Airlines & Lessors
Oct 26, 2018
Alaska Air Group—parent of Alaska Airlines and Horizon Air— experienced a drop in net income for the third quarter in a row, as the company struggled to generate enough revenues to offset higher fuel costs.
Oct 25, 2018
South African Airways (SAA) is in line for another government bailout as part of a restructuring initiative aimed at restoring profitability by 2020-21. More cash is also in the works for regional carrier SA Express.
Oct 25, 2018
American Airlines posted a 2018 third-quarter net profit of $341 million, down 48% from $661 million in the 2017 3Q.
Oct 25, 2018
Finnair has been forced to downgrade its full-year outlook after the airline’s third-quarter net profit fell 13.9% to €80.5 million ($91.9 million), driven by exceptional weather conditions, a shortage of spare engines, stiff intra-European competition and higher fuel costs.
Oct 25, 2018
Fort Lauderdale-based ultra-LCC Spirit Airlines reported a 2018 third-quarter net profit of $97.5 million, up 38% from the $60.2 million reported in the same period last year, offsetting higher costs for jet fuel and personnel.
Oct 31, 2024
Air China, China Eastern Airlines and China Southern Airlines have reported varying earnings results for the first nine months of 2024.
Oct 31, 2024
The continued improvement in international passenger demand helped All Nippon Airways parent ANA Holdings post record revenues for the six months through Sept. 30.
Oct 31, 2024
Hurricanes Helene and Milton have had an outsized impact on Allegiant Air operations, with about 25% of its seat capacity still affected to varying degrees.
Oct 31, 2024
Arab airlines have called on countries to encourage the use of sustainable aviation fuels through incentives, rather than the threat of financial sanctions.
Oct 31, 2024
Apparent strong demand in the U.S. domestic airline market in the first half of 2024 was in the “eye of the beholder,” Airlines for America says.
Oct 30, 2024
The knock-on effects of Boeing’s strike-related inactivity are adding to fleet-planning and aftermarket support issues, AerCap CEO Aengus Kelly says.
Oct 30, 2024
Financial Q3 results for American Airlines, Delta, Southwest and United reveal strong operating performances and positive net results for three of the “Big 4.”
Oct 30, 2024
Riyadh Air has picked Airbus over Boeing to supply its first narrowbody fleet, placing a firm order for 60 Airbus A321neos.