Tag: United States

Southwest 3Q Net Profit Up 29.6% Despite Hurricanes

Southwest Airlines weathered hurricanes and a competitive fare environment to post a 29.6% year-over-year (YOY) net profit gain in the third quarter, and the Dallas-based carrier is confident about its prospects for 2018. Citing multiple hurricanes that affected key Southwest markets—costing the Dallas-based carrier $100 million in lost revenue—as well as the mass shooting in […]

JetBlue’s Third Quarter Net Income Down 10%

JetBlue Airways has reported its results for the third quarter 2017. The airline reported operating income of US$310m, a decrease of 12.4% from the third quarter of 2016. Pre-tax income was US$293m, a decrease of 11.2% from the third quarter of 2016. Third quarter net income was US$179m million, this compares to JetBlue’s third quarter […]

Further US Airline Consolidation Unlikely For Now

Further airline industry consolidation is unlikely in the US in the near future, but carriers may seek to grow through joint ventures or investments in foreign airlines, according to PricewaterhouseCoopers (PWC). “I see no signals that further consolidation is imminent,” Jonathan Kletzel, PWC principal for travel and transportation, said at the IATA AGM in Cancun. […]

Next Step In Airline Transformation Is Digitization

US airlines have emerged from years of losses and bankruptcy to being among the most profitable in the world, but rising costs could derail them from this trajectory unless further transformation happens, consultants say. “Over the last 15 years, airlines have flipped their role, going from consistently loss making to consistently profitable,” Seabury Consulting managing […]

WOW Air Takes Delivery Of Its First A320neo

WOW Air, the low-fare airline based in Iceland, has taken delivery of its first A320neo (TF-MAX • MSN 7560) on a lease from Air Lease Corporation. WOW Air is an all-Airbus operator with a dozen aircraft in its fleet to date. The order, announced last year includes five A320 Family Aircraft. Of these, three A321neo […]

Delta and Aeromexico to Launch Joint Cooperation Agreement

Grupo Aeroméxico, S.A.B. de C.V. and Delta Air Lines begin their joint cooperation agreement (JCA) to operate transborder flights between the United States and Mexico. Delta and Aeromexico have confirmed with the U.S. Department of Transportation (DOT) and Mexico’s Federal Economic Competition Commission (COFECE) that they have completed the steps required to launch the JCA. […]

Airbus Begins Production of First U.S.-Built A320 in Mobile

The Airbus U.S. Manufacturing Facility in Mobile, Alabama, has received the major component assemblies for the first A320 that will be produced in the U.S. The 27 aircraft delivered from the facility thus far have been A321s. This marks another important milestone for the manufacturing facility, which began production in July 2015 and is equipped […]

Russian MP Denies Spying on US Via Glonass

A senior Russian lawmaker disproved media allegations of Moscow spying on US citizens via the Glonass satellite navigation station. Media claims of Russian surveillance of US citizens from Nicaragua with the use of the Glonass satellite navigation station is absurd, senior Russian lawmaker Vladimir Shamanov told Sputnik on Monday. “All of this is absurd and […]

Embraer Establishes Foundation in the United States

Embraer announced the establishment of the Embraer Foundation, in Fort Lauderdale, Florida, at the Company’s U.S. headquarters. The new foundation is a sister organization to the Brazil-based Embraer Institute (Instituto Embraer), which has led the social investment initiatives of the Company since 2001. “The Embraer Foundation will consolidate our ongoing investments in social and environmental […]

U.S. Regional Airlines See A Pilot Shortage – Pilot See A Scapegoat

Regional airlines continue to blame a shortage of pilots for cutbacks in service to smaller airports, while the Air Line Pilots Association (ALPA) says those routes aren’t being flown because they’re uneconomical. SkyWest President and CEO Chip Childs told the House Transportation Aviation Subcommittee that he estimates a shortfall of 15,000 pilots by 2026, and […]