Delta Air Lines has signed an agreement with Amazon Leo to provide high-speed satellite Wi-Fi on 500 of its aircraft starting in 2028, focusing initially on domestic Boeing and Airbus planes. This move aims to meet rising passenger demand for faster internet and enhanced in-flight entertainment, with potential for commerce opportunities through updated content and advertising. Amazon Leo's low Earth orbit satellites offer faster connectivity, and the company plans to expand its satellite constellation to 3,200 satellites. Meanwhile, American Airlines is also considering Amazon Leo for its in-flight upgrades, highlighting a competitive push among airlines to improve passenger experience with better internet and entertainment options.
United Airlines reported second-quarter earnings per share of $1.99, surpassing Wall Street estimates of $1.88, with revenue of $17.67 billion slightly above expectations. However, rising jet fuel prices, up 34% in July alone due to U.S.-Iran tension...
Oakmark Fund highlighted its positive outlook on the airline industry, particularly Delta Air Lines, expecting improved profitability after recent fuel price shocks. The fund also initiated new positions in Booking Holdings and Equitable Holdings, bo...
United Airlines announced it will offer customers the option to pay more to keep the middle seat empty on certain rows of its Airbus A321XLR aircraft, providing extra space and comfort. This upsell feature, common in Europe as a form of short-haul bu...
Delta Air Lines showed resilience in Q2 despite rising fuel costs linked to Middle East tensions by passing most of these costs to customers. Revenue grew due to higher premium fares and refinery income, but earnings fell by $500 million as expenses ...
The 2026 FIFA World Cup, hosted largely in the US, has driven significant traffic gains for major US airlines like American, Delta, and United. American Airlines added over 27,000 seats on routes to host cities, while United saw nearly a 20% booking ...
