BAA – only solution a third runway
The only realistic solution to the UK’s shortage of hub capacity involves a third runway at Heathrow, owner BAA has confirmed at it delivered a seven-point plan to the UK government’s Airports Commiss...
The only realistic solution to the UK’s shortage of hub capacity involves a third runway at Heathrow, owner BAA has confirmed at it delivered a seven-point plan to the UK government’s Airports Commiss...
Ryanair has announced record annual profits of €569m, up 13% on last year despite higher oil costs. Revenues rose 13% to €4.88bn as traffic grew 5% to 79.3m passengers. Unit costs rose 8% mainly due t...
Cebu Pacific Air posted net income of PHP1.16 billion during the first quarter of 2013, a 20.2% increase compared to PHP962.40 million in the year-ago period. The airline attributes the growth to ro...
Caribbean Airlines (CAL) has reported losses estimated at US$70 million last year, which does not include the US$40 million in fuel subsidy to the airline. Finance Minister Larry Howai insists that ...
LATAM Airlines Group has reported operating income of US$114.2 million for first quarter 2013, a 149.8% increase compared to the US$45.7 million pro forma operating income in first quarter 2012. Ope...
AMR and US Airways have announced that they intend to issue 100 million more shares of “capital stock and preferred stock” than originally planned. The merged airline will have authorization for 1.7...
An Air Zimbabwe flight from Harare to Johannesburg on Wednesday reportedly flew with only 12 passengers on board the Boeing 737. Critics have stated that this is demonstrative of the airline’s diffi...
Virgin Atlantic Airways has posted a full-year loss of £69.9 million ($107 million), which includes Virgin Holidays. The main airline lost £93 million, which was partially offset by a one-time gain ...
Taiwanese carrier Eva Air has recorded a 4.7% year-on-year increase in passenger traffic for April on the back of a 5.3% increase in capacity. Eva Air’s load factor during April fell slightly by 0.5...
QantasLink will upgrade the interiors of five Boeing 717 aircraft to include Business Class and in-flight entertainment for all passengers, says Executive Manager John Gissing. “QantasLink will in...
JetBlue Airways and Emirates have announced their intent to expand their current partnership to include bilateral code sharing, pending FAA and DOT regulatory approval and subject to receipt of fore...
Southwest Airlines has significantly increased its quarterly dividend to $.04 per share from $.01 per share. Annualized, this amounts to over $100 million. The increase in the quarterly dividend w...
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