American Airlines Group Reports Second-Quarter 2018 Profit

“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 trying for our customers and our team members; higher fuel prices increased our expenses by more […]

Revenue optimization strategy – The importance of premium economy cabin

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 hand, airline fares continue showing a downward trend especially in coach cabin. This has been accelerated […]

Peruvian aviation: steady domestic growth and airlines’ ambitions

Peru’s aviation market continues to hold much promise as the prospects for stimulation remain ripe. The country’s largest airline, LATAM Airlines Peru, logged solid passenger growth during 1Q2018. Peru’s second largest operator, Peruvian Airlines, continues to expand while aiming to launch a new subsidiary and promising to order up to 20 Russian-manufactured aircraft. The Viva […]

Global airline share price index has fallen by 14.3% YTD, says IATA

Global airline industry profitability was strengthening in Q1 2018 compared to the same quarter a year ago, while cash flow generation in the industry also picked up, according to the International Air Transport Association (IATA). In its June 2018 Airlines Financial Monitor released yesterday, IATA said global airline share prices fell for the fifth consecutive […]

Flights slowly resume in Haiti after gas price hike reversed but tensions remain high

At least three U.S. carriers resumed flying in and out of Haiti’s capital Sunday as the country attempted to return to normal following days of civil unrest that left businesses burned and looted, and saw streets barricaded with burning tires. Spirit and Jetblue airlines canceled flights to Haiti Sunday, but Delta’s flight from Atlanta landed […]

Passenger Demand Continues Strong Growth in May

The International Air Transport Association (IATA) announced global passenger traffic results for May showing that demand (measured in revenue passenger kilometers, or RPKs) rose 6.1% compared to the same month in 2017, which was a slight pickup from 6.0% year-over-year growth for April 2018. Capacity climbed 5.9% and load factor rose 0.1 percentage point to […]

15 Airlines Globally Earn Five Stars in OAG"™s Latest On-Time Performance Star Ratings

OAG, the global leader in flight information, has released its On-time Performance (OTP) Star Ratings, which accredits the top airlines and airports around the world for superior punctuality performance. Notable carrier performances across the globe include Qantas Airways and Qatar Airways (five stars each) and Delta Air Lines, United Airlines and KLM-Royal Dutch Airlines (four […]

Digital strategy alignment: Airlines and airport working together

Digital transformation has become a core strategy pursued by global airlines and airports as it has shown a positive impact in revenue optimizing while allowing cost reduction and productivity improvement opportunities. However, we rarely observe airlines and airports discussing a joint digital strategy in order to implement a mutual beneficial business model that will allow […]

Airlines to Trump administration: Don’t make us allow emotional support animals on board

Major carriers like American Airlines and Southwest Airlines are urging the federal government to no longer require them to allow emotional support animals on board. Airlines for America, an industry group that represents those carriers, this month told the U.S. Transportation Department that it should narrow the open-ended definition for «service animals» to only «trained […]