U.S. Airports Average Domestic Air Fare, ranked by year-over-year percent change. Source: US Department of Transportation, Bureau of Transportation Statistics; ATW Research From BTS: BTS reports average fares based on domestic itinerary fares. Itinerary fares consist of round-trip fares, unless the customer does not purchase a return trip. In that case, the one-way fare is included. Constant 2014 dollars are used for inflation adjustment.
Japan’s All Nippon Airways (ANA) reported net income of ¥3.5 billion ($34.4 million) for the first-quarter of the company’s fiscal year 2014 ended June 30, reversed from a net loss of ¥6.6 billion in the year-ago quarter.
Irish budget carrier Ryanair has stepped up its full-year net profit guidance nearly 5% to up to €650 million ($873 million), although it cautioned that fares are expected to decline in the second half.
The Civil Aviation Administration of China (CAAC) has approved the Aug. 1 launch of Urumqi Airlines, subsidiary of Hainan Airlines parent HNA Group, to further explore market potential in West China.
Grupo Aeroméxico incurred a net loss of MXP89 million ($6.9 million) in the second quarter, reversed from a net profit of MXP322 million in the 2013 June quarter.
U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the current week and comparisons to the same week for each year of the past decade. Figures are released every two weeks by the U.S. Energy Information Administration.
Worldwide airport passenger traffic grew 4.7% year-over-year in May, falling 2 points from April’s 6.7% growth and matching May 2013’s growth rate, according to Airports Council International (ACI).
ICAO, IATA and other major global aviation organizations are forming a high-level international task force of state and industry experts to look at airspace security issues raised by the shooting down of Malaysia Airlines Flight MH17 earlier this month.
French air accident investigators have read the flight data recorder (FDR) of the Boeing MD-83 that crashed in Mali while operating for Air Algerie, but work is continuing on the cockpit voice recorder (CVR), which was damaged on impact.
Calgary-based WestJet, which originally had 20 Bombardier Q400s on firm order, has converted an additional five of its 25 options into firm orders, in a deal valued at approximately $167 million based on current list prices.
Calgary-based WestJet next year will start flying Boeing 767-300ERs, the first widebody aircraft the low-cost carrier (LCC) will operate since its 1996 founding.
Florida-based Spirit Airlines posted a second-quarter net profit of $64.8 million, up 54.2% year-over-year from the low-cost-carrier’s (LCC) $42.1 million net income in the 2013 June quarter.
All Nippon Airways (ANA) has taken delivery of its first Boeing 787-9, becoming the first airline to operate both the 787-8 and 787-9 variants of the Dreamliner family when the airline launches 787-9 services on domestic Japanese routes in August.
Russia’s Ilyushin Finance Co. (IFC)—which has 32 Bombardier CS300s, plus 10 options, on order—has agreed to postpone delivery from November 2015 to April 2016.
FAA announced in a press release it is proposing a $12 million civil penalty against Southwest Airlines for failing to comply with federal aviation regulations in three separate enforcement cases related to repairs on its Boeing 737s.
