Chilean airline Latam is the “preferred operator” to add a new weekly flight between the Falkland Islands and South America, the islands’ government said on Thursday. There are already three weekly flights to the islands, which sit off the…
“This was perhaps the most challenging quarter for the American team since our merger with US Airways in 2013,” said American’s Chairman and CEO Doug Parker. “We had an operational disruption at our PSA Airlines subsidiary that was extremely…
Southwest Airlines posted a second-quarter net profit of $733 million, down 1.3% from net income of $743 million the 2017 June quarter, as fuel hedging insulated the carrier from the much larger year-over-year (YOY) profit drops being reported by…
More diversity is required for airlines at the senior leadership level. The new COO and President of JetBlue Airlines is Joanna Geraghty. She wants to build her reputation on something other than gender. In may, she became the executive…
Zurich-based carrier Swiss WorldCargo, the air cargo division of Swiss International Airlines, has gained its CEIV-Pharma certification this week, assuring that all segments of its supply chain network, operating in more than 84 countries, meet the strict temperature-control standards…
Growth continues to rise but issues remain to solve infrastructure and profitability woes. International Air Transport Assocation (IATA) Director General and CEO Alexandre de Juniac has hailed domestic growth in India, but warned that the country still faces infrastructure…
Today, more than ever lowering unit costs is a key strategic initiative for airlines. Recent fuel price escalation in addition to maintenance and labor cost pressures are challenges airlines need to focus on to protect margins. On the other…
Saudia Cargo boss to offer expertise and advice on issues including cargo security, technology and distribution. Saudia Cargo Chief Executive Omar bin Talal Hariri has been appointed to the IATA Cargo Committee. Hariri has joined the 19-strong committee which…
International Airlines Group (IAG) has appointed Vincent Hodder as chief executive of LEVEL, its low-cost airline brand. Vincent has over 25 years’ experience working with airlines around the world including low cost carriers such as Jetstar in Australia and…
Revenue increased to $24.3 billion reflecting 194 commercial deliveries and higher defense and services volume GAAP EPS of $3.73 and core EPS (non-GAAP)* of $3.33 on solid execution across the company Strong operating cash flow of $4.7 billion; repurchased…
