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In Europe, airlines had successfully negotiated to defer some $1.2 billion in air traffic control charges. [30] Oliver Wyman reported that Asian airlines reduced their available seat miles by 23 percent in March 2020. [31] In Europe, the impact of the outbreak is expected to accelerate corporate consolidation in the airline industry. [32]
Across the industry, airlines are scrambling to build back route networks to pre-pandemic activity. But they're finding shallow benches of pilots, flight attendants, reservations agents and others ...
Boeing’s legal problems are mounting.They are starting to become a problem for the rest of the airline industry too. Alaska Airlines said Tuesday its 2024 capacity estimates are "in flux" due to ...
According to transport ministry data on major airlines from 2020 to August 2024, Jeju Air was hit by about 2.3 billion won ($1.57 million) in fines and the affected aircraft were kept out of ...
The deregulation of the American airline industry increased the financial troubles of the airline which ultimately filed for bankruptcy in December 1991. [44] The 1978 U.S. airline industry deregulation lowered federally controlled barriers for new airlines just as a downturn in the nation's economy occurred. New start-ups entered during the ...
The largest airlines in the world can be measured in several ways. As of 2025, United Airlines was the largest by fleet size and Passenger destinations served; Delta Air Lines was the largest by revenue, assets, market, and brand value; American Airlines Group by passengers carried and employees; FedEx Express by freight tonne-kilometers; Southwest Airlines by routes; and Turkish Airlines by ...
The global airline industry continues to grow rapidly, but consistent and robust profitability is elusive. Measured by revenue, the industry has doubled over the past decade, from US$369 billion in 2004 to a projected $746 billion in 2014, according to the International Air Transport Association (IATA).
Even though the airline industry still relies on traveling passengers, much as it has done for the past several decades, airlines are adopting new strategies to make themselves more profitable.