As fall's seasonal travel slowdown arrives, airlines are beginning to cut routes and flights that can no longer turn a profit at current fuel costs.
Spiking costs mean the money has to come from somewhere.
Spirit’s bankruptcy estate is auctioning off its access to New York’s LaGuardia Airport in order to repay the defunct airline’s creditors.
Those new “basic economy” tickets from larger carriers have eaten into the bottom line.
With 40% of the workforce over 60, airlines are desperate to recruit more aircraft technicians.
Delta’s revenue and profits were both up in its latest earnings report. But amid soaring jet fuel prices, it plans to raise airfares and fees.
The war in Iran and the partial government shutdown in the U.S. are creating multiple stressors for airlines, which also means stress for travelers.
They’re required to work during government shutdowns.
But they’re climbing unevenly.
While airlines are recovering from the shutdown, they still have staffing shortages even in normal environments.
