Tag: Transportation

CEO of Dubai Airports anticipates passenger traffic to surpass 100 million by 2027

Dubai Airports CEO Expects Record Passenger Traffic Surge Paul Griffiths, the CEO of Dubai Airports, is optimistic about the future and predicts a surge in passenger traffic, with numbers expected to top 100 million by 2027. He attributes this projection to a combination of factors, including a shortage of aircraft capacity, efforts to promote Dubai […]

EasyJet shares decline due to profit shortfall and departure of CEO

Shares of EasyJet fell more than 7% on Thursday after the low-cost airline posted a slightly larger-than-expected loss in the first half of the fiscal year and announced the forthcoming departure of its CEO. The pre-tax losses came in at £350 million ($443 million) for the six months to March, higher than the £340 million […]

Boeing CEO Dave Calhoun voted back onto board

Boeing shareholders have voted to re-elect CEO Dave Calhoun to the board of directors, according to a preliminary tally released on Friday. This comes as Calhoun faces scrutiny amid the latest safety crisis at the aircraft manufacturer. Calhoun had previously announced his intention to step down by the end of the year, following an incident […]

Stellantis to bid farewell to Dodge and Ram leader Tim Kuniskis as he announces retirement.

Tim Kuniskis, head of Fiat Chrysler’s passenger cars division in North America, is retiring after a nearly 32-year career with the automaker and its predecessors. Kuniskis, who has led several of the carmaker’s brands in North America, is best known for leading Dodge for most of the last decade. He is considered the “father” of […]

Frontier Airlines eliminates change fees as part of pricing overhaul

Frontier Airlines announced a major change in their pricing model, following in the footsteps of larger competitors as the Biden administration cracks down on “junk fees.” The budget airline will no longer charge customers a fee to change their flights, a move that aims to make the booking process more transparent and customer-friendly. Previously, Frontier […]

Alabama Mercedes-Benz workers reject unionization effort

The United Auto Workers (UAW) suffered a setback as workers at the Mercedes-Benz plant in Alabama voted against union representation, according to the National Labor Relations Board. This outcome comes as a blow to the UAW, following their recent success in organizing Volkswagen plant workers in Tennessee. The vote saw 56% of the workers, totaling […]

Xpeng targets pre-orders for flying cars in 2021, with delivery set for 2026.

Xpeng’s “Land Aircraft Carrier” vehicle has a flying passenger drone hidden inside the truck. The drone can detach. Xpeng AeroHT, an affiliate of Xpeng, aims to deliver its flying car to customers in 2026, the Chinese electric vehicle maker’s co-president told CNBC on Friday. Last year, Xpeng AeroHT introduced the Land Aircraft Carrier — a […]

United Airlines receives approval from FAA to expand fleet and routes following safety evaluation

United Airlines has received clearance from the Federal Aviation Administration (FAA) to add new aircraft and routes, signaling a positive development for the airline after a period of increased scrutiny due to safety incidents. In a note to employees, United announced that the FAA’s Certificate Management Office has allowed the airline to restart its certification […]

Emirates Airline Achieves Record Annual Profit Amid Boom in Travel Demand

Emirates Airlines Reports Record Annual Profit in 2023-2024 Financial Year Dubai-based carrier Emirates airline has announced a record annual profit of 17.2 billion dirhams ($4.7 billion) for the 2023-2024 financial year, marking a 63% increase from the previous year. The airline, known as the flag carrier of the UAE, has experienced a strong recovery in […]

Airlines push back against Biden administration’s fee disclosure rule

The airline industry is facing pushback against a new Department of Transportation rule that requires earlier disclosure of add-on fees during flight booking. Major airlines, including Alaska, American, Delta, Hawaiian, JetBlue, and United, along with trade group Airlines for America, have filed a petition in the U.S. Fifth Circuit Court of Appeals to challenge the […]

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