Transportation

Qantas Invests in Carbon-Credit FundBy Donna M. Airoldi

Qantas is among three initial investors in a new fund that will "develop high-integrity, nature-based" carbon projects in Australia, the carrier... KEEP READING

DOT: May U.S. Carrier Cancellations Tick UpBy Donna M. Airoldi

The percentage of flights in May canceled by U.S. carriers increased to 1.4 percent, according to the U.S. Department of Transportation. ... KEEP READING

IndiGo to Add Business Class, Loyalty ProgramBy Donna M. Airoldi

Indian airline IndiGo is set to launch a loyalty program and add a business class cabin on certain domestic routes, the carrier announced this week.... KEEP READING

Royal Air Maroc to Add Toronto, Beijing ServiceBy Donna M. Airoldi

Moroccan flag carrier Royal Air Maroc on Dec. 8 will launch a new direct route between Casablanca and Toronto, the carrier announced Thursday.... KEEP READING

Wheels Up: 'Encouraging' Signs Despite Q2 Revenue DropBy Donna M. Airoldi

Private aviation provider Wheels Up on Thursday reported second-quarter revenue of $196.3 million, down from the $335 million a year prior. ... KEEP READING

Lyft Q2 Revenue Increases Amid Record RidershipBy Donna M. Airoldi

Lyft reported second-quarter revenue of more than $1.4 billion, up from $1 billion reported a year prior, on gross bookings of more than $4 billion, a... KEEP READING

Cathay Pacific Confirms Order for 30 Airbus AircraftBy Lauren Arena

Hong Kong-based carrier Cathay Pacific has agreed to purchase 30 Airbus aircraft as part of a wider $12 billion investment strategy to upgrade its... KEEP READING

Cirium: IT Outage Caused 'Notable' Decline in July Air On-Time PerformanceBy Donna M. Airoldi

The CrowdStrike and Microsoft IT outage was a cause in the "notable decreases" in July airline on-time performance scores, according to aviation... KEEP READING

Air Canada Q2 Corp. Demand 'Further Improves'By Donna M. Airoldi

Air Canada's second quarter featured "further improvements in the corporate recovery," particularly on the Canada-U.S. sector, Air Canada SVP of revenue... KEEP READING

Breeze to Begin Service at Newark AirportBy Donna M. Airoldi

Newark, N.J., is among five new cities that Breeze Airways will begin to serve later this year, the carrier announced Wednesday.... KEEP READING

Sixt Reports Record Q2 Revenue as N. America Leads GrowthBy Donna M. Airoldi

Germany-based car rental company Sixt on Wednesday reported record second-quarter revenue of more than $1 billion, up 8.9 percent year over year. ... KEEP READING

TravelPerk Adds NDC Content from EmiratesBy Michael B. Baker

Travel management platform TravelPerk has added New Distribution Capability content from Emirates to its booking platform, the 20th carrier to undergo... KEEP READING

Avis Budget: Q2 Revenue, Income DownBy Donna M. Airoldi

Avis Budget Group in the second quarter continued to limit its fleet to "ensure it is kept within demand," and in doing so sold in the first half of the... KEEP READING

Uber for Business Bookings 'Accelerated' in Q2By Donna M. Airoldi

Gross bookings growth for Uber's Uber for Business segment in the second quarter "accelerated" compared with a year prior, according to remarks released... KEEP READING

Delta to Expand Corp. Priority Benefits to LatamBy Donna M. Airoldi

Delta Air Lines "beginning this month" will expand its Corporate Priority benefits package to joint-venture partner Latam, available to travelers at... KEEP READING

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