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Flights will still take off and travelers can keep booking tickets, the low-cost carrier said, as the company enters Chapter 11 bankruptcy. Spirit Airlines https://www.nytimes.com/2024/11/18/business/spirit-airlines-bankruptcy.html on Monday after struggling with [...]

The carrier's woes are part of a summer full of problems for Europe's travel industry, including staffing shortages and walkouts by fed-up employees. A day after its pilots went on [...]

COMPANIES Toshiba Separates Energy And Computer Units Embattled Japanese technology conglomerate Toshiba said Friday it is restructuring to improve its competitiveness, spinning off its energy infrastructure and computer devices businesses. [...]

AIRLINES Delta Taps SkyMiles Program In Hope of Raising $6.5 Billion Delta Air Lines said Monday that it hoped to raise $6.5 billion in bonds and loans backed by its [...]

Lego: https://www.reuters.com/article/us-lego-results/lego-sales-surge-as-housebound-families-turn-to-play-idUSKBN25T11Q Virgin Atlantic: https://apnews.com/2ab64ec086bc1396a1212292df15e9a0 Intel: https://www.reuters.com/article/us-intel-chip/intel-releases-new-laptop-chips-to-confront-apple-rising-rivals-idUSKBN25T2LE TOYS Jump in Lego's Sales Interlocks With Lockdown Sales of Lego jumped 14 percent in the first six months of the year as [...]

AVIATION Lenders Give Jet Airways Interim Financing Plan Creditors of the bankrupt airline Jet Airways agreed on Friday to provide some interim financing to help it cover legal costs and [...]

ENERGYExxon Silent on Oil Search Halted Off Guyana CoastExxon Mobil and a seismic research company it hired to search for oil off Guyana's coast declined on Monday to say when [...]

Malaysia Airlines has begun giving out $50,000 in advance insurance payments to families of people aboard the missing Flight 370, but many Chinese relatives have indicated that they will reject [...]

Scrambling to stave off an imminent collapse of Alitalia, the airline's board voted unanimously late Friday to approve a rescue package of 500 million euros, or $676 million, for the [...]

Pinnacle Airlines, a regional carrier that flies under contract for Delta, United Continental and US Airways, has filed for bankruptcy protection to deal with its mounting debt. The airline, which [...]

''It helps to prop up the banks for a while, which is going to buy time for Europe to fix the problem.'' Burt White, the chief investment officer at LPL [...]

THE airlines use the phrase ''irregular operations'' to refer to travel disruptions caused by blizzards, power failures and thunderstorms. But what happened in the wake of the Icelandic volcano eruption [...]

With the ink barely dry on a landmark aviation treaty between the United States and Japan, a billion-dollar bidding war escalated Wednesday over which American carrier would team up with [...]

Japan Airlines said it had obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company from grounding flights. The airline signed an […]

Passengers flying out of Heathrow Airport in London endured a sixth day of disruption on Tuesday as airlines weighed the possibility of seeking compensation from the airport operator and the […]

An internal American Airlines Web site, briefly open to the public last week, casts a light on the airline's efforts to save money and its concerns about competition from a [...]

British Airways, facing tough competition from budget airlines and coping with surging fuel costs, said it planned to reduce expenses by £450 million ($780 million) over the next two years […]