All Airlines articles – Page 24
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Airline BusinessSpirit Airlines cuts second quarter revenue expectations
Spirit Airlines has lowered its second-quarter revenue expectation to $1.28 billion from its previous estimate of $1.32-1.34 billion, as non-ticket revenue slipped below anticipated levels.
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NewsAlaska and Hawaiian request transfer of international route authority
The carriers are requesting the transfer of Hawaiian’s international route authority to potential parent company Alaska Air Group.
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NewsSkyWest introduces first Bombardier CRJ550 flying for Delta Connection
US regional carrier SkyWest Airlines has introduced into service the first of 19 Bombardier CRJ550s that it plans to fly under the Delta Connection brand.
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NewsVirgin Atlantic to drop long-standing Shanghai route
Virgin Atlantic will drop its Shanghai service this winter after 25 years as it further cuts its Asia-Pacific network amid the longer flying times necessitated by not being able to overfly Russia.
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Airline BusinessStruggling SpiceJet seeks fresh funds as profitability remains elusive
SpiceJet’s latest financial report – again released after a significant delay – is a reminder of how challenging India’s market can be, whatever potential it holds
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NewsSpiceJet in fundraising talks after cutting full-year losses
Indian low-cost carrier SpiceJet cut its full-year pre-tax losses to R4.1 billion for the year ended March 2024, after publishing its first set of financial results for six months.
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NewsSouthwest pilots missed vital NOTAM before early-morning closed-runway take-off
US investigators have disclosed that a runway-closure notice for Maine’s Portland Jetport was missed by pilots of a Southwest Airlines Boeing 737-700 before the aircraft departed the closed runway 29. Although the crew had seen a NOTAM listing the closure at weekends, the captain “incorrectly assumed” that the same NOTAM ...
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NewsA320 terrain near-collision inquiry: ILS ‘masking’ threat of mis-set altimeter
French investigation authority BEA believes the prevalence of ILS approaches has obscured an underlying vulnerability of aircraft to the risk of terrain collision arising from incorrect altimeter pressure settings.
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Airline BusinessWeek 29 2024: Earnings season continues after rocky start
The latter half of this week will see more airlines reveal their performances for the April-June period as the earnings season kicks into gear following a rocky start in some cases.
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Airline BusinessAirline news digest: 6-12 July 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline Business‘We are not happy’: Norwegian chief reflects on second-quarter challenges
Scandinavian low-cost carrier Norwegian observed softer-than-expected demand during the second quarter of this year, as its financial performance was also hit by a string of challenges.
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NewsAlaska Airlines sells 737 Max 9 with blown door plug back to Boeing
Alaska Airlines has sold the Boeing 737 Max 9 involved in the 5 January Alaska flight 1282 door-plug blow out back to Boeing for an undisclosed amount.
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NewsSouthwest Airlines and Archer team up to plan California air taxi networks
Southwest Airlines and Archer Aviation have signed a memorandum of understanding to create air taxi networks in and around cities in California served by the carrier.
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NewsGerman struggles prompt Lufthansa to cut full-year profit outlook for second time
Lufthansa Group has cut its full-year profit expectations for a second time after disclosing adjusted EBIT down more than one-third at €686 million ($745 million) for the three months ended June 2024.
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NewsDutch court backs ‘balanced approach’ over Schiphol airport capacity cuts
A Dutch court has ruled that a ‘balanced approach’ procedure must be followed in tackling noise issues at Amsterdam Schiphol airport, meaning different mitigating options are considered before any reduction in slots are implemented.
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Airline BusinessMixed picture emerges from Chinese airlines ahead of half-year results
China’s three largest carriers are forecast to continue their loss-making streak in their half-year earnings, in contrast to their smaller compatriots who expect to boost profitability.
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NewsNorwegian profits slip in second quarter
Scandinavian budget carrier Norwegian’s operating profit slipped 9% in the second quarter to NKr593 million ($55.3 million) compared with the same period last year, as the airline confirmed its recently lowered full-year profits outlook.
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Airline BusinessOversupplied domestic market hammers Delta’s second-quarter profit
Company executives point to US domestic excess passenger capacity as the primary culprit behind slimmer profits.
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Airline BusinessKLM chief works to overcome growth constraints on multiple fronts
KLM chief Marjan Rintel sees governments developing a better understanding of aviation’s importance as she grapples with a string of challenges relating to the Dutch flag carrier’s growth plans
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NewsDelta’s profit slips 29% year on year in second quarter
Delta Air Lines’ profit slipped in the second quarter compared with the same period last year, but the US carrier still delivered an operating margin of almost 15% for the three months ending 30 June.