Southwest Airlines to slash 15% of corporate jobs in ‘unprecedented’ move to cut costs

A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on December 13, 2024. Daniel Slim | Afp | Getty Images Southwest Airlines said Monday that it is cutting about 15% of corporate jobs, or about 1,750 people, a move its CEO called … Read more

Defense stocks drop after Trump says Pentagon spending could be halved

U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025. Kevin Lamarque | Reuters Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending. Trump said Thursday at the White House the U.S. could cut defense spending in … Read more

Investigation looking at altitude, staffing and communication

Search and rescue teams work in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol dome in the background, as seen from Virginia, U.S., Jan. 30, 2025.  Carlos Barria | Reuters WASHINGTON — How an Army Black Hawk helicopter collided … Read more

American Airlines jet collides with military helicopter near D.C. airport

A view of emergency response looking from Arlington, Va., south of Ronald Reagan Washington National Airport, across the Potomac River toward the District of Columbia, Wednesday, Jan. 29, 2025. Alex Brandon | AP An American Airlines regional jet with 64 people aboard collided with a Black Hawk military helicopter near Washington D.C.’s Ronald Reagan Washington … Read more

American Airlines (AAL) 4Q 2024 earnings

An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California.  Kevin Carter | Getty Images American Airlines‘ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending shares down more than 5%. The carrier forecast an adjusted loss per share … Read more

Boeing 737-800 is among world’s most common aircraft

A Jeju Air Boeing 737-800 taking off from Osaka Kansai airport.  Fabrizio Gandolfo | Lightrocket | Getty Images Accident investigators are trying to figure out what caused a Jeju Air flight to belly land without its landing gear down at Muan International Airport in southwestern South Korea, killing all but two of the 181 people … Read more

Boeing falls after South Korea orders B737-800 inspection

The wreckage of Jeju Air Co. Flight 2216 at Muan International Airport in Muan County, South Korea, on Monday, Dec. 30, 2024. SeongJoon Cho | Bloomberg | Getty Images Boeing shares were down more than 4% in morning trading Monday, after South Korea ordered an inspection of all 737-800 planes — the model involved in … Read more

A look back at U.S. airlines’ wild 2024, from door plugs to bankruptcy

People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024.  Megan Varner | Reuters It’s been another eventful year for U.S. air travel. Just five days into the year, a door panel blew off of a nearly new Boeing 737 … Read more

American Airlines temporarily grounded flights due to technical glitch

American Airlines planes sit by their gates at the Miami International Airport on October 25, 2024 in Miami, Florida. Joe Raedle | Getty Images American Airlines grounded its U.S. flights Tuesday morning due to a technical problem, snarling travel during what carriers expect to be a period of record demand for the holidays. By 7:55 … Read more