Frontier Airlines sold its all-you-can-fly passes for their lowest price ever. Boeing announced a big investment in its 787 Dreamliner plant, and Deutsche Bank predicts a big 2025 for the airline industry’s “Big 3.” Plus: The government had a response to all those anxieties about drone sightings on the east coast.
Take a moment to get caught up on the world of airlines and aviation.
Airlines need a few things to conduct business. Most importantly, they need planes to fly their passengers. They also need pilots to fly those planes and flight attendants to help those passengers.
The leader of Southwest Airlines (LUV) is looking forward to the incoming administration of Donald Trump. In an interview with Yahoo Finance, CEO Bob Jordan says the next White House will create a business environment that is favorable for his industry.
Frontier Airlines just opened up enrollment in its all-you-can-fly Go Wild Pass for 2025. The budget carrier said Wednesday that it will be opening up pre-sales for the program at the cheapest rate in its short history.
Although many airline executives have been openly excited about what they think the next Trump administration has in store for them, the spoils will not be evenly distributed. Deutsche Bank (DB) believes that the concentration of industry profits for the first year of the second Trump regime will be decidedly top-heavy.
The mystery of who is flying the drones that have been showing up along the East Coast continues, but there might be a partial answer behind why there have been so many more sightings. In an interview with ABC News, Secretary of Homeland Security Alejandro Mayorkas said that a policy change by the Federal Aviation Administration may have cleared the skies for the devices.
Although Boeing (BA) has been slow to restart production of the planes built by its unionized workforce and has been laying many of them off amid a year of struggles, the company announced it would be making a big investment in a non-unionized plant.
A string of mysterious drone sightings over the East Coast of the U.S. has provoked a lot of anxiety about where they’re coming from and who’s flying them. A coalition of government agencies, however, said Tuesday that there’s nothing to worry about.
The nearly two-month-long machinists’ strike at Boeing (BA) had a big, immediate effect on both the planemaker’s bottom line and the economy at large, but the work stoppage will have a long-tail ripple effect. The research firm Oxford Economics noted that aviation manufacturing was a big reason for the 0.1% advance in industrial output that was lower than market expectations.
Boeing’s (BA) slow manufacturing restart in the wake of its nearly two-months-long machinists’ strike is continuing to pick up steam. The company just announced that it has restarted production of two more models at its Washington state factories in addition to its cash-cow 737 Max planes.
Lithium-ion batteries are causing lots of problems in the skies. Data from the Federal Aviation Administration shows that there has been a fire or fire-adjacent incident with the items at least once a week on passenger planes this year.
