North America – Page 2
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Airline BusinessWhy United’s ‘moat’ gives Kirby confidence high margins are structural
When United Airlines beat analyst expectations this week with a smaller-than-expected first-quarter loss and higher-than-expected revenues, one person who was not surprised was chief executive Scott Kirby.
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Airline BusinessSpirit Airlines on track for greater Q1 loss than expected
US discounter Spirit Airlines is bracing for a greater first-quarter loss than previously anticipated due to how it is accounting for $150-$200 million in compensation from Pratt & Whitney (P&W) for its grounded Airbus A320neo-family aircraft.
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Airline BusinessDelta’s Bastian upbeat on demand amid ‘most-constructive backdrop of my career’
Delta Air Lines chief executive Ed Bastian painted a positive demand picture after reiterating the airline’s full-year guidance today, describing the environment as “maybe the most-constructive backdrop” during his career.
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Airline BusinessFlair Airlines steady amid turbulent Canadian low-cost segment: CEO
Flair Airlines’ chief executive Stephen Jones is pushing back against suggestions that the Canadian low-cost carrier is struggling in the aftermath of competitor Lynx Air’s collapse.
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Airline BusinessStart-up carrier New Pacific pivots to charters as scheduled service lags
US start-up carrier New Pacific Airlines is pivoting to focus mostly on charter flights after struggling to catch on with its scheduled passenger service out of Southern California.
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Airline BusinessAirlines candid on Boeing concerns
Good weeks have been few and far between at Boeing for some time, but the past few days have proven particularly challenging as the airframer works to move beyond its various issues.
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Airline BusinessLagging Asia-Pacific leaves global airline traffic just short of 2019 levels
That the global airline industry is able to record a 17% year on year rise in passenger traffic for January 2024 and still be just below 2019 levels is a reminder of how nascent some aspects of its Covid-19 recovery are.
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Airline BusinessAmerican’s 85-strong Max 10 order includes ‘financial protections’ against delivery delays
Acknowledging that American Airlines’ order for an additional 85 Boeing 737 Max 10s is a “vote of confidence in Boeing”, airline executives say financial protections are built into the deal should the aerospace giant stumble further.
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Airline BusinessCosts still in sharp focus for USA’s short-haul carriers
The recent suggestion from Wizz Air chief executive Jozsef Varadi that short-haul air travel “is a cost game, not a revenue game” has pertinence beyond that airline’s markets.
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Airline BusinessAllegiant chief compares airline’s low-cost market to ‘private swim lane’
Amid intense competition in the North American low-cost segment, Allegiant Air is seeking separation from the pack by focusing on unique routes and flying primarily during peak air travel times.
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Airline BusinessHawaiian still searching for profits as Japan recovery drags
US airline group Hawaiian Holdings is still searching for the profitability that has mostly eluded it since the beginning of the Covid-19 pandemic nearly four years ago.
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Airline BusinessJetBlue slows aircraft delivery schedule as it expects no growth in 2024
Growth will be constrained for US carrier JetBlue Airways throughout 2024 as it expects double-digit numbers of Airbus A320s to be grounded for geared turbofan (GTF) engine inspections.
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Airline BusinessWhy United chief Kirby is unfazed by more operational and cost pressures in 2024
United Airlines chief executive Scott Kirby reflected during the carrier’s earnings call on 23 January that he mostly called 2023 right.
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Airline BusinessWhat next for JetBlue and Spirit after collapse of deal?
Whatever comes next, the court’s assertion that the ruling represents a “victory for consumers” will be tested
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Airline BusinessSpirit at risk of bankruptcy and liquidation as JetBlue deal falls through: TD Cowen
In the wake of a US judge’s decision to block JetBlue Airways’ attempted acquisition of Spirit Airlines, it is unclear how the respective low-cost carriers will chart paths forward.
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Airline BusinessAlaska initially offered $20 per share for Hawaiian but revised bid as stock slid
In its initial bid to acquire Hawaiian Airlines, Alaska Airlines offered $20 per share before the two sides eventually agreed on a final price of $18, as the Honolulu-based carrier’s stock lost two-thirds of its value during the second half of 2023.
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Airline BusinessSupply chain issues will plague aviation for some time: Delta CEO
Delta Air Lines’ chief executive Ed Bastian says supply chain issues will continue to plague the industry for some time, citing Pratt & Whitney’s engine recall as an example.
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Airline BusinessWhat does Boeing 737 Max 9 door incident mean for airlines?
The failure of a door plug on an Alaska Airlines Boeing 737 Max 9 jet on 5 January continues the commercial air transport industry’s inauspicious start to 2024 in safety terms
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Airline BusinessWhy airline industry focus is on the margins of profitability
Confirmation from IATA that the airline industry will return to collective profitability this year and that passenger volumes will shortly surpass pre-Covid levels is an indication that the sector has finally normalised.
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Airline BusinessAir Transat and Porter Airlines plan to take on Canada’s top airlines together
With plans to become more closely intertwined, Canadian carriers Air Transat and Porter Airlines are offering a “strong third option” to Air Canada and WestJet.