All Airlines articles – Page 160
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NewsSouthwest end-year meltdown costs $800 million, leads to Q4 loss
Southwest Airlines lost $220 million during the fourth quarter of 2022 after it was battered by a system-wide meltdown during the busiest travel days of the end-of-year holiday season.
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NewsAlaska posts $58m full-year profit on record revenues
Alaska Air Group posted record full-year operating revenues of $9.65 billion in 2022 and a net profit of $58 million for the year.
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NewsPilot shortages holding back American’s expansion
Pilot availability is still limiting the size of American Airlines’ operation, through the carrier says it has ramped pilot training to accommodate its planned 2023 fleet expansion.
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NewsJetBlue posts $24m profit in Q4 as travel spending outruns costs
JetBlue Airways posted a $24 million profit in the final quarter of the year as end-of-year travel spending rose to compensate for higher costs, especially for jet fuel.
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NewsWizz Air summer expansion based on ‘safe’ network growth: Varadi
While Wizz Air plans to increase its capacity 30% this summer, the airline’s chief executive Jozsef Varadi believe this represents a safe way of growing, given expansion is weighted on adding frequencies and has a focus on maturing markets.
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NewsJAL invests in sea-glider start-up Regent Craft
Japan Airlines Innovation Fund, the venture arm of the Japanese carrier, has invested in start-up sea glider developer Regent Craft.
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NewsWizz sees strong summer ahead as currency gains boost third quarter
European budget carrier Wizz Air is confident of returning to profit and pre-Covid utilisation in the next financial year after more than doubling its revenues in its latest financial quarter.
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NewsHawaiian restores flights between Honolulu and Fukuoka, Japan
Hawaiian Airlines is reinstating more flights to Japan, its most important overseas market, as it rebuilds its network in the Asia-Pacific region after almost three years of coronavirus-driven restrictions.
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NewsEasyJet expects to beat full-year profit expectations after cutting Q1 losses
EasyJet expects to beat current market expectations for full-year profits after narrowing losses in a stronger than expected first quarter of its financial year.
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NewsUnited takes 10% stake in Mesa Air Group, valued at $10.5m
United Airlines has taken a 10% stake in Mesa Air Group, the parent of Mesa Airlines, valued at $10.5 million.
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NewsAirbus to retrofit and upgrade nine A350 jets for Delta
Delta Air Lines has hired Airbus Services to retrofit and upgrade nine Airbus A350 aircraft that previously flew for LATAM Airlines Group.
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NewsBerlin airport to shut on 25 January, grounding 300 flights due to public sector strike
Berlin-Brandenburg airport will close completely on 25 January due to a nationwide warning strike by public service workers that will make operating flights from the airfield impossible.
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NewsAir India merger partner Vistara posts first quarterly profit
Vistara recorded a net profit before currency costs for the three months ending December, the first time the Indian carrier, a joint venture between Tata Sons and Singapore Airlines, has posted a profitable quarter since it began operations in 2015.
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NewsDelta to begin Los Angeles-Auckland flights in October
Delta Air Lines intends in October to begin flying for the first time between Auckland and Los Angeles, becoming the only US carrier connecting the two cities.
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NewsCathay flags steeper full-year net loss, but ‘excited’ about 2023 outlook
Cathay Pacific Group expects to report a steeper net loss for the 2022 financial year on the back of “significant losses” from its associates, but remains “encouraged” about its recovery in the new year.
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NewsSwansea airport eyes scheduled services return with Exeter link
Plans are under way to launch flights this summer from Swansea airport to Exeter, restoring scheduled operations at the Welsh airport for this first time since Air Wales stopped flying from there almost two decades ago.
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NewsFAA finds ‘unintentionally deleted files’ led to 11 January system outage
The Federal Aviation Administration (FAA) has identified “unintentionally deleted files” as the likely reason behind a system outage that led to nationwide flight disruptions.
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NewsSpirit Airlines selling 29 Airbus A319s amid fleet renewal
Spirit Airlines has entered an agreement to sell 29 Airbus A319s to Gryphon Trading Company for $152 million to $201 million, depending on price adjustments in the deal.
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NewsHawaiian Airlines’ pilots to vote on new contract
Hawaiian Airlines’ pilots have come to a tentative agreement with the airline on a new four-year contract.
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NewsColombia’s Aerocivil to again review proposed Avianca-Viva tie up
Colombia’s civil aviation authority has annulled its earlier rejection of a proposed merger between Avianca and financially strapped discounter Viva Air, saying it will restart a review without forcing the companies to re-apply.