Airline CEOs warn domestic travel demand is slowing

A Delta Airlines and American Airlines plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023. Stefani Reynolds | AFP | Getty Images Airlines are cutting their first-quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand. Ahead of a JPMorgan industry conference,…

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Airline stocks tumble amid economic concerns

Airline stocks tumble amid economic concerns

United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024.  Jakub Porzycki | Nurphoto | Getty Images Stock Chart IconStock chart icon NYSE Arca Airline Index versus the S&P 500 Airlines, especially full-service carriers with big international networks, had been a bright spot thanks to strong demand…

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Why first-class seats are holding up new airplanes

Why first-class seats are holding up new airplanes

A Lufthansa First Class “Allegris” cabin, which was set up outside the show.  Peter Kneffel | Picture Alliance | Getty Images Heated or cooled seats. Ultra-high-definition TV screens. Benches. Convertible beds. All-aisle access. And of course, the coveted privacy door. Ever-more luxurious first- and business-class cabins that have hundreds of parts and require regulator approval…

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Elon Musk sends Starlink tech to FAA, says without evidence air safety is ‘at risk’

An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images Elon Musk said Thursday that he’s sending his Starlink satellite internet terminals to the Federal Aviation Administration while saying, without providing evidence,…

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