Airlines & Lessors
Jul 26, 2018
Southwest Airlines posted a second-quarter net profit of $733 million, down 1.3% from net income of $743 million the 2017 June quarter, as fuel hedging insulated the carrier from the much larger year-over-year (YOY) profit drops being reported by rival major US carriers.
Jul 26, 2018
UK-based Flybe continues to make progress on its dual-track strategy of reducing capacity and developing routes, the regional carrier said July 26.
Jul 26, 2018
United Parcel Service (UPS) second-quarter 2018 net profit increased 7.3% year-over-year (YOY) to $1.5 billion.
Jul 26, 2018
The AirAsia X group improved its passenger load factor in the second quarter, thanks to stronger demand and changes to the group carriers’ network strategies.
May 31, 2022
Scandinavian Airlines (SAS) continues to face substantial structural cost challenges because its widebody fleet is not suited to the current market, according to the carrier’s CEO.
May 30, 2022
Norwegian Air Shuttle said it has reached an agreement in principle with Boeing for a recommitment to buy 50 Boeing 737-8 aircraft in a move that should draw a line under a legal dispute between the companies.
May 30, 2022
Vietjet Air is following through with its order for 200 Boeing 737 MAX family aircraft, which the LCC had put on hold after the grounding of the type in 2019.
May 30, 2022
Qatar Airways is increasing flight frequencies to three destinations in Saudi Arabia and is partnering with four carriers from neighboring countries to offer shuttle services during the FIFA World Cup Qatar 2022.
May 27, 2022
Southwest Airlines and JetBlue Airways upwardly revised their revenue forecasts for the 2022 second quarter (Q2), showcasing their continued ability to pass along higher prices for fuel amid a robust demand environment.
May 27, 2022
KLM has limited ticket sales for flights departing from its Amsterdam Schiphol hub until May 29 because of continuing severe staffing problems at the airport.
May 27, 2022
Roughly 10,000 pilots have exited the U.S. industry during the last couple of years.
May 27, 2022
UK leisure sector LCC Jet2.com plans to boost its capacity over the summer by leasing a pair of military Airbus A330-200s.