All Airlines articles – Page 104
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News
Despite pilot shortage, SkyWest turns $48m Q3 profit
SkyWest made a $48 million profit in the third quarter despite its “crew imbalance” related to the global pilot shortage, chief executive Chip Childs said 27 October.
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News
Gol to add more 737 Max 10s from 2027 and taps ‘white-tail’ market
Brazilian carrier Gol has struck a deal with Boeing covering delivery of a dozen 737 Max 10 jets from 2027 as part of fleet plans which will also see it take ‘white-tail’ aircraft to help reach its target of having 44 Max aircraft by year-end.
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Riding strong demand, Southwest Airlines posts $277 million Q3 profit
Southwest Airlines reported a profit of $277 million in the third quarter thanks to “robust” demand for discount air travel, says chief executive Bob Jordan on 27 October.
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Frontier Airlines turns $33m Q3 profit on strength of demand for leisure travel
Frontier Group Holdings, parent of Frontier Airlines, reported a profit of $33 million in the third quarter of 2022 – the second consecutive profitable quarter for the Denver-based ultra-low-cost carrier (ULCC).
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Amid slow recovery, Spirit Airlines loses $36.4m in Q3
Buffeted by hurricane winds, higher fuel costs and operational constraints, Spirit Airlines reported a loss of $36.4 million in the third quarter of 2022.
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Surging revenue returns Gol to Q3 operating profit
Brazilian low-cost carrier Gol posted record revenues of R$4 billion ($750 million) and the highest yields in its history during the third quarter.
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Paris airports operator raises traffic outlook again
Paris airports operator Groupe ADP has further lifted its passenger traffic expectations for the year after a strong summer performance.
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WestJet’s acquisition of Sunwing raises red flags from competition regulator
A Canadian business-competition regulator has raised concerns about WestJet’s proposed acquisition of rival Sunwing Airlines, citing a “substantial lessening or prevention of competition in the sale of vacation packages to Canadians”.
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Heathrow lifts passenger outlook but flags demand return ‘a number of years’ away
London Heathrow airport’s operator still does not expect demand to return to pre-pandemic levels for “a number of years” despite raising its passenger forecast for this year after a strong summer.
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News
Norwegian trialling expansion beyond Nordics with Riga base
Norwegian views its plan to base two aircraft at Riga International airport from summer 2023 as a “kind of a test” regarding the viability of expanding beyond its current markets.
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Alaska orders 52 more 737 Max, preps to divest remaining Airbus jets
Alaska Airlines has ordered another 52 Boeing 737 Max jets and secured rights to purchase a further 105, aligning the airline’s future with the narrowbody as it aims to divest its remaining Airbus fleet next year.
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News
Air Canada orders another 15 Airbus A220s
Air Canada has ordered another 15 Airbus A220-300s in a deal that brings the Montreal-based carrier’s total orders for the Canadian-built type to 60 jets.
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Asiana returns sole 747-400 to passenger service in China ramp-up
Asiana Airlines is to resume operating its sole Boeing 747-400 – Asia-Pacific’s last in-service example – as it ups capacity on its China network.
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News
Hawaiian Airlines loses $9.3m in Q3 as ‘international network is still rebuilding’
Hawaiian Holdings, parent company of Hawaiian Airlines, reported a third-quarter loss of $9.3 million as the carrier continues its pandemic recovery.
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JetBlue squeezes $57m profit in Q3
Positioning itself to consume a rival low-cost airline amid concerns from federal antitrust regulators, JetBlue Airways has reported a $57 million third-quarter profit.
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Arab carriers urge governments to avoid repeating ‘draconian’ pandemic response
Arab airlines are urging governments to revise their approach to a potential future pandemic, including recognising that a rapid implementation of closing borders did not mitigate the spread of Covid-19. Speaking during a briefing at the Arab Air Carriers Organization conference in Abu Dhabi, secretary general Abdul Wahab Teffaha highlighted ...
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Airline Business
Can Argentina’s aviation sector tap growth potential?
Argentinian carriers young and old are seeking to take advantage of a post-pandemic tourism drive in the country, but the growth path ahead is far from certain.
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Volaris keeps foot on growth pedal but fuel costs drag down Q3 profits
Mexican low-cost carrier Volaris lifted revenues a fifth in the third quarter as its strong growth continues, but higher fuel costs dragged down its profits for the period.
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Bamboo Airways eyes alliance membership
Vietnam’s Bamboo Airways has hinted at joining an airline alliance as part of plans for longer-term growth.
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Virgin Australia ‘well advanced’ to profitability two years after exiting administration
Virgin Australia is on track to return to profitability in the year to 30 June 2023, two years after it left administration under owners Bain Capital, and as cost base restructuring efforts pay off.