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— - 1 Martha Neubauer - 1 Dave Calhoun - 1 Boeing's - 1 Willie Walsh - 1 DAL - 1 Leslie Josephs - 1 United - 1
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☆ Airbus and Boeing's problems spell bad news for the cost of your summer vacation
  + stars: | 2024-04-09 | by ( Pete Syme | ) www.businessinsider.com   time to read: +2 min
IATA predicted this year will beat the pre-pandemic record for air travel. But both Boeing and Airbus jets are having problems that are reducing capacity. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In December 2023, the International Air Travel Association predicted 2024 would break records for the most air passengers ever. But airlines are warning they'll have fewer seats available than they initially thought, as both Boeing and Airbus are dealing with problems.
Persons: —, Martha Neubauer, Dave Calhoun, Boeing's, Willie Walsh Organizations: Boeing, Airbus, Service, International Air Travel Association, Reuters, Airlines, Max, Ryanair, Alaska Airlines, Federal Aviation Administration, Pratt & Whitney, London Starbucks Locations: London
☆ Airline cargo revenue is cratering. Here's why that's actually good news
  + stars: | 2023-07-20 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +3 min
Leslie Josephs/CNBCAirlines' cargo revenue is slumping. Delta , United and American this month each reported year-over-year declines of about 40% in their second-quarter cargo revenue. That's a significantly smaller portion than 2020, when cargo revenue made up more than 10% of United's sales. Zoom In Icon Arrows pointing outwardsThrough June, cargo revenue made up 1.3% and 1.6% of overall revenue at Delta and American, respectively, down from 3.5% and 12% in 2020. The Baltic Air Freight Index, which tracks worldwide air cargo rates, is down 47% from a year earlier.
Persons: DAL, Leslie Josephs, United, it's Organizations: American Airlines, Philadelphia International Airport, CNBC Airlines, United, Delta, Baltic Air Freight, International Air Travel Association Locations: United, American, U.S, Europe
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