COPA Holdings SA: Copa Holdings Reports Net Income of $136.5 million and EPS of $3.22 for the First Quarter of 2018

Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the first quarter of 2018 (1Q18). The terms ‘Copa Holdings’ and ‘the Company’ refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS […]

Aeromexico Reports 1Q18 Results

Grupo Aeromexico S.A.B. de C.V. («Aeromexico») (BMV: AEROMEX), today reported its unaudited consolidated results for the first quarter 2018 (1Q18). KEY FINANCIAL HIGHLIGHTS FOR THE FIRST QUARTER 2018 Grupo Aeromexico’s first quarter 2018 revenue reached $16.3 billion pesos, a 15.4% year-on-year increase. First quarter 2018 RASK increased by 0.2% year-on-year, despite a 7.8% appreciation in […]

JetBlue Announces Fourth Quarter 2017 Results

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 decrease year over year. Yield per passenger mile in the fourth quarter was 13.57 cents, up […]

Azul Reports Record Third Quarter Results

Azul S.A., "Azul" (B3:AZUL4) (NYSE:AZUL) the largest airline in Brazil by number of cities and departures, announces today its results for the third quarter of 2017 ("3Q17"). The following financial information, unless stated otherwise, is presented in Brazilian reais and in accordance with International Financial Reporting Standards (IFRS). Financial and Operating Highlights for 3Q17 Operating […]

IATA debuts virtual ground ops training platform

The International Air Transport Association (IATA) launched RampVR, the industry"™s first virtual reality (VR) training platform for ground operations, at a ground handling conference in Bangkok. "Improving ramp safety and reducing damage to aircraft and ground equipment through better education and training is an industry priority, but training in this extremely active environment can be […]

Airlines face difficulty as they report lower profit margins, Iata says

The operating environment for global airlines will remain challenging after carriers in regions such as Europe reported lower first-quarter profit margins on higher costs and weak yields, the International Air Transport Association (Iata) reported. European carriers reported a drop in earnings before interest and taxes (EBIT) margins during the first quarter, while North American and […]

GOL Reports Net Revenues of R$2.6bn and EPS of R$0.46 for 1Q17

GOL Linhas Aereas Inteligentes S.A. («GOL»), (NYSE: GOL and B3: GOLL4), Brazil’s #1 airline, announces today its consolidated results for the first quarter (1Q17). All information is presented in accordance with International Financial Reporting Standards (IFRS) and in Brazilian Reals (R$), and all comparisons are with the first quarter of 2016 unless otherwise stated. Operating […]

Atlas has acquired all 20 767s to be operated for Amazon

Atlas Air Worldwide Holdings has secured all 20 Boeing 767-300s it will wet lease to Amazon, according to president and CEO Bill Flynn. Purchase, New York-based Atlas has also secured freighter conversion slots for all of the used aircraft. It is additionally acquiring one spare 767-300 to dedicate to Seattle-based Amazon. Atlas last year inked […]