JetBlue Airways missed investor consensus expectations by a wide margin in the second quarter (Q2), as higher spending on fuel and salaries, combined with investments to shore up its operation, took a toll on its bottom line.
Airports in Fujian, the province facing Taiwan, has seen mass cancellations of commercial flights as China goes into a “war-like” footing ahead of a highly controversial visit by U.S. House Speaker Nancy Pelosi to Taiwan.
Brazilian airline GOL is not enduring significant delivery delays in its Boeing 737 MAX fleet and expects to end the year with 44 of the narrowbodies in its fleet.
Vietnam’s Bamboo Airways has elevated its Executive Deputy General Director Nguyen Manh Quan to CEO after incumbent Dang Tat Thang resigned from the top job as well as that of chairman.
Frontier Airlines may have lost the bidding war for Spirit Airlines, but its future as a standalone carrier looks bright—especially with its largest ULCC competitor now out of the picture.
All businesses within the International Airlines Group (IAG) have now returned to profitability at the operating level and the Group expects to record an operating profit for the full year.