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Airline industry faces a shakeup as jet fuel hits hard

The competitive landscape for U.S. airlines is confronting seismic turbulence as energy price spikes wreak havoc on the industry. Why it matters: Rising fuel and labor costs are squeezing airlines — and pushing higher fares and fees onto travelers already facing economic uncertainty.The big picture: Airlines are entering a shakeout — with consolidation talk rising...

Major UK airline plunges into liquidation

The airline has been in business since 2023. 07:29, Sun, Apr 12, 2026 Updated: 07:34, Sun, Apr 12, 2026 EL ALTO, BOLIVIA - FEBRUARY 28: A commercial plane flies over the area where the Bolivian Air Force plane that crashed in El Alto, Bolivia, on February 27, 2026. A Bolivian Air Force (FAB) Hercules aircraft

New Airline ‘Air Karachi’ Seeks License to Operate Flights in Pakistan

Air Karachi, a new airline supported by local investors, has applied for permission from the Civil Aviation Authority (CAA) to start domestic and international flights. The airline has submitted a detailed business plan and all necessary documents for approval. Air Karachi was officially registered with the Securities and Exchange Commission of Pakistan (SECP) in November

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Nestory Irankunda scores Australia’s first World Cup goal against Turkiye

Nestory Irankunda buried Australia’s opening goal of the 2026 FIFA World Cup on June 14, finishing a counter-attack in the 27th minute against Turkiye in Vancouver. At 20 years old, he became the youngest player in Socceroos history to score at a World Cup. The goal gave Australia a 1-0 lead in their Group D

Carlo Ancelotti takes responsibility for Brazil’s 1-1 draw with Morocco as crypto fan tokens enter the World Cup spotlight

Brazil opened their 2026 FIFA World Cup campaign with a 1-1 draw against Morocco on June 13, and Carlo Ancelotti accepted full responsibility for the tactical shortcomings that left the five-time champions splitting points in their Group C opener. Ancelotti promised improvement and reminded everyone that you don’t win a World Cup in your first

Scotland defeats Haiti 1-0 in World Cup opener, tops Group C

Scotland picked up their first World Cup victory in 28 years on June 13, beating Haiti 1-0 in their Group C opener at the 2026 FIFA World Cup. John McGinn scored the only goal of the match in the 28th minute, pouncing on a rebound after Haitian goalkeeper Johny Placide saved an initial effort from

Pyth Network Targets Bloomberg’s $50 Billion Market-Data Empire

Pyth Network is pushing deeper into the more than $50 billion market for financial data, launching 24/7 index products across metals, oil, and U.S. equities as it positions its onchain price feeds against incumbents like Bloomberg. Key Takeaways Pyth Network launched 24/7 indices for metals, oil, and U.S. equities, adopted by Coinbase and Kraken. Euronext

Macron and Trump test their bruised bromance at G7 summit

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