Airlines & Lessors
Jul 27, 2018
Alaska Air Group—parent of Alaska Airlines, Virgin America and Horizon Air—reported a 2018 second-quarter net income of $193 million, down 35% compared to net income of $293 million in the 2017 2Q. Revenue for the quarter was up 3% to $2.2 billion.
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.
Sep 12, 2024
Although Air India is moving closer to completing its Vistara merger, the Vistara brand may be around for the medium term, Air India CEO Campbell Wilson says.
Sep 12, 2024
Aegean Airlines reports positive Q2 results, despite Pratt & Whitney geared turbofan challenges forcing the grounding of several of its A320neo-family aircraft.
Sep 12, 2024
After announcing plans to shut a base in France, easyJet has now confirmed the closure of a base in Italy.
Sep 12, 2024
Shenzhen-based China Development Bank Leasing says that CDB Aviation Lease Finance has entered a purchase agreement with Airbus for 80 A320neo-family aircraft.
Sep 12, 2024
Sydney will become Turkish Airlines’ second destination in Australia from December.
Sep 11, 2024
A decision by Gary Kelly to step away from Southwest Airlines after nearly 40 years likely buys the airline time to present an updated business plan.
Sep 11, 2024
The UK government has canceled its bilateral air services arrangements with Iran, meaning Iran Air will not be able to fly to the UK.
Sep 11, 2024
EasyJet plans to close its two-aircraft base at Toulouse-Blagnac Airport but will continue to serve the city.