. The A350 contract was restructured later, but it has been deferred and changed numerous times. In a filing to the regulatory authorities late Thursday night, the airline stated that it was in dispute with the engine manufacturer Rolls-Royce, and did not give investors...

According to lawmakers, the Federal Aviation Administration lifted flight restrictions over a wide swath of southern New Mexico on Tuesday evening. The restrictions were meant to last ten days. The FAA issued an order to ban flights from and to El Paso Airport in Texas as well as Southern New Mexico for "special security" reasons. The FAA lifted restrictions on El Paso for a few early hours of Wednesday morning, but kept restrictions in place over New Mexico. "Southern New Mexicans, and El Pasoans, deserve answers and transparency," - said Gabe Vasquez a New Mexico Democrat. Overnight, the sudden closure...

Matteo Salvini, Italy's Infrastructure Minister, said that the government would ban airport strikes during the Milano Cortina Winter Games in order to avoid causing travel disruptions at a?major event?. The government has asked the unions to postpone the walkouts to avoid conflict with the Games. However, the unions refused. Winter Paralympics will take place from March 6 to 15. Salvini acknowledged the workers' demands but insisted on the smooth running of the Olympics, calling them an "extraordinary event of global importance". Salvini also called for further negotiations to resolve the labour dispute. The Italy-hosted Games will take place in Milan...

Air Canada is seeing a 30% increase in corporate travel as it seeks to diversify its trade away from the United States. This has fueled demand for international 'travel', according to a company executive. Analysts reported that "we're seeing a lot of growth in corporate demand on the North Atlantic. We are seeing almost a 30 percent increase in corporate traffic to Europe and the Pacific, and we attribute a part of that to Canada being able to diversify trade routes." Canada's largest airline, in its results announcement for the fourth quarter of 2018, forecast a core profit slightly above...

Investors awaited the?U.S. The Federal Reserve will be looking at the January inflation figures to determine its policy. As of 5:48 a.m., March futures for the?S&P/TSX 'composite index? were down 0.07%. ET. Toronto's benchmark index fell more than 2% Thursday, mirroring Wall Street's moves as AI disruption fears and the potential for fewer Fed rates cuts following Wednesday's stronger job data dampened sentiment. U.S. Consumer Price Data for January are due at 8:30 am ET on Friday. ET on Friday. According to a survey of economists, prices are expected to rise by?0.3% for the entire month. Spot gold recovered from...

Norwegian Air Shuttle CEO Geir Carlsen said on Friday that the airline does not intend to add Starlink's Wi Fi onboard its planes for now. Instead, it will offer a service paid by another vendor. Starlink is a product that appeals to major airlines such as Lufthansa, Qatar Airways and other large carriers. However, budget carriers who rely on ancillary service to offset low ticket prices are less interested in the product. Karlsen stated, "As far as I'm aware,... if you install Starlink...you can't... charge your passengers for its use." He said Starlink is not yet certified for Boeing 737...

Norwegian Air Shuttle, a budget airline that operates in the fourth quarter of each year, has a positive operating result but missed market expectations due to higher than expected costs. This sent its shares down 5% at the start of Friday's trading session in Oslo. In a earnings report, the airline said that increased air traffic charges and airport fees had a negative effect on operating costs in comparison to 2024. The operating profit for the group was 21 million Norwegian crowns ($2.2million) during the third quarter. This is well below the?comparison of 201 millions crowns. It had a loss...

French aerospace company Safran announced increased earnings and revenue for 2026, following a strong year of profitability, thanks to aftermarket demand. The shares of a?the? manufacturer of civil and military aircraft and jet engines, as well as equipment such landing gear and cabins, rose by over 7%. They were on course for their best day in March 2022. Safran, which produces engines for Airbus jets and Boeing planes under GE Aerospace's CFM venture, forecasted a recurring operating profit of 6.1 to 6.2 billion euro ($7.2 billion up to $7.4billion) for the calendar year. This was based on a projected percentage...

Safran CEO Olivier Andries stated on Friday that CFM will do its best to fulfill any requests from Airbus for additional engines this year. However, the priority is to'meet' existing commitments. Airbus, according to industry sources, is in a standoff with engine manufacturer Pratt & Whitney about engine supplies. This has put its main production goals at risk and prompted it to turn to CFM to help adapt. Andries informed?reporters CFM's forecasts of a 15% rise in total LEAP engine deliveries this year included in Safran’s annual earnings, announced on Friday, didn't include any provision to?increase its share of market....

French aerospace group Safran announced increased earnings and revenue?for 2026, following a year of profitability gains?due to strong demand for its civil jet engines. Safran, which produces?engines for Airbus and Boeing planes under the CFM venture with GE Aerospace, forecasted 6.1 to 6.2 billion euro ($7.2 billion up to $7.4billion) in recurring operational profit this calendar year. This was based on an estimated percentage increase in revenue of "low to middle teens" for the period. The French version of the earnings announcement stated that this was an increase between 12% and 15%. Safran reported a 26% increase in its recurring...