Wherever volatile fuel prices head this year, don’t expect bargain flights. Airfare in the U.S. in June was up 26.5% compared with a year earlier, according to the latest federal data. Airline leaders say customers continue to book even after carriers hiked fares. They told Wall Street analysts this month that they’re expecting to hold…
American Airlines further cut its 2026 earnings outlook, citing higher fuel costs, a sign that a jump in fares isn’t enough for the U.S. airline that flies the most to fully offset this year’s spike in fuel prices. American said it could post an adjusted loss per share of as much as 65 cents up…
We’re in one of those markets where it seems like nothing is working. The pain starts early with the evening S & P and Nasdaq futures giving you a double dose of crimson. But the trusty S & P Short Range Oscillator isn’t oversold enough to hold your nose and buy something. So you just…
Robert Isom, chief executive officer of American Airlines Group Inc., speaks during a Bloomberg Television interview in New York, US, on Wednesday, Dec. 10, 2025. Christian Monterrosa | Bloomberg | Getty Images FORT WORTH, Texas — American Airlines CEO Robert Isom has a math problem. The carrier is flying about 6,500 flights per day this…
A United Airlines plane takes off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, June 9, 2026. Joe Raedle | Getty Images United Airlines‘ second-quarter results came in ahead of Wall Street estimates, but billions of dollars in added fuel costs continue to weigh on earnings, the carrier said Wednesday. United forecast third-quarter…
The common thread linking this week’s biggest market events is the state of the U.S. economy. The biggest day is Tuesday, when the nation’s largest banks — JPMorgan , Bank of America and Citigroup , along with Club names Wells Fargo and Goldman Sachs — mark the start of second-quarter earnings season. As if that…
A welcoming sign at President Donald J. Trump International Airport in West Palm Beach, Florida, July 9, 2026. Marco Bello | Reuters The airport in West Palm Beach, Florida, has officially been renamed after President Donald Trump, the first time an airport has been named after a sitting U.S. president. Effective Thursday, the facility will…
Passengers board an Avelo flight at Tweed-New Haven Airport. Connecticut Public Broadcasting | Getty Images News | Getty Images With Spirit Airlines gone from the skies, travelers now have fewer lower-cost options waiting in the wings during the busy summer season. Americans may need to get used to it, as the changes taking place in…
Air taxi makers have hyped science fiction-like flying cars for years. But as that dream inches closer to reality, legal squabbles are clouding that momentum. Last year, Joby Aviation sued Archer, accusing the rival air taxi maker of “corporate espionage” and using stolen information to interfere with a real estate developer deal. Weeks later, Archer…
Travelers walk through the terminal at Ronald Reagan Washington National Airport on May 1, 2026. Leslie Josephs | CNBC Higher fuel prices are testing how badly consumers want to travel this summer, whether flying or driving. Airfare hasn’t been this high since May 2022, when airlines stumbled out of the pandemic with aircraft and employee…
