All Airlines articles – Page 26
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NewsletterWhy Latin American airline sector struggles to make money
While it is hardly unusual to hear airline leaders calling for lower taxes and better infrastructure, the frustrations voiced by Latin American airline leaders come against a backdrop where region-wide profitability remains elusive despite traffic and revenue highs.
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NewsIAG carriers top pre-Covid levels as group posts Q3 profit of €1.7bn
IAG posted a 43% jump in operating profits to €1.75 billion ($2.05 billion) for the third quarter on continued strong demand which drove passenger revenues up a fifth for the period.
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NewsMAVCOM intensifies investigation into collapsed MYAirline
Police have arrested some of the grounded airline’s carriers on allegations of money laundering, unliicensed deposit-taking schemes, and fraud.
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NewsMexico’s VivaAerobus posts $56m profit during third quarter
Mexican low-cost carrier VivaAerobus earned $56 million during the third quarter of 2023, its second consecutive quarter with a profit, as demand was high and fares improved.
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NewsSkyWest profitable in Q3 as block hours fall
US regional carrier SkyWest Airlines earned $23.5 million during the third quarter, down from $48.3 million last year as it flew 10% fewer block hours.
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NewsUnited plans flights to 38 European destinations next year
United Airlines will fly to 38 European destinations during the 2024 northern hemisphere summer travel season, including the only flight between the New York City metropolitan area and Faro, Portugal, as well as new connections to Reykjavik, Brussels, Rome and Malaga.
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NewsSkyWest orders 19 new E175s to fly on behalf of United
US regional carrier SkyWest Airlines will acquire 19 new Embraer 175s to fly under contract for United Airlines.
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NewsSouthwest third-quarter profit falls 30% to $193m as expenses rise
Southwest Airlines reported a 30% decline in profit as increasing costs outweighed strong leisure demand and additional ancillary and loyalty programme revenue during the summer travel season.
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NewsSouthwest orders 108 Boeing 737s and takes more order options
Southwest Airlines has restructured its order book with US airframer Boeing, planning to receive up to 216 more 737 Max between 2023 and 2031.
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NewsFrontier reports lacklustre Q3 results as it struggles in ‘over-saturated’ core markets
Frontier Group Holdings struggled with soft third-quarter demand in its core markets and operational difficulties that company executives attribute to air traffic controller shortages.
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NewsFrontier adopting European ultra-discounter strategies amid ATC-related disruptions
Biffle describes how the Denver ultra-low-cost carrier is shifting its network and capacity strategy partly in response to ongoing operational difficulties it attributes to ATC staffing shortages.
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NewsSpirit Airlines posts ‘disappointing’ third-quarter results on price weakness
Spirit Airlines lost $158 million in the third quarter of 2023 as the carrier experienced price weakness in its core markets.
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NewsAir France-KLM renews and deepens partnership with Gol
Air France-KLM and Brazilian carrier Gol have reached agreement to renew their existing co-operation for a further 10 years.
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NewsJetBlue urges DOT ’countermeasures’ against KLM over potential Schiphol slot losses
JetBlue Airways recently called on the US Department of Transportation (DOT) to retaliate against Dutch carrier KLM if JetBlue is expelled from Amsterdam’s Schiphol International airport due to capacity cuts.
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NewsJetBlue adds Dublin and Edinburgh to its European palette
JetBlue Airways is adding Dublin and Edinburgh to its palette of European destinations beginning in March.
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NewsMore than half of Volaris’ Airbus jets may require Pratt engine inspections
More than half of Volaris’s fleet could be affected by the Pratt & Whitney GTF engine issues, the low-cost carrier’s executives say.
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NewsVolaris posts third-quarter loss, gears up for GTF mitigation and more US flights
Mexican discount carrier Volaris lost $39 million in the third quarter of 2023 and is planning to beef up its service to the USA while warning about flight disruptions caused by Pratt & Whitney (P&W) engine issues.
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In depthCaribbean carriers seek collaborations to attract Latin American vacationers
As small Caribbean and Central American airlines struggle with taxation and infrastructure issues that also plague their much larger Latin American peers, the carriers are working on creative ways to boost connectivity and attract an increasingly travel-savvy South American clientele to their part of the hemisphere.
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NewsWalsh urges others to learn from Europe ‘mistakes’ on aviation environmental policies
IATA director general Willie Walsh is urging other regions not to repeat what he calls the mistakes policy-makers in Europe have made in tackling aviation’s impact on environment.
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NewsHawaiian Holdings loses $49m amid Q3 engine issues and sagging demand
Hawaiian Holdings reported a second-quarter loss of $48.7 million during the third quarter as the airline company continues to be affected by engine issues and the Maui wildfires.