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American Airlines CEO Lays Out Plan To Close A $3 Billion Profit Gap With United & Delta

American Airlines CEO Lays Out Plan To Close A $3 Billion Profit Gap With United & Delta

American Airlines plans premium cabin upgrades, new widebody jets, and better reliability as CEO Robert Isom targets a $...

Victoria Agronsky 1 week ago
Emirates Group Posts Record $2.8 Billion In Profit For H1 As Cabin Retrofit Investment Pays Off

Emirates Group Posts Record $2.8 Billion In Profit For H1 As Cabin Retrofit Investment Pays Off

Emirates has announced a record-breaking half-year profit before tax driven by solid demand across its businesses.

Simple Flying Editorial Team 1 year ago
American Airlines CEO Expresses Disappointment Over Q2 Results

American Airlines CEO Expresses Disappointment Over Q2 Results

The airline has taken immediate action to improve its financial outlook for 2024.

Steven Walker 2 years ago
Tough Economy: IAG Cargo Yearly Revenue Drops By Nearly 30%

Tough Economy: IAG Cargo Yearly Revenue Drops By Nearly 30%

IAG had also reported £2.3 billion in overall profit.

Andrew Crider 2 years ago
Post-Pandemic Shift: London Heathrow Airport Reports 1st Profit Since 2019

Post-Pandemic Shift: London Heathrow Airport Reports 1st Profit Since 2019

The airport has come a long way from its heavy pandemic-era losses.

Andrew Crider 2 years ago
Asia Pacific Air Cargo Recovery Is Starting To Drive Down Prices

Asia Pacific Air Cargo Recovery Is Starting To Drive Down Prices

WorldACD's most recent report on cargo transactions show strong performance in Asia-Pacific region accounting for the fi...

Andrew Crider 2 years ago
TAP Air Portugal Posts Its 1st H1 Profit Since 2019

TAP Air Portugal Posts Its 1st H1 Profit Since 2019

The Portuguese flag carrier is benefitting year-round from its financial restructuring program.

Luke Peters 2 years ago
How & Why Have Ancillary Purchases Increased In Importance For Airlines & Their Passengers?

How & Why Have Ancillary Purchases Increased In Importance For Airlines & Their Passengers?

The sale of additional products and services, including seat selection and bundled car rentals, contributes significantl...

Jonathan E. Hendry 3 years ago
Scoot Employees To Receive Bonuses Worth Six Months' Salary

Scoot Employees To Receive Bonuses Worth Six Months' Salary

Singapore Airlines' subsidiary Scoot is to give six months salary bonus after reporting record annual profit

Abid Habib 3 years ago
Low-Cost Carrier Market To See 5-Year Growth Of $248 Billion

Low-Cost Carrier Market To See 5-Year Growth Of $248 Billion

More fuel-efficient aircraft have contributed to the anticipated growth.

Channing Reid 3 years ago
AirAsia X Reports Significant Profit Jump In Q6

AirAsia X Reports Significant Profit Jump In Q6

The airline reached impressive figures on the back of strong passenger demand.

Gaurav Joshi 3 years ago
Robust Recovery: Ryanair Reports €1.37 Billion Half-Year Profits

Robust Recovery: Ryanair Reports €1.37 Billion Half-Year Profits

The low-cost carrier predicts sustained growth for the coming years.

Gaurav Joshi 3 years ago
JetBlue Posts Its 1st Quarterly Adjusted Profit Since The Pandemic's Start

JetBlue Posts Its 1st Quarterly Adjusted Profit Since The Pandemic's Start

JetBlue has reported profits for the third quarter of 2022.

Riley Pickett 3 years ago
Philippine Airlines Flies From Chapter 11 to A $72M Half Yearly Profit

Philippine Airlines Flies From Chapter 11 to A $72M Half Yearly Profit

A year ago, Philippine Airlines was busted out and about to enter Chapter 11. This week, it reported a $72 million half-...

Andrew Curran 3 years ago
Pandemic Profits: Australia's Biggest Airports Made Money During COVID-19

Pandemic Profits: Australia's Biggest Airports Made Money During COVID-19

Despite plunging passenger numbers and revenues, three of Australia's four biggest airports managed to make money over t...

Andrew Curran 4 years ago
Back In The Black: Norwegian Posts A Fourth Quarter Profit

Back In The Black: Norwegian Posts A Fourth Quarter Profit

Norwegian has reported impressive results for the end of 2021 despite the impact of Omicron.

Luke Peters 4 years ago
Record Profits For Alliance Airlines In 2021

Record Profits For Alliance Airlines In 2021

Andrew Curran 4 years ago
Impressive: Regional Carrier SkyWest Posts First Quarter Profit In 2020

Impressive: Regional Carrier SkyWest Posts First Quarter Profit In 2020

Jay Singh 6 years ago
Ryanair Reports Healthy Profits Despite MAX Grounding

Ryanair Reports Healthy Profits Despite MAX Grounding

Tom Boon 6 years ago