Airlines & Lessors
Jul 22, 2016
American Airlines reported a 2016 second-quarter net profit of $950 million, down 44.3% from $1.7 billion in net income in the 2015 June quarter, as revenue fell 4.3% year-over-year to $10.36 billion.
Jul 22, 2016
Hawaiian Airlines’ parent Hawaiian Holdings reported a 2016 second-quarter net profit of $79.6 million, up 62.9% from its $48.8 million net profit in the year-ago quarter.
Jul 21, 2016
Boeing announced Thursday it will recognize financial charges totaling $2.1 billion related to three aircraft programs in its second-quarter earnings results next week.
Jul 21, 2016
Southwest Airlines canceled hundreds of flights following a systemwide technology outage that began at 1 p.m. CST Wednesday, July 20.
Jul 21, 2016
Dallas-based Southwest Airlines posted a 2016 second-quarter net income of $820 million, up 34.9% year-over-year (YOY), compared to a net profit of $608 million in the year-ago quarter.
Dec 11, 2020
Southwest Airlines is not backing down from plans to aggressively expand into new markets, even after warning thousands of employees of possible furloughs beginning early in 2021.
Dec 11, 2020
Irish carrier Aer Lingus is seeking permission to enter the UK-U.S. transatlantic market from next summer, with an initial three routes planned from a new base at Manchester Airport (MAN).
Dec 11, 2020
A rebound in its charter business and a new cargo operation with Amazon are helping ULCC Sun Country Airlines weather the COVID-19 crisis better than its larger legacy peers.
Dec 11, 2020
Ukraine International Airlines (UIA) is preparing to restore its entire route network for summer 2021, when it aims to reach 64% of 2019 passenger volumes, the carrier said Dec. 10.
Dec 11, 2020
U.S credit rating agency Fitch Ratings anticipates further airline failures in 2021, although the COVID-19 vaccine could see pent-up leisure traffic rebound during the second half.
Dec 11, 2020
The Civil Aviation Administration of China (CAAC) has approved the launch of four new international passenger routes, including services to destinations in Europe, Africa and North America.
Dec 11, 2020
Singapore will relax quarantine restrictions for passengers arriving from Taiwan on Dec. 18 after deciding that the risk of importing cases from the country is low.
Dec 10, 2020
Mesa Airlines reported its second consecutive quarterly profit, boosted by the strength of its major airline partnerships amid a period of consolidation among U.S. regional carriers.