Spirit Airlines urges shareholders to reject JetBlue’s tender offer
JetBlue launched a hostile takeover of Spirit earlier this week with $30-a-share tender offer. Source link
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Airlines
China Eastern crash probe reportedly eyes intentional action
The Boeing 737-800, en route from Kunming to Guangzhou, suddenly plunged from cruising altitude, killing all 123 passengers and nine
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United Airlines says FAA has cleared 52 Boeing 777s to fly again after they were grounded for engine failure
United plans to start flying the 52 Pratt & Whitney-powered 777s again this month. Source link
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Boeing management needs a reboot after losing its way, Ryanair CEO says
Ryanair CEO Michael O'Leary has called for a shakeup of management at U.S. aircraft giant Boeing, after delivery delays and
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A severe pilot shortage in the U.S. leaves airlines scrambling for solutions
The U.S. is facing its worst pilot shortage in recent memory, forcing airlines to cut flights just as travelers are
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Emirates Airline, stung by soaring fuel prices, posts $1.1 billion dollar loss
The airline has resumed flights to 140 destinations, but the surge in fuel prices continues to challenge the pandemic-battered aviation
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United reaches new contract deal with pilots’ union, the first of the major airlines in pandemic
United is the first major U.S. airline to reach an agreement with its pilots. Source link
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U.S. airline bookings dropped 17% in April as flights got even more expensive
Domestic fares continued to surpass 2019 levels due to a rebound in demand and more expensive fuel this year. Source
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Chinese jet aborts takeoff, catches fire
There were no deaths and only minor injuries among the 113 passengers and nine crew members on board, the airline
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