We are pleased to send you herewith the March report of the Airlines Financial Monitor. Key points: * The final data for Q4 2017 confirms the stabilisation in airline financials in 2H17. The industry-wide EBIT profit margin was a…
Crude oil and jet fuel prices are currently almost 30% higher than their level of a year ago; the International Air Transport Association (IATA) has said, but noted it does not expect significant change in oil prices over the…
Boeing CEO Dennis Muilenburg says it"™s possible that humans will set foot on Mars in the next decade, and he"™s convinced the first people will get there on a Boeing-built rocket. Muilenburg"™s comments, made today during a Q&A at…
IATA is increasing its Montreal headquarters operations with the expansion of its Financial and Distribution Services (FDS) division. The move is expected to take staff numbers in Montreal to more than 400, with the addition of 27 full-time job"”some…
Pan-European air traffic control agency Eurocontrol on Tuesday warned airlines to exercise caution in the eastern Mediterranean due to the possible launch of air strikes into Syria in next 72 hours. Eurocontrol said that air-to-ground and cruise missiles could…
Azul announces the lease of two used Boeing 737-400F to support the rapid growth of its cargo business unit, Azul Cargo Express. Both aircraft are expected to be delivered during the second half of this year. As a result,…
Minister of Public Infrastructure David Patterson, said he is delighted that American Airlines will begin airlifting passengers to Guyana from December of this year. Patterson who has made a name for him self as one of the hardest working…
Boeing and Embraer are likely to reach a deal after months of talks, Brazil"™s new defense chief said, opening the door to the second alliance between major planemakers in six months. Negotiators "are getting closer" to an agreement, Defense…
On Tuesday, the Cabin Crew Union of LAN Express, a subsidiary of the Chile-based LATAM Airlines group, is starting a strike after mediation with their government failed to create a new labor contract. The strike is to affect all…
When it comes to flying, choosing an airline that is comfortable, affordable, and above all else, reliable can be of the utmost importance, whether you are travelling for business or pleasure. With that in mind, personal finance website WalletHub…
