Of all the benefits I get for reaching a high elite status level, there's one I don't want to do without. Here's why a certain type of first-class upgrade is my favorite perk.
Ryanair (RYAAY) reports an 11% year-over-year increase in June traffic. American Airlines (AAL) inks a conditional purchase agreement with a startup company.
The airline also increased its investment in the Hollister, California-based company as part of its Series C financing round, but did not disclose the details. American first invested and signed a memorandum of understanding with ZeroAvia, which is flight testing a prototype for a 20-seat plane, in 2022. The company is also designing an engine for larger aircraft such as the Bombardier CRJ700, used by American on some of its regional routes.