Airlines' wild 2024: From Boeing troubles to a bankruptcy and a …

1 day ago · The airline started the year with the door-plug blowout of one of its new Boeing planes, which led to a temporary grounding of Max 9s, and later a payout from Boeing, which makes the Maxes a few ...

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Airline SAS Receives US Court Approval For Bankruptcy Restructuring

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Mar 19, 2024 · The company’s exit from bankruptcy will be financed by $1.21 billion in funding from hedge fund Castlelake, airline Air France-KLM, investment manager Lind Invest ApS and …

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Boeing's Brutal 2024 Keeps Getting Worse - Quartz

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May 7, 2024 · Boeing stock is down about 29% so far in 2024, making it one of the worst-performing stocks in the S&P 500. The company is borrowing $10 billion as it burns through …

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What happened in 2024?

The drama-filled year in airlines started with a midair door panel blowing off a nearly new Boeing 737 Max 9. 2024 also brought an activist campaign to Southwest, an IT meltdown that stranded hundreds of thousands of Delta travelers during the height of summer travel and the first major U.S. airline merger since 2011. ...

Is 2024 a good year for air travel?

2024 also brought an activist campaign to Southwest, an IT meltdown that stranded hundreds of thousands of Delta travelers during the height of summer travel and the first major U.S. airline merger since 2011. Holiday demand broke records and airline executives say bookings are strong into 2025. It's been another eventful year for U.S. air travel. ...

What happened to Barclays & American Airlines?

It signed a new credit card deal with its partner Citi, and will end things with its co-brand partner Barclays, a holdover from American's 2013 merger with US Airways. The budget carrier comedians love to hate saw its problems snowball this year, starting with a federal judge blocking Spirit's acquisition by JetBlue in January. ...

What happened to Hawaiian Airlines?

Months later, it was back to focusing on its nearly $2 billion acquisition of struggling carrier Hawaiian Airlines, a combination that got through antitrust regulators in the summer, marking the first merger of major U.S. carriers since Alaska bought Virgin America in 2016. ...

Is United a top-performing airline in 2024?

Its stock has more than doubled in 2024, becoming the top-performing carrier. United is introducing freshly outfitted narrow-body planes with new interiors featuring seat-back screens and Bluetooth connections into its fleet. ...

What happened to Boeing's MAX 9?

The airline started the year with the door plug blowout of one of its new Boeing planes, which led to a temporary grounding of Max 9s, and later a payout from Boeing, which makes the Maxes a few miles away in Renton, Washington. ...