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IATA Reports Slowdown in Passenger Traffic Growth for 2019
IATA reported on Thursday that full-year 2019 global passenger traffic demand or revenue passenger kilometers (RPKs) grew by 4.2% year...
Feb 6, 20202 min read
Spirit Airlines Reports Fourth Quarter Net Income of $81.2M, Full Year Net Income of $335.3M
Spirit Airlines reported on Wednesday a fourth quarter net income of $81.2M or diluted earnings per share (EPS) of $1.18. For the full...
Feb 5, 20203 min read
Ryanair Reports Third Quarter Net Profit of €88M; Announces New London Southend Service
Ryanair reported a net profit of €88M or basic earnings per share of €0.08 for the third quarter on the back of increased Christmas and...
Feb 3, 20203 min read
Hawaiian Airlines Reports Net Income of $49.7M For Fourth Quarter, $224M For Full Year 2019
On Thursday, Hawaiian Airlines announced a fourth quarter GAAP net income of $49.7M, an increase of $18.9M versus Q4 2018 and a diluted...
Jan 30, 20202 min read
Allegiant Travel Reports $60.5M Net Income for Fourth Quarter, $232.1M For Full Year 2019
Allegiant Travel Company announced on Wednesday a 46.1 percent increase in fourth quarter net income to $60.5M versus Q4 2018. For the...
Jan 29, 20202 min read
Delta Air Lines and Wheels Up Close Deal Combining Delta Private Jets With Wheels Up
Delta Air Lines announced on Wednesday the closing of the transaction to combine Delta Private Jets with Wheels Up. The deal will now...
Jan 29, 20202 min read
Boeing Reports Expected Fourth Quarter and Full Year Loss Associated With 737 MAX, Market Shrugs
Boeing announced a fourth quarter and full year loss on Wednesday, attributable to the continued grounding of the 737 MAX. For the fourth..
Jan 29, 20202 min read
Alaska Airlines Reports Fourth Quarter Net Income of $181M, $798M For The Full Year 2019
Alaska Airlines announced on Tuesday their fourth quarter and full-year 2019 financial results. The carrier reported a net income of...
Jan 28, 20203 min read
Azul Updates Fleet Plan, Subleases 53 Embraer E195s to LOT and US Startup Breeze Aviation Group
Brazilian carrier Azul announced on Tuesday that they have updated their five-year fleet plan as they transition to next-generation...
Jan 28, 20203 min read
LOT Polish Airlines Parent Company PGL Acquires Condor Airlines
On Friday, the Polish Aviation Group (PGL), parent company of LOT Polish Airlines announced the acquisition of German leisure carrier...
Jan 24, 20202 min read
JetBlue Reports Net Income of $161M for Fourth Quarter, $569M for Full Year 2019
On Thursday, JetBlue reported a fourth quarter net income of $161M, a quarterly diluted earnings per share of $0.56. For the full year...
Jan 23, 20202 min read
Southwest Airlines Reports $514M Fourth Quarter Net Income, $2.3B for Full Year 2019
Southwest Airlines announced their 47th consecutive annual profit on Thursday. The airline reported a net profit of $514M or a diluted...
Jan 23, 20203 min read
American Airlines Reports Net Income of $414M for Fourth Quarter, $1.7B for Full Year 2019
On Thursday, American Airlines Group reported fourth quarter and full year profit for 2019. The company reported a Q4 earnings per...
Jan 23, 20202 min read
United Airlines Reports Net Income of $641M for Fourth Quarter, $3B for Full Year 2019
United Airlines announced Tuesday that they have reached their 2020 adjusted earnings per share target a year ahead of schedule. The...
Jan 21, 20202 min read
South African Airways Puts Nine Airbus A340s up For Sale as They Renew Widebody Fleet
South African Airways announced Thursday that they are selling a total of nine Airbus A340s including five A340-300s and four A340-600s to..
Jan 18, 20202 min read
Ryanair CEO calls ‘Foul’ on Special UK Government Treatment for Flybe
Joining a growing chorus of UK airlines, Ryanair published a strongly worded letter from CEO Michael O’Leary complaining about the...
Jan 16, 20202 min read
SAS Renews Partnership With Tour Operator Apollo in Deal Worth SEK 1.4 Billion
SAS announced on Thursday that they have reviewed their partnership with tour operator Apollo for summer and winter 2020. With the...
Jan 16, 20202 min read
Azul Acquires Brazilian Regional Carrier TwoFlex For R$123 Million
Azul Linhas Aéreas Brasileiras (Azul) announced Tuesday that they have signed an agreement to acquire Brazilian regional carrier Two Taxi...
Jan 15, 20201 min read
Delta Air Lines Announces 2019 Pre-Tax Income of $6.2B on Record Annual Revenue of $47B
On Tuesday, Delta Air Lines reported their 2019 fourth quarter and full year financial results. In the fourth quarter, the airline...
Jan 14, 20202 min read
British Regional Carrier Flybe Reportedly on The Brink of Collapse Once Again
After receiving a lifeline by a Virgin Atlantic-led consortium last year, Sky News is reporting that Exeter-based Flybe is frantically...
Jan 13, 20202 min read
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