Tag #Airline Industry

Showing 25 to 36 of 76 results

forbes.com
🌐 85% Global Worthiness
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Delta's AI-Driven Pricing: Profit Boost or Trust Crisis?

Delta Airlines plans to increase AI-driven personalized ticket pricing from 3% to 20% by year-end, aiming to eliminate set fares entirely, raising concerns about fairness and transparency.

Progress

56% Bias Score

Reduced Inequality
aljazeera.com
🌐 75% Global Worthiness
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UK Lifts Ban on Pakistani Airlines

The UK lifted a five-year ban on Pakistani airlines, including PIA, following aviation safety improvements in Pakistan, allowing them to apply to resume flights to the UK; this decision comes after the EU lifted a similar ban and as Pakistan seeks to privatize PIA.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Delta Raises Profit Outlook on Stabilized Bookings, Industry Capacity Cuts

Delta Air Lines reported better-than-expected Q2 earnings of $2.10 per share, exceeding analysts' estimates and prompting a raised full-year profit forecast of $5.25 to $6.25 per share due to stabilized bookings and industry capacity cuts. The company's diversified revenue model also cushioned the i...

Progress

24% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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Air France-KLM Acquires Stake in Restructuring SAS Airline

Facing bankruptcy in 2022, SAS, once a joint venture between Norway, Sweden, and Denmark, saw Air France-KLM acquire nearly 20 percent in early 2024 after a restructuring, with plans for majority ownership pending regulatory approval expected in the second half of 2026; Lufthansa's prior rejection d...

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Credit Card Rewards at Risk as Senate Votes Near on Durbin-Marshall Amendment

The Durbin-Marshall amendment, if passed, could significantly reduce or eliminate credit card rewards programs, impacting 31 million consumers and potentially causing major losses for airlines and hotels.

Progress

48% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Qantas Shuts Down Loss-Making Jetstar Asia

Qantas closed its unprofitable Asian budget airline, Jetstar Asia, after 20 years of operation, resulting in a $35 million annual savings and freeing up 13 aircraft for more profitable deployments.

Progress

64% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Avelo Airlines Closes West Coast Operations Amidst Industry Downturn

Avelo Airlines, launched in 2021, is closing its West Coast base at Burbank Airport and ending West Coast service due to decreased 2025 domestic leisure travel demand and low cash reserves, despite having flown 7.4 million customers.

Progress

48% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 75% Global Worthiness
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Delta to Explore New Premium Cabin Ticket Options

Delta Air Lines is exploring new premium cabin ticket options, with premium revenue up 6% to $10.6 billion in the first half of 2024, while main cabin revenue dropped 4%, driven by the success of its basic economy model.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Airline Industry Thrives Despite Negative Media Narratives

Despite negative media portrayals, the airline industry is thriving, with record-breaking passenger numbers and flight schedules in 2024 exceeding pre-pandemic levels, indicating strong consumer confidence and economic resilience.

Progress

56% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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IAG Exceeds Profit Targets, Announces Major Aircraft Order

IAG, parent company of British Airways and Iberia, reported a €2.73 billion net profit in 2024, exceeding its 12%-15% operating margin target at 13.8% and announcing a supplementary dividend; the company also approved a multi-billion dollar aircraft order and a share buyback program.

Progress

48% Bias Score

Climate Action
welt.de
🌐 75% Global Worthiness
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Mishandled Baggage in Europe Rises Despite Global Improvement

European airlines mishandled 12.3 bags per 1000 passengers in 2024, exceeding North America (5.5) and Asia-Pacific (3.1) rates, despite a global decrease from 46.9 million in 2007 to 33.4 million in 2024; the industry incurs \$5 billion in annual costs.

Progress

36% Bias Score

No Poverty
smh.com.au
🌐 75% Global Worthiness
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Qantas to Close Jetstar Asia, Citing Rising Costs and Increased Competition

Qantas announced the closure of its low-cost carrier Jetstar Asia by July 31, resulting in a $25 million loss and 500 job cuts due to rising costs and increased competition; the airline's thirteen A320 planes will be redeployed to Australia and New Zealand.

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 25 to 36 of 76 results