Making news earlier this month was the International Air Transport Association (IATA) announcing that it will cut profitability expectations for the airline industry. Primarily, rising fuel and labor costs are weighing down sentiment for airliners. Additionally, the...
The airlines industry could be in big trouble. Qantas Airways Ltd. (OTCMKTS: QUBSF) recently made an announcement that it had rejected the remaining eight A380s it had on order from Airbus Group SE (OTCMKTS:EADSY). The reason for the cancellation is demand, namely,...