Airlines have a legal obligation to ensure that their flight schedules provide travelers with realistic departure and arrival times," Transportation Secretary Pete Buttigieg said in a statement.
JetBlue (JBLU) and Southwest Airlines (LUV) edged lower on Friday after BofA Global Research downgraded both stocks to ‘Underperform’ from ‘Neutral’. According to TheFly, the BofA analyst said both airlines trade at the high end of historical valuation ranges despite less exposure to "the strongest industry trends.
Airline stocks were mixed on Friday after Bank of America upgraded American Airlines Group Inc. and downgraded Southwest Airlines Co. and JetBlue Airways Corp., predicting that the network carriers will continue to outperform low-cost airlines due to demand for premium travel.
The Department of Transportation is suing Southwest Airlines, accusing it of operating two “chronically delayed flights” in 2022 that resulted in 180 flight disruptions.
American Airlines on Thursday forecast a jump in revenue of as much as 5% in the first quarter over the same three months of 2024, while capacity will be flat or even down as much as 2%. "We do expect airfare to come up,
A lawsuit filed against Southwest alleges the airline operated multiple “chronically delayed” flights affecting thousands of passengers.
The DOT filed a lawsuit against Southwest Airlines, citing a pattern of chronic delays, as the government pushes for stricter accountability.
It’s possible to score Southwest Rapid Rewards points at a much lower rate right now thanks to the airline’s newest sale.
JetBlue is adding a new premium travel tier to its flights with perks including more leg room, two complimentary alcoholic drinks and early boarding as part of the airline’s blitz of higher-end options to draw more travelers to its flights.
The U.S. Transportation Department has sued Southwest Airlines for violating rules about setting realistic flight schedules. The department said Southwest
The Transportation Department is stepping up enforcement of persistent flight delays with a civil lawsuit against Southwest Airlines and a fine against Frontier Airlines.