Spirit Airlines has rejected Frontier's second proposal to merge the two US low-cost carriers, the airline revealed in an SEC filing on January 29, 2025. In a letter to Frontier, co-signed by Spirit C...
Boeing reported an annual net loss of $11.83bn in 2024, widening significantly from $2.2bn net loss in 2023. The loss marks its second highest annual loss on record – behind its $11.94bn net loss in 2...
Ryanair revised its traffic target for the next fiscal year to 206 million, down from 210 million as a result of ongoing delivery delays from Boeing. Ryanair Group CEO, Michael O’Leary said in its fis...
Boeing anticipates a loss of around $4bn and a $5.46 loss per share, the company said in its preliminary fourth quarter results on January 23, 2025. The quarterly loss expected of $5.46 per share is f...
Alaska Air Group has posted strong fourth quarter and full year 2024 results on January 22, 2025. The company swung to a net profit of $71 million, or earnings per share (EPS) of 56 cents, in the four...
United Airlines profits soared in the fourth quarter of 2024, climbing 64.2% from the same period a year prior to $985 million, or earnings per share (EPS) of $2.95. Full year net income climbed 20.3%...
Lufthansa Group has closed its €325 million deal to acquire a 41% stake in ITA Airways, the company confirmed on January 17, 2025. The Italian airline is now officially part of the Lufthansa Group, be...
Moving swiftly into the New Year, we are excited to welcome delegates back to Airline Economics’ Growth Frontiers Dublin 2025. The year ahead is proving promising for the industry, with panellists exp...
Delta said it delivered “the most profitable December quarter” in its history with the publication of its fourth quarter results on January 10, 2025. The company generated a pre-tax income of $1.2bn, ...
After reports earlier in the week suggested Airbus would deliver around 760 aircraft in 2024, the French OEM has now confirmed it in fact delivered 766 aircraft in the year — only four short of its an...
Dubai Aerospace Enterprise (DAE) signed a definitive agreement to acquire 100% of Nordic Aviation Capital (NAC), the company said on January 7, 2025.The company did not disclose the terms of the trans...
One year after a panel blew out of an Alaska Airlines 737 MAX, shortly after it took off, the US Federal Aviation Administration (FAA) has said that Boeing needs “a fundamental cultural shift” to put ...
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