IAG registra un sólido crecimiento en sus beneficios y confirma su optimismo para 2024
En un año marcado por una demanda de viajes sólida y sostenible, el grupo IAG anunció resultados financieros positivos para el ejercicio 2023. Con un enfoque en la transformación y el impulso del crecimiento a largo plazo, la compañía ha destacado un aumento significativo en sus beneficios operativos y una mejora en su posición financiera. […]
Delta Air Lines announces December quarter and full year 2022 profit
Delta Air Lines (NYSE:DAL) reported financial results for the December quarter and full year 2022 and provided its outlook for the March quarter 2023. Highlights of the December quarter and full year 2022 results, including both GAAP and adjusted metrics, are on page five of the full release and are incorporated here. «Delta people rose to […]
All IAG’s airlines to post profit this year, CEO Gallego says
All the airlines owned by International Airlines Consolidated Group (ICAG.L) will end this year with a profit, CEO Luis Gallego said on Wednesday. IAG, which owns British Airways, Iberia, Vueling and Aer Lingus, among others, had said previously it expected to return to an overall profit after a two-year crisis caused by the COVID-19 pandemic, […]
IAG returns to profit in second quarter
International Airlines Group has published its results for the second quarter of 2022, showing an operating profit of €293 million. The figure compares to a loss of €967 million for the same period in 2021, and follows “strong recovery in demand across all airlines” in the group. Second quarter passenger capacity was at 78 per […]
Has airline profitability peaked, asks IBA?
As the Farnborough Air Show approaches, leading aviation consultancy IBA, analyses current trends and issues its predictions for the remainder of 2018 as part of its general market update. Macroeconomic outlook, OEM activity, aircraft orders, fuel and lease rates are some of the key themes that IBA addresses in this month"™s report. The main topics […]
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 […]
GOL announces operating profit of R$388 million in 4Q17, up 96% over 4Q16 and a quarterly record since 2011.
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil’s #1 airline, announces its consolidated results for the fourth quarter (4Q17). All information is presented in accordance with IFRS. Financial and Operational Highlights: Significantly improved operating indicators: for the quarter, RPKs increased by 8.0% (from 9.2 billion in 4Q16 to 9.9 billion in 4Q17), […]
American Airlines sees profits fall in 4Q
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 net profit of $1.9 billion, or $2.4 billion excluding net special items Reported a fourth-quarter 2017 […]
Air New Zealand Rides Airline Boom
Competition might have stiffened in the past year, but Air New Zealand has confirmed that the boom in airline profitability continues in this part of the world (and Qantas will add to that confirmation when it reports its 2016-17 figures on Friday). The Kiwi"™ favourite airline Wednesday reported its second highest profit on record – […]
Pilotless planes could save airlines $35 billion, UBS says
«Reducing the intervention of human pilots on aircraft could bring material economic benefits and improve safety,» a UBS note said. The bank stated that there could be a material profit opportunity of over $35 billion per year for the aerospace and aviation industry. A recent UBS Evidence Lab Survey of 8,000 people however showed that […]
