IAG Is Serious About Growing Its Low-Cost, Long-Haul Airline
IAG"™s testing of the low-cost, long-haul market with a virtual airline seems to have paid off. Its success shows that the model is here to stay. We"™ll be keeping a close eye on how this affects the legacy carriers, including those in IAG"™s own brand stable. When IAG launched Level, its low-cost, long-haul airline in […]
Embraer and Austral Líneas Aéreas Extend Pool Program for E-Jets
Embraer and Austral Líneas Aéreas, Aerolíneas Argentina"™s domestic airline, have extended their Flight Hour Pool Program agreement until 2021 to continue providing repairable component support for the carrier"™s fleet of 26 E190 jet aircraft. The announcement was made during the Embraer Operators Conference, held in Fort Lauderdale, Florida, from October 31st to November 2nd. The […]
Which airline was just voted the best in the world for the fifth year running?
The world"™s best airline for 2018 has been announced "“ and the winner is no stranger to the accolade, picking up the top gong for the fifth time in a row. Air New Zealand is the recipient of the number one placing by AirlineRatings.com in its annual assessment of the world’s carriers, ranking ahead of […]
Volaris posts $40 million 3Q net profit despite natural disasters
Mexico City-based ultra LCC Volaris posted its first quarterly profit of 2017, reporting MXN731 million ($40.2 million) in third-quarter net income, down 27.6% from MXN1 billion in 3Q 2016. "Demand and traffic patterns, despite a competitive fare environment, had been sequentially improving, but in September, natural disasters in Mexico and in the region temporarily interrupted […]
Lufthansa and Orlando International Airport commemorate ten-year partnership
Lufthansa celebrates a decade of nonstop air service between Orlando, Florida and Frankfurt, Germany. Exactly ten years ago to the day, Lufthansa flight LH 464, an Airbus 330-300, arrived at Orlando International Airport (MCO) for the first time, marking the opening of Lufthansa?s 20th North American gateway. This route was the first of any airline […]
United Completes Last International Flight for Boeing 747 Fleet
After departing Seoul-Incheon Airport one last time, United Airlines flight 892 touched down at 11:00 a.m. on Sunday at San Francisco International Airport. The arrival of this flight marked the last international regularly scheduled flight for the airline"™s Boeing 747. The airline flew its 374-seat jet from its San Francisco hub to many Asian destinations […]
American Airlines 3Q profit falls on higher costs, storms
American Airlines said Thursday that third-quarter profit fell on higher costs and the effect of three hurricanes, but it sees stronger pricing power ahead. The airline predicted that a key measure of prices would be stronger in the fourth quarter than it was in the third because of improving demand for both business and leisure […]
Air Canada Reports Record Third Quarter 2017 Results
Air Canada today reported record third quarter 2017 EBITDAR(1) (earnings before interest, taxes, depreciation, amortization, impairment and aircraft rent) of $1.388 billion compared to the previous record third quarter 2016 EBITDAR of $1.248 billion, an increase of $140 million. The airline recorded a record third quarter EBITDAR margin of 28.4 per cent. On a GAAP […]
Southwest: The One Airline to Buy Now
One company"™s numbers will soar above all its peers. That company is Southwest Airlines (LUV). It"™s the one airline stock to buy now. Southwest transports over 115 million customers annually to over 100 locations in the U.S., Central America and the Caribbean. The company is based in Dallas and has 55,000 employees. On October 11, […]
Airlines around the world get ready for new US security rules from Thursday
New security measures including stricter passenger screening take effect on Thursday on all US-bound flights to comply with government requirements designed to avoid an in-cabin ban on laptops, airlines said. Airlines contacted by Reuters said the new measures, which could include short security interviews with passengers, would be in place by Thursday. They will affect […]
