Reading Time: < 1 minute The Boeing Company has reported first-quarter revenue of US$23.4bn reflecting higher commercial deliveries and mix, defense contract volume and services growth. GAAP earnings per share increased to US$4.15 and core earnings per share (non-GAAP) increased to US$3.64 reflecting strong performance across the company. Commercial Airplanes first-quarter revenue was US$13.7bn reflecting higher deliveries and mix. First-quarter […]

Reading Time: < 1 minute JetBlue Airways has reported its results for the first quarter 2018. JetBlue has reported diluted earnings per share of $0.27. This compares to JetBlue’s first quarter 2017 diluted earnings per share of $0.24 cents. Pre-tax income was US$110m, a decrease of 9.2% from the first quarter of 2017. Pre-tax margin was 6.3%, a 1.3 point […]

Reading Time: 3 minutes United Airlines (UAL) has reported its first-quarter 2018 financial results. UAL reported first-quarter net income of $147 million, diluted earnings per share of $0.52, pre-tax earnings of $184 million and pre-tax margin of 2.0 percent. Excluding special charges and mark-to-market adjustments, UAL reported first-quarter net income of $143 million, diluted earnings per share of $0.50, pre-tax […]

Reading Time: < 1 minute Long-haul, low-cost carrier (LCC) AirAsia X reported a first-quarter net profit of MYR10.3 million ($2.3 million), down 94% compared to net profit of MYR179.5 million ($42 million) in the year-ago quarter. First-quarter operating revenue was up 22% to MYR1.2 million and operating profit fell 43% year-over-year (YOY) to MYR60.3 million. Passengers carried rose 33%, lifting load […]

Reading Time: 4 minutes The Company’s operating and financial information is presented, except where otherwise stated, on a consolidated basis in United States dollars (US$) in accordance with IFRS. The financial data presented is for the quarters ended March 31, 2016 (1Q16), December 31, 2016 (4Q16) and March 31, 2017 (1Q17), are derived from the unaudited financial statements, except […]

Reading Time: 4 minutes “We have continued on our successful track in the first quarter of this year and achieved another good result,” said Ulrik Svensson, Chief Financial Officer of Deutsche Lufthansa AG, presenting the Lufthansa Group’s financial results for the first three months of 2017. “For a period that is traditionally difficult for the airline industry, we have […]

Reading Time: 2 minutes The day after Boeing announced a Q1 19% rise in profits, Airbus has announced a fall in adjusted operating profit of 51%, to €240m for Q1 2017. Revenue increased 7% to just under €13bn and while analysts had predicted a loss, the 52% drop was appreciably greater than the 31% anticipated. Airbus shares fell by […]

Reading Time: < 1 minute For the first quarter of 2017, United Airlines reported that revenue was US$8.4bn, an increase of 2.7% year-over-year. First-quarter 2017 consolidated pssenger revenue per available seat mile (PRASM) was flat and consolidated yield increased 0.4% compared to the first quarter of 2016. Operating expense was US$8.1bn in the first quarter, up 7.9% year-over-year. Excluding special […]

Reading Time: < 1 minute Austrian Airlines carried almost 2.2 million passengers in the period January to March 2017, comprising a rise of 6.6 percent in a year-on-year comparison. This increase is mainly due to the expanded bilateral flight traffic between Austria and Germany. The flight offering measured in available seat kilometers (ASK) was increased by 3.3 percent to more […]

Reading Time: 2 minutes The 10 publicly traded mainline US airlines reported a collective first-quarter pre-tax profit of $4.8 billion, according to Airlines for America (A4A). The earnings, which represent the combined results of Alaska Airlines, Allegiant Air, American Airlines, Delta Air Lines, Hawaiian Airlines, JetBlue Airways, Southwest Airlines, Spirit Airlines, United Airlines and Virgin America, gave the US […]