IndiGo reports highest ever quarterly profit: How the airline is changing its fundamentals to stay ahead
India"™s largest airline by passengers and the only one with a consistent track record of profits, IndiGo, has just reported an almost Rs 9 crore daily net profit in the first quarter ending June 30. It has obviously beaten analyst"™ estimates about its profitability by posting the highest ever quarterly profit in this journey. For […]
Hawaiian Airlines posts $80.4 million 2Q net profit
Hawaiian Holdings, parent of Hawaiian Airlines, posted $80.4 million net income for the 2017 second quarter, up 1.1% from $79.6 million net profit in 2Q 2017. The airline is gearing up for the delivery of its initial two Airbus A321neos, scheduled for October and November, the first of 18 A321neos the carrier plans to receive […]
Singapore Airlines Q1 profit rises 45.6 pct on higher revenue
Singapore Airlines Ltd on Thursday reported a 45.6 percent rise in first-quarter operating profit, with revenue rising as it filled a higher proportion of seats. The carrier, which is seen as a barometer of the Asian airline industry, made S$281 million ($207 million) in the three months ended June 30, up S$88 million from a […]
Airbus delivers its 100th A350 XWB
Airbus has delivered its 100th A350 XWB, just some 30 months after the first delivery of the world"™s most modern widebody aircraft in December 2014. The 100th aircraft delivered is an A350-900 for China Airlines. "The 100th A350 XWB milestone comes as we reach our fastest widebody production ramp-up, on track to meet the target […]
Hawaiian Airlines adding three routes between neighbor islands and West Coast
Hawaiian Airlines said today it will add three new daily routes between the neighbor islands and the U.S. West Coast in early 2018. The airline said it will expand its West Coast presence by adding direct routes between Portland and Maui; Oakland and Kauai; and Los Angeles and Kona. The arrival of A321neo jets enabled […]
S7 Airlines takes delivery of its first A320neo
S7 Airlines, one of Russia"™s leading carriers, member of Oneworld global airline alliance, has taken delivery of it"™ first A320neo which is on lease from BOC Aviation. The aircraft is the first Airbus to feature the airline"™s new livery and is also the first NEO to be operated in Russia. Powered by Pratt & Whitney […]
Capital-ising on new routes
British Airways is to launch new routes from London City Airport to three European capitals, Paris, Prague and Reykjavik, in October. The new services to the three popular cities will mean British Airways will fly to 30 destinations from London City this winter. The Orly flights are being transferred to London City Airport from Heathrow, […]
Flying high: Colombian airlines
As passenger numbers grow and profits increase worldwide, the aviation industry believes Colombian airlines might offer lofty returns, though there may be some turbulence ahead. Commercial airlines posted record worldwide profits in 2016, suggesting the traditionally volatile aviation industry could be an attractive proposition for investors. According to the International Air Transport Association (IATA) 2017 […]
Norwegian flights: Airline to fly to Chicago and Austin from London Gatwick
As Chicago and Austin join Norwegian"™s expanding route network from Gatwick, the airline is challenging Virgin Atlantic in its reach of US destinations. Norwegian will fly to Chicago O"™Hare and the Texas state capital from March 2018, using the Boeing 787 Dreamliner. The airline already has existing or previously announced routes from Gatwick to eight […]
Aeromexico adds new routes to California and South Korea
Aeromexico began two new international routes at the beginning of July. The more significant was the carrier"™s four times weekly service from Mexico City (MEX) to Seoul Incheon (ICN) which launched on 2 July. The service, which involves a tech-stop at Monterrey on the outbound flight, will be flown using the airline"™s 787-8s. No other […]
