All Airlines articles – Page 27
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News
Comac delivers first ARJ21 converted freighters
Comac has delivered its first pair of ARJ21 converted freighters, as the airframer hails the “solid step forward” for China’s aerospace sector.
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Air Transat targets first flights to Africa in 2024
Canadian leisure carrier Air Transat is targeting Africa for the first time with plans to launch flights between Montreal and Marrakesh, Morocco in June.
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WestJet completes integration of discount subsidiary Swoop
Canadian airline company WestJet Group recently completed the integration of former low-cost subsidiary Swoop into its primary WestJet operation.
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Finally steady Air Canada makes C$1.25 billion third-quarter profit
Air Canada’s slow and painful recovery from the Covid-19 pandemic appears mostly in the rear-view mirror as the carrier reports reaching more stable ground during the third quarter.
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Saudi regulator sets out framework to give airlines and airports economic flexibility
Saudi Arabia’s civil aviation authority has adopted new economic regulations intended to raise air transport sector performance through competition and transparency, as part of Saudi efforts to transform the country into a global passenger and freight hub. The framework, centred on three areas, aligns with the kingdom’s ambitious Vision 2030 ...
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IAG positive on outlook but ‘mindful’ of geopolitical issues
While IAG gave relatively little away in terms of its full-year guidance after posting a strong set of third-quarter profits, this perhaps reflects confidence in the return of the fundamentals of the business more than a lack of visibility. IAG lifted operating profits 43% to €1.75 billion ($2.05 billion) in ...
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Newsletter
Why 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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IAG 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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MAVCOM 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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Mexico’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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SkyWest 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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United 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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SkyWest 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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Southwest 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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Southwest 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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Frontier 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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Frontier 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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Spirit 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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Air 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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JetBlue 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.