American Airlines said it will install SpaceX's Starlink for inflight Wi-Fi on more than 500 of its airplanes.
SpaceX has pushed to become a dominant in-flight internet provider, reaching deals with United, Southwest and Alaska Air.
BG, ADM, AVT, AAL and BLMN land on a broker-upgrade screen as Middle East tensions, Hormuz limits and higher oil prices shake markets.
Warren Buffett famously thought investing in airlines was a bad idea after getting burned. Berkshire Hathaway investors undoubtedly hope Greg Abel has better luck.
Anglo American PLC (LSE:AAL) has agreed to sell its Australian steelmaking coal business for up to US$3.875 billion (£2.9 billion) in cash as the miner continues to simplify its portfolio ahead of its planned merger with Canada's Teck. The sale to privately held UK company Dhilmar Ltd includes an upfront cash payment of US$2.3 billion on completion and a price-linked earnout worth up to US$1.575 billion over five years.
Jet fuel prices surge from $95 to $163 a barrel, pressuring airline ETFs as carriers cut capacity, raise fares and trim forecasts.
After Spirit Airlines vanished from the skies, its not-quite-sudden collapse raised questions about why the successful low-cost model, born in the U.S. airline industry, is failing.
Don Lair writes about options income, dividend strategy, and the kind of boring-but-durable investing that actually funds retirement.
A round-trip ticket from Las Vegas to Dallas-Fort Worth cost $39 on Spirit Airlines the morning of May 1.
Airlines have wasted no time in beefing up their schedules in the wake of Spirit Airlines' collapse. Carriers are competing for Spirit's routes and gates.
The airline's abrupt shutdown upsets travelers across the country, and its staff.
Summer 2026 will be a stress test for U.S. airlines. Second quarter jet fuel is tracking $4.10 to $4.30 per gallon, with benchmark West Texas Intermediate (WTI) crude at $99.89 per barrel and in the 96th percentile of its 12-month range.