SOUTHWEST had $367m net profit on record $7.4b revenues in 2Q24 vs $683m on $7.1b in 2Q23 and announced it is switching to assigned seats and will offer premium seating options. It expects to receive 20 737s in '24 vs 85 scheduled.
Abra Group, the main shareholder of Colombian airline Avianca and Brazilian LCC Gol, has signed a memorandum of understanding for five Airbus A350-900s.
The 2025 Paris Air Show will feature an increased emphasis on the space sector and advanced air mobility, with the Careers Plane and Paris Air Lab also set to reappear.
Air France-KLM has reduced its capacity growth outlook for the full year and says the Olympic Games have had a €40 million impact on its Q2 operating margin.
Boeing and the DOJ have finalized a proposed plea deal that would see the OEM admitting that it defrauded the government during the 737 MAX certification.
By Joe Anselmo, Christine Boynton, Jens Flottau, Guy Norris, Daniel Williams
At Farnborough Airshow 2024, an absence of new aircraft orders spoke volumes. Listen in as Aviation Week's team analyze the week, breaking down the deals that did take place and sharing the buzz from airlines, suppliers and manufacturers.
Ethiopian MRO, the maintenance division of Ethiopian Airlines, has agreed with ATR to develop repair and training capabilities from its base in Addis Ababa.
Avelo Airlines, the U.S. carrier launched in 2021, will operate international routes for the first time in November with service to Jamaica and Mexico from the northeast U.S.
EASYJET earned £236m on £2.6b revenues for third quarter ended June 30 vs £203m on £2.4b a year ago; ancillary revenues rose 11%. It ended quarter with net cash position of £456m vs £146m as at March 31 and now has 330 aircraft.
