Airlines & Lessors

A significant rise in traffic and revenue could not offset higher fuel prices for Japan Airlines (JAL), with the carrier reporting a drop in net profit for the three months through June 30.

Former Lufthansa Cargo CCO and executive board member Alexis von Hoensbroech will take over as CEO of Austrian Airlines on Aug. 1.

Lufthansa Group delivered a €677 million net profit for the first half of 2018, however flight cancellations and expansion of LCC Eurowings burdened group earnings.

Canada's WestJet posted a 2018 second-quarter net loss of C$20.8 million ($15.9 million), falling into the red as rising fuel prices and other challenges overwhelmed rising revenues and passenger loads.

All Nippon Airways (ANA) Holdings’ net profit dropped sharply in the quarter ending June 30, although the carrier still expects to achieve its profit target for the full year.

Saudi Arabian Airlines (Saudia) reported what it described as significant growth in passenger traffic in the first half of 2018.

The AirAsia Group showed strong load factors, as the group rapidly increased its fleet size and capacity.

Latvian flag carrier airBaltic posted a first-half revenue of €180.8 million ($216.7 million), a 19% increase over the same period last year. Passenger numbers for the half-year grew 20% year-over-year (YOY) to 1.9 million.

UK travel operator Thomas Cook has denied reports that it has imminent plans to sell off its airline division, but left the door open to future fleet developments.

Netherlands-based lessor AerCap posted a second-quarter net profit of $254.2 million, down 10% year-over-year.

Air Canada is “extensively” studying its capacity projections for late 2018/2019 and has confirmed it will reduce its growth rate, but has not finalized the timing or extent of its changes, top executives said.

Singapore Airlines (SIA) Group has reported a net profit of S$149 million ($109.3 million) for the June quarter in its fiscal first period, down 57% year-over-year (YOY) from net profit of $346.5 million in the year-ago period.

Cebu Pacific has reached a deal to lease five Airbus A320neos to add to its fleet, which will allow the airline to accelerate its expansion plans.

The air transport industry is growing and doing well, but the business environment feels slightly cooler.

After a long spell impacted by regional economic turmoil, Latin American airlines see the return of normal operations.

Europe has seen a year of change, and the final outcomes are still not clear.

Asia-Pacific still the fast-growth region, but competition softens profits.

Some bright spots in a challenging landscape.

After years of record profits, the region’s airlines are experiencing some turbulence as costs rise and growth plans are called into question.

South African regional carrier SA Express has received the go-ahead to restart services, nine weeks after the country’s civil aviation regulator grounded the airline.

Aeromexico is leveraging network discipline and new ancillary revenue generation to offset rising fuel costs, domestic inflation, a weakening peso and overcapacity in some key markets,

SkyWest Inc., continuing to benefit from its fleet transition, posted net income of $76 million in the second quarter, up 34% from net income of $50.5 million in the 2Q 2017.

Five best performing in net profit, operating revenue, passengers carried, revenue per kilometer

Rankings based on net profit, net loss.

Ranked by passengers and aircraft movements.