Infinium secures a $75 million investment commitment from Bill Gates’ Breakthrough Energy Catalyst and signs a fuel offtake agreement with American Airlines.
The cuts mean that 21 of 42 destinations (both year-round and seasonal) to which American Airlines has been flying from Austin will be dropped in early 2024.
By the end of December, American Airlines, Delta Air Lines and United Airlines will all be operating to Auckland Airport (AKL) in New Zealand from LAX.
Third-quarter results for U.S. airlines were mixed, as low-cost carriers struggled to turn a profit amid demand shifts and all-too-familiar constraints.
Once again operating an all-Boeing fleet, Alaska Airlines has sold its remaining Airbus aircraft to American Airlines for delivery in the next six months.
With ratification of their tentative agreement, United Airlines pilots have obtained improvements to pay and benefits—and triggered competitive snap-up clauses.
