Tag: revenue

Emirates Said to Generate $819m Revenue on Dubai-Heathrow Route

Emirates’ route between Dubai and London Heathrow has been named the world’s third best for generating revenue, according to a report by OAG Aviation. The provider of digital flight information said on its website that the route produced more than $819 million between April 2017 and this March, putting it behind the Qantas service between […]

Etihad Posts $1.5 Billion Loss for 2017 on Partners’ Failures

Etihad Airways improved its core operating performance by 22% in 2017, despite facing challenges including significant fuel cost increases, the entry into administration of its equity partners Alitalia and airberlin, and initial investment in a comprehensive business transformation programme. The airline increased revenues from core operations by 1.9% to US$ 6.1 billion (2016: US$ 5.9 billion), […]

Air New Zealand Reports Decline In Full Year Profit

Air New Zealand says it is optimistic about the year ahead as the competitive environment eases after reporting a 17.5 per cent decline in full year profit in 2016/17 as it battled the arrival of new entrants into its home market. Net profit for the 12 months to June 30 2017 came in at NZ$382 […]

Delta Air Lines’ 3rd Quarter Profit Drops

Delta Air Lines (DAL) reported financial results for the September 2016 quarter. Adjusted pre-tax income for the September 2016 quarter was US$1.9bn, a US$278m decrease from the September 2015 quarter. The technology outage and subsequent operational recovery Delta experienced over four days in early August reduced pre-tax income for the quarter by an estimated US$150m. […]

Vietjet Air Reports 34.5% Revenue Increase in 2015

Vietnam-based low-cost carrier (LCC) Vietjet Air reported a 2015 revenue of VND10.9 trillion ($490.7 million), up 34.5% from VND8.1 trillion in 2014. The airline said the revenue increase was achieved “despite increasing challenges in the wake of the ASEAN Open Skies policy.” The result was lower than the VND13.8 trillion forecast at the start of […]