American Airlines Group Inc. on January 25 reported its fourth-quarter and full year 2017 results, including these highlights: Reported a full year 2017 pre-tax profit of $3.1 billion, or $3.8 billion excluding net special items1, and a full year…
The A350-1000, the newest member of Airbu"™ leading Widebody family, has embarked on a three-week Demonstration Tour to the Middle-East and Asia-Pacific region. The Demonstration Tour follows the completion of a successful flight test campaign, which lasted less than…
JetBlue reported fourth quarter operating revenues of $1.8 billion. Revenue passenger miles for the fourth quarter increased 3.1% to 11.5 billion on a capacity increase of 5.1%, resulting in a fourth quarter load factor of 83.1%, a 1.6 point…
Airbus Chief Human Resources Officer Thierry Baril praised Turkey as a strategic spot for investment. «We have done investment in Turkey. We are doing it and we will continue to do it. This is one of the most effective,…
Air Canada today welcomed the announcement by the Government of Canada and Government of Israel of an expanded air transport agreement between the two countries. With the revised agreement Air Canada will look to further expand its services between…
Brazil"™s Congress will finalize as soon as February legislation opening the way for deregulation of flights to and from the United States, Minister of Tourism Marx Beltrao said on Wednesday. Beltrao said he also expects legislators to approve a…
Brazilian-Chilean carrier LATAM"™s Boeing 777-300ER fleet will be gradually retrofitted, beginning from the second half of 2018. According to LATAM Brazil"™s CEO, Jerome Cardier, the decision marks the confidence the subsidiary has on the model and, above all, the…
The Boeing Company (NYSE:BA) stock had an outstanding 2017 as the company benefited from ongoing strength in the industry and internal execution on its aircraft platforms. In order to assess whether the company will have a similarly successful year…
A bet on airline stocks by Warren Buffett’s Berkshire Hathaway lost more than $700 million in value in a sector-wide rout, fueled by worries of an upcoming fare war between carriers. The value of the Berkshire’s stakes in United,…
The International Air Transport Association (IATA) and ENAV, the Italian Air Navigation Service Provider, have agreed to develop and implement an Italian National Airspace Strategy. ENAV and IATA will strengthen their existing cooperation for this initiative, which is aimed…
