United shares sink 12% after CEO admits airline is in a ‘competitive hole’

United Airlines shares plunged 12% after CEO Oscar Munoz told investors the company has dug itself into «a little bit of a competitive hole.» During an earnings call Thursday morning, Munoz and other company executives faced a firestorm of questions from Wall Street analysts about the company’s performance. And, apparently, their answers did little to […]

Airports of the future take flight

Passenger"™ baggage is collected by robots, they relax in a luxurious waiting area complete with an indoor garden before getting a face scan and swiftly passing through security and immigration "“ this could be the airport of the future. It"™s a vision that planners hope will become reality as new technology is rolled out, transforming […]

Gol Linhas Aereas Inteligentes SA (GOL) Moves -2.26%

Needle moving action has been spotted in Gol Linhas Aereas Inteligentes SA (GOL) as shares are moving today on volatility -2.26% or -0.33 from the open. The NYSE listed company saw a recent bid of 14.25 and 42572 shares have traded hands in the session. As we head into the meaty part of earnings season, […]

Airlines Global Industry had a growth of 7.4% between 2012 and 2016 and is expected to rise further by 2022

The airlines industry comprises passenger air transportation, including both scheduled and chartered, but excludes air freight transport. · Industry volumes are defined as the total number of revenue passengers carried/enplaned (departures) at all airports within the specified country or region, excluding transit passengers who arrive and depart on the same flight code. · All currency […]

Embraer releases regional jet market forecast

The 2017 edition of Embraer"™s Market Outlook Report reviews market prospects in the regional jet segment over the period 2017-2036. Embraer has published the 2017 edition of its Market Outlook Report, reviewing market prospects in the regional jet segment for the next 20 years. The company expects world passenger traffic to maintain 4.5% annual growth […]

Global services market set to double over the next 20 years

The world"™s passenger aircraft fleet above 100 seats is set to more than double in the next 20 years to over 40,000 aircraft as traffic is set to grow at 4.4 percent per year, according to Airbu"™ latest Global Market Forecast 2017-2036. This forecast predicts that over the next 20 years the total industry aftermarket […]

Sky Airline"™s Price War Paying Off as It Snaps at the Heels of Latam

Sky Airline is on track to reach its target of 5 million domestic passengers in Chile before 2020 as the low-cost airline seeks to take market share from Latam Airlines SA, according to Luis Felipe Ross, the carrier"™s recently appointed chairman. While a price war in the local market has driven down costs for consumers […]

Global smart airports market share continue to grow by 2016-2024

Zion Market Research, the market research group announced the analysis report titled "˜Smart Airports Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016"“2024"™ Global Smart Airports Market: Overview Neither can a smart city exist without a smart airport nor can a smart airport exist without a smart city. The smart airport in the […]

Growing Fleet Lifts Copa Holdings’ Revenue Early in 2017

Copa Holdings (NYSE: CPA) is expanding its fleet, taking delivery of two 737s in the first quarter, upping the total fleet to 101 aircraft. And that’s helping growth along with rising demand for each seat the company has. The increased demand environment has been a boon for airlines recently, and as a low-cost operator, Copa […]