Cost of flights to hit record high next year amid aircraft supply crisis ...

Airfares are set to hit record highs next year and there will be a surge in flight cancellations as a result of critical shortages of plane ...

Cost of flights to soar to record high as aircraft supply crisis leaves ...

Airfares are set to hit record highs next year and there will be a surge in flight cancellations as a result of critical shortages of plane ...

Airfare Predictions 2025: Why Travelers Could See Higher Ticket ...

With aircraft production slowing, travelers will likely face higher summer airfare costs due to airlines struggling to match soaring demand.

Flight costs expected to keep rising: trade group - CTV News

The cost of your next flight is likely to go up. That's the word from the International Air Transport Association, which held its annual ...

Global Airline Capacity Shortage Why Flight Prices Will Stay High ...

This labor crunch is forcing airlines to make difficult decisions, including cutting their flight schedules. Reducing flight frequency further ...

Airfares likely to remain high in 2024 amid aviation's green push and ...

Consumers can expect ticket prices to continue to track rising costs, particularly oil prices, global airlines body Iata says.

Ryanair Profits Plunge 20% Amid Fare Cuts and Boeing Delays

This move, while effective in boosting the number of travelers by 9% year-over-year, proved costly. Although the airline managed to attract a ...

Airline Capacity Shortage Drives Ticket Prices Up 25% in 2024

This mismatch between available flights and passenger desire has fueled a dramatic 25% jump in ticket prices this year – the largest increase on ...

Why supply constraints are clouding the skies for airlines - ING Think

Demand for older, used aircrafts is also going up. On the back of this, used market prices and lease rates have risen significantly, especially ...

Airlines struggle with lack of planes as summer travel set to hit ...

The global airline industry is facing a summer squeeze, with travel demand expected to surpass pre-pandemic levels while aircraft deliveries ...

Airlines soar - Aviation Leaders Report 2024 - KPMG Ireland

IATA forecasts airline net profit to reach $25.7bn in 2024 (industry net profit in 2019 was $26.4bn) with a 2.7% net profit margin (3.1% in 2019) ...

Boeing CFO comments on deliveries, cash flow after Max crisis

Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says · Boeing's CFO forecast the company would have ...

Inflation Frustration: Our Q2 U.S. Airline Review

It's still a good time to be a longhaul airline. But 2023 increasingly looks like a high point. Sure enough, other travel companies are waiving ...

Australia's Qantas lifts domestic revenue estimates, shares hit record ...

The airline said domestic demand for travel was stronger than expected and also lowered first-half jet fuel costs after a drop in global prices ...

The New Era of Aviation and Aerospace: 2024 Edition - Newsweek

Amid an intensive, high-profile and ongoing FAA investigation into compliance issues at ... this figure at 2 percent only two years ago.

Global Outlook for Air Transport Deep Change - IATA

... prices to record highs, which could also impact profitability this year. ... aircraft were added, bringing the backlog to an all-time high.

How the crisis at Boeing could make your next vacation more ... - CNN

The grounding of some planes and delayed deliveries of new aircraft will mean that fares in the United States “should stay elevated through 2024 ...

Big Airlines To Benefit From Summer Travel Boom, Low-Cost ...

Airlines are gearing up for another strong summer of travel as pent-up pandemic demand and savings continue to drive bookings even in the face of big ...

Amid a crisis, Boeing reports record orders and best deliveries in ...

Deliveries for the year reached 528 jets, up 10% from 2022, and more than it delivered in 2020 and 2021, combined. Trailing Airbus. But the bad ...

MRO Outlook 2024: 7 Challenges You Must Know | Satair

Certainly, there is a global shortage of aircraft parts, which can be attributed to low post-pandemic retirement rates: 463 in 2021, 503 in 2022 and a similar ...