Transportation

Avis Budget: Commercial, Inbound Int'l Led Q1 ResultsBy Donna M. Airoldi

Avis Budget Group recorded the highest first-quarter revenue and number of transactions in company history, CEO Joe Ferraro reported Tuesday during an... KEEP READING

Uber Q1 Revenue, Bookings UpBy Donna M. Airoldi

Uber Technologies on Tuesday reported an improved first-quarter performance compared with a year prior. ... KEEP READING

Qantas Names CFO Hudson as Next CEOBy Donna M. Airoldi

Current Qantas Group CFO Vanessa Hudson will succeed CEO Alan Joyce when he retires in November, the carrier announced Tuesday. ... KEEP READING

Delta Air Lines' Ed Bastian Named CEO of the YearBy Elizabeth West

The Delta CEO becomes fourth travel industry leader named to the list since its inception in 1986.... KEEP READING

Etihad to Offer Updated Cabins on New DreamlinersBy Donna M. Airoldi

Etihad Airways plans to include updated business and economy cabins in three new Boeing 787 Dreamliner aircraft scheduled for delivery in the third... KEEP READING

Flydubai to Launch 'Business Suites' Before Year-EndBy Donna M. Airoldi

Flydubai plans to introduce its new premium Business Suite on its newest aircraft in November, with availability on up to six aircraft by the first... KEEP READING

DOT: February U.S. Air Cancellations Below 2 PercentBy Donna M. Airoldi

For the first two months of 2023, U.S. airline cancellations have stayed below 2 percent and were lower than last year's 2.7 percent, according to the... KEEP READING

Carriers' March On-Time Performance SlipsBy Donna M. Airoldi

On-time performance in March for North American carriers took a downward turn after improving the prior two months. ... KEEP READING

Southwest: March Managed Business Revenue Near 2019 LevelsBy Donna M. Airoldi

Southwest Airlines is seeing "strong business demand," said CEO Bob Jordan, and in March its managed business revenue was "nearly restored" to March... KEEP READING

American: NDC Results 'Extremely Encouraging,' Direct Share GrowsBy Donna M. Airoldi

American Airlines is "extremely encouraged" by the results and plans to continue rolling more of its selling and servicing tools into NDC, American... KEEP READING

Hertz: Q1 Demand Up, Corp. Rates RiseBy Chris Davis

Corporate rental car demand continued to improve in the first quarter, and corporate clients are renewing deals "often" at higher prices, Hertz Global... KEEP READING

Sabre to Distribute Air India Content Once AgainBy Michael B. Baker

Air India content will return to Sabre's global distribution system next month after a more than three-year absence per a new multiyear agreement... KEEP READING

Lyft to Lay Off 26 Percent of WorkforceBy Donna M. Airoldi

Lyft has announced a restructuring plan that will lay off 1,072 employees, about 26 percent of the company's workforce, according to a Thursday filing... KEEP READING

Virgin Atlantic to Resume Shanghai ServiceBy Donna M. Airoldi

Virgin Atlantic on May 1 will resume daily service between London Heathrow and Shanghai, the carrier announced Thursday. ... KEEP READING

USTA: Avoiding Flight Disruptions Demands Gov't InvestmentBy Michael B. Baker

Severe air travel disruptions could become everyday occurrences rather than isolated incidents on holidays and other peak travel times without... KEEP READING

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