The Emirates Group reported record financial results for the 2025–26 fiscal year, with profit before tax of AED 24.4 billion (USD 6.6 billion), a 7% increase on the prior year.
Spirit Aviation Holdings Inc.is winding down operations after the troubled US discount carrier buckled under the weight of surging fuel prices and a government bailout dangled by US President Donald Trump fell through. Bloomberg Intelligence Senior Aerospace, Defense, and Airlines Analyst George Ferguson and Bloomberg News White House Correspondent Jeff Mason join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
The collapse of Spirit Airlines is cascading through airports across the US, leaving passengers stranded mid-journey and sending rival carriers into rapid-response mode to contain the damage. Airlines for America President & CEO Chris Sununu joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
President Donald Trump says the federal government was still looking at a rescue plan for Spirit Airlines and would offer a final proposal soon during remarks with reporters at the White House.
Qantas Group has prolonged network reductions through 2026-27, redirecting jets to high-demand Europe routes as Middle East tensions drive jet fuel toward record highs.
Airbus's adjusted earnings before interest and tax and revenue both fell short of analyst estimates in the first quarter, dragged down by a steep earnings drop at the main aircraft making subsidiary. The company said it's confident it can achieve its full-year aircraft delivery and earnings targets. Bloomberg's Benedikt Kammel reports.
JetBlue Airways Corp. reported a larger than expected first-quarter loss on higher fuel costs and volatile demand. The carrier said it plans to recapture 30%-40% of fuel costs in the second quarter. Tom Fitzgerald of TD Cowen examines the results on "Bloomberg Surveillance."
United Airlines Holdings Inc. Chief Executive Officer Scott Kirby said Monday that he approached American Airlines Group Inc., laying out the benefits of a merger, but talks have ended. The Bloomberg Surveillance team has more.
President Donald Trump said he is considering having the US purchase Spirit Aviation Holdings Inc., saying it could be a potentially good investment for the federal government. "We'd be getting it virtually debt free. They have some good aircraft and good assets," the president told reporters Thursday. Bloomberg's Benedikt Kammel reports.
Higher fuel prices due to the war in Iran are weighing on American Airlines. The carrier lowered its full-year earnings target even after beating on earnings for the quarter. Bloomberg's Siddharth Phillip reports.
