Airlines & Lessors
Jul 29, 2016
Embraer recorded a net income of $4.5 million for the half year ended June 30, compared to $72.5 million for the year-ago period.
Jul 29, 2016
Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported second-quarter net income of $60.8 million, up 12% from $54.3 million in the year-ago period.
Jul 29, 2016
US-based FedEx earned net income of $1.82 billion for its 2016 fiscal year ended May 31, up 73.3% over a net profit of $1.05 billion for the previous fiscal year, on a 6.1% year-over-year (YOY) rise in revenue to $50.37 billion.
Jul 29, 2016
Florida-based ultra low-cost carrier Spirit Airlines reported 2016 second-quarter net income of $73.1 million, down 4.7% from a $76.7 million profit in the year-ago period.
Jul 29, 2016
Japan Airlines (JAL) saw its net profit decline 55% to ¥14.7 billion yen ($143.6 million) in the three months through June 30, partly because of earthquakes in Kyushu and weakness in many global markets.
Dec 21, 2020
Employees of the former Alitalia, through their union, have spoken out against plans for the successor airline, now known as Italia Transporto Aereo.
Dec 21, 2020
In early December, as they limped towards a Christmas holiday season set to be marked by minimal demand, and with Brexit uncertainty on the horizon, executives at Europe’s airlines were probably thinking things could not get much worse. But then along came the latest piece of bad news.
Dec 21, 2020
The AirAsia Group reportedly is keeping just a small part of its Indian joint venture, ceding more control of the carrier to Indian conglomerate Tata Group.
Dec 20, 2020
The Netherlands has suspended its UK air links and several other EU countries are said to be considering similar measures, to avoid importing a more contagious strain of COVID-19.
Dec 18, 2020
U.S. carriers consumed 45% less jet fuel over the week of Thanksgiving 2020 than during the same period last year, new data from the Energy Information Administration (EIA) shows.
Dec 18, 2020
Just at U.S. airline stocks experienced a surge on positive vaccine news, the carriers themselves lined up to warn that bookings were softening due to a spike in COVID-19 cases.
Dec 18, 2020
There is uncertainty over the future of the national airline of Montenegro, after two government ministers expressed opposing views on the carrier’s prospects.
Dec 18, 2020
Latvian carrier airBaltic dispensed with its last remaining Boeing 737 on Dec. 17, a few days after accepting its latest Airbus A220-300s.