American Airlines said it lost an estimated $75 million in pretax earnings from the three hurricanes that struck the Caribbean and U.S. mainland in August and September.
Southwest Airlines weathered hurricanes and a competitive fare environment to post a 29.6% year-over-year (YOY) net profit gain in the third quarter, and it is confident about its prospects for 2018.
Passenger revenue and strong yield performance on Air Canada’s Atlantic routes helped to propel record 2017 third-quarter results, as the airline reported 950 million Canadian dollars ($740 million) in adjusted net income, up 15.7% from C$821 million in adjusted net income for Q3 2016.
PARIS—Airports operator Groupe ADP said revenues rose in the first nine months of the year, as low-cost companies and international traffic gave a boost to its airports here.
Thai Airways is in the final stages of assessing its options for major new aircraft orders, even while it is still receiving more widebodies from existing orders.
Industry broadly welcomed President Trump’s launch of a pilot program engaging state and local governments in the development of federal UAV regulations.
Korean Air is confident it will receive its first Bombardier C Series aircraft this year or early next, after its timetable was affected by program delays.
New security rules that the U.S. and some other countries are imposing on inbound foreign flights are causing significant hassle and are costly to implement.
Customer demands and expectations will be the disrupting force in the aviation business, rather than technology firms, according to panelists speaking at the IATA World Passenger Symposium here.
