Speaking on the sidelines of IATA Caribbean Aviation Day, Trinidadian economist Marla Dukharan said that price competitiveness is a challenge.
The German government has sold its last shares in the country’s biggest airline, Lufthansa, which it stepped in to rescue at the height of the coronavirus crisis.
Spirit Airlines’ shareholders will vote on whether to approve JetBlue Airways’ $3.8 billion bid to purchase the low-cost carrier on 19 October.
Nevada-based discount airline aha! has stopped flying after its parent, ExpressJet Airlines, filed for bankruptcy protection and said it would sell its assets.
US personal consumption spending on recreation services is forecast to grow 9.9% annually in nominal terms through 2026.
U.S. consumers are breathing a bit easier now that gasoline prices have come down from record levels, but pump prices are still high.