Dallas-based Southwest Airlines has reported a second-quarter net income of $224 million, down 1.8% from a net income of $228 million in the year-ago quarter.
United Airlines parent United Continental Holdings (UCH) earned net income of $469 million in the second quarter, up 38.3% over a net profit of $339 million in the prior-year period.
Singapore Airlines Group (SIA) posted a net profit of S$121 million ($95.6 million) for its fiscal first quarter ended June 30, up 56.2% over net income of S$78 million in the prior-year quarter.
EasyGroup Holdings, the private investment vehicle of EasyJet founder Stelios Haji-Ioannou, has elected to take newly issued Fastjet shares in lieu of all royalty and consultancy payments due to EasyGroup up to Dec. 31.
Boeing reported a second-quarter net profit of $1.09 billion, up 12.5% over net income of $967 million in the June 2012 quarter, boosted by a 15% year-over-year revenue improvement in its Commercial Airplanes unit.
Florida-based Spirit Airlines earned a second-quarter net profit of $42.1 million, up 21.6% compared to a net income of $23.4 million in the year-ago period.
Hawaiian Holdings, parent of Hawaiian Airlines, reported a second-quarter net income of $11.3 million, nearly tripling the $3.9 million net profit in the year-ago quarter.
ATW’s January-June Top 20 Airline Traffic report reveals Delta Air Line’s ongoing system traffic dominance with RPKs of 151 billion, followed by United Airlines with 140 billion RPKs, Air France-KLM (109.7 billion), Emirates Airline (101.4 billion) and AMR Corp. [American] (101.4 billion).
Hawaiian Holdings, parent of Hawaiian Airlines, reported a second-quarter net income of $11.3 million, nearly tripling the $3.9 million net profit in the year-ago quarter.
Under protest, Ryanair has tabled a remedy proposal by the UK Competition Commission (UKCC), saying it is willing to sell its 29% stake in Aer Lingus to any carrier that acquires more than 50.1% of Aer Lingus’ shares.
Southwest Airlines said Tuesday that the Boeing 737-700 that suffered a nose gear collapse on landing at New York LaGuardia yesterday entered service in October 1999 and was last inspected July 18, just four days before the incident.
Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported second-quarter net income of $25.8 million, up 2.3% compared to $25.2 million in the 2012 second quarter.
American Airlines has taken delivery of its first Airbus A319, the first of 260 planned Airbus narrowbody deliveries as part of its fleet renewal program.
United Parcel Service (UPS) posted a second-quarter net profit of $1.07 billion, down 4% from $1.12 billion in net income in the prior-year period, as total revenue grew slower than expenses.
