Reading Time: 4 minutes The world’s airlines will continue their streak of collective profitability in 2017, but anticipated higher costs coupled with a sluggish global economy lead IATA forecasters to believe 2017’s industry net profit will be almost $6 billion lower than 2016’s expected profit. If the global airline industry posts a net profit of $29.8 billion in 2017, […]

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 […]