Southwest's CEO Bob Jordan said "our hearts go out" to people on the American Airlines flight involved in Wednesday night’s midair collision with a helicopter in the nation’s capital.

The fatal midair collision between an American Airlines passenger jet and a U.S. Army helicopter followed a string of near misses at airports over the last several years.

Southwest Airlines is getting set to completely overhaul its seating setup, with its first-ever assigned and extra-legroom seats officially launching next

JetBlue has brought some of its original A320s out of retirement to provide capacity for delayed and deferred A321 deliveries.

New flights have been added for Kansas City and Philly fans, with one airline adding flights on a route it doesn't normally serve.

Southwest Airlines Co. warned that costs will climb faster than expected as it grapples with heavy labor expenses, undercutting gains from strong demand for leisure travel.

A downbeat outlook tarnished an otherwise strong quarter for Southwest, which topped profit estimates on robust holiday travel.

The close calls coincide with a shortage of air traffic controllers that has delayed flights and raised safety concerns across the United States. The FAA in October opened an audit into runway incursion risks at the 45 busiest U.S. airports after a series of near-miss incidents.

Because of the tragic incident, Ronald Reagan National Airport will remain closed until at least 11 a.m. on Thursday.

The latest promotion also comes as JetBlue rolled out the ability to pay for flights with Venmo, the popular peer-to-peer payment app. Venmo is now present as a payment option on JetBlue’s website, though it will also become available on the airline’s mobile app later this year.

Venmo payment options are the latest announcement in a broader effort from JetBlue to enhance its services and boost profits. The struggling low-cost carrier has searched for new revenue streams as larger airlines introduce their own budget options, increasing competition for those flyers.

Airline stocks were mixed on Friday after Bank of America upgraded American Airlines Group Inc. and downgraded Southwest Airlines Co. and JetBlue Airways Corp., predicting that the network carriers will continue to outperform low-cost airlines due to demand for premium travel.