SkyWest Inc., parent of SkyWest Airlines and ExpressJet, is continuing to benefit from its fleet transition and posted net income of $76 million in the second quarter, a 34% year-over-year improvement as revenue climbed 2% to $908 million.
Alaska Airlines will cut 2019 growth plans in half—part of a multi-pronged strategy to reduce costs and maintain margins as the airline continues to adjust following the acquisition of Virgin America and in response to higher fuel costs.
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 U.S. carriers.
Latvian carrier airBaltic could pursue an initial public offering (IPO) as one of its ownership options, as its 2018 performance continues to track ahead of 2017.
London Heathrow Airport handled a record 38.1 million passengers over the first six months of 2018, delivering a £232 million ($304.4 million) net profit.
Rep. Bill Shuster (R-Pennsylvania), chairman of the U.S. House Committee on Transportation and Infrastructure, stressed the urgency of passing long-term legislation reauthorizing FAA, and repeatedly called on the Senate to pass its version of the bill at a July 24 meeting of the Aero Club of Washington.
French hotel group AccorHotels said it was no longer interested in buying a minority stake in Air France-KLM, just under two months after it confirmed its interest in the airline group.
EasyJet said it launched its first flight from London Southend Airport in the UK to Bordeaux, France on July 25, as part of a plan to expand operations from the base that includes the arrival of a new aircraft.
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.
Despite generating more revenue than in any quarter in its history, a significant increase in fuel costs drove American Airlines’ second-quarter net profit down 35.5% year-over-year (YOY), leading the carrier to scale back capacity growth, defer 22 Airbus A321neo deliveries and make changes to its basic economy product.
Boeing executives remain confident in their ability to keep pushing 737 production rates higher while meeting delivery commitments, even as they acknowledge mounting pressure on their supply chain.
The European Union (EU) has published new rules, including provisions to support the mental fitness of air crew, psychological screening and drug and alcohol testing, in response to the 2015 Germanwings crash.
Fast-growing Norwegian has applied for a Swedish air operator’s certificate (AOC) in a bid to strengthen its foothold within the European Union (EU) and open up the possibility of increased traffic rights throughout Scandinavia to support expansion plans involving new destinations within and outside Europe.
Strength in the services segment and solid Boeing Commercial Aircraft volume helped Boeing offset nearly $420 million in KC-46 charges in the second quarter.
Oneworld connect partner Fiji Airways is considering possible investments and joint ventures (JV) with carriers in the South Pacific region, similar to what Ethiopian Airlines is doing on the African continent.
Boeing took a global social media audience to its production plant in Everett, Washington July 24 for an update on construction of the first 777X aircraft as the U.S. manufacturer transforms its legacy 777 line to the new generation models set to begin entry-into-service in 2020.
The ramp-up of geared turbofan (GTF) engine deliveries and stronger-than-expected aftermarket business for both Pratt & Whitney engines and UTC Aerospace Systems (UTAS) products helped United Technologies Corp. (UTC) boost second-quarter sales 9% and increase its full-year revenue guidance.
Irish LCC Ryanair has served 90 days “protective notice” on over 100 Dublin-based pilots and 200 cabin crew, in an escalation of a labor-relations dispute that will see it shift at least six Dublin-based aircraft to Polish charter carrier Ryanair Sun.
