Airports and airline across the globe are reporting disruptions as a third party software outage is impacting computer systems worldwide on July 19, 2024. The software issue is linked to CrowdStrik...
United Airlines reports a 5.7% uptick in revenue for the second quarter of 2024, which was in line with guidance, but earnings per share of $4.44 beat estimates. Capacity rose 8.3% in the quarter alth...
Icelandair has reported a fall in earnings for the second quarter of 2024 with EBIT down 17.5% to US$3.3 million and net profit down 13.0% to US$0.6 million on a capacity increase of 8%. Passenger...
Sabre has implemented a new distribution agreement with French Polynesia’s newest airline, Air Moana. The domestic carrier said that it has joined Sabre’s distribution marketplace to ""enable easie...
Ryanair has approved Expedia Group as an approved online travel agent. The collaboration enables Expedia to offer Ryanair flights to its customers. Ryanair CMO, Dara Brady said: “Through this new ...
Akasa Air has launched operations from Jeddah, connecting two Indian cities – Mumbai and Ahmedabad – with direct flights. The airline operates daily direct flights connecting Jeddah with Mumbai and...
The Air Accidents Investigation Branch (AAIB) has published a report into a serious incident which, according to Airline Economics+ data, involved a Delta 767 aircraft on February 10, 2023. During ...
Alaska Airlines has reported mixed second quarter results on July 17, 2024. Its adjusted net income was $327 million, or $2.55 per share, down from last year’s $387 million, or $3 per share, in the sa...
Virgin Atlantic will terminate its only route to mainland China, a spokesperson for the airline confirmed to Airline Economics. With the airline unable to fly over Russian airspace, operations costs h...
easyJet has confirmed the launch of five new routes from four UK airports, including to Luxor in Egypt for the first time in over a decade. These new flights follow on from the 36 new routes from t...
Etihad Airways and Batik Air Malaysia have launched a codeshare partnership. The agreement becomes Etihad’s 38th codeshare partner. The codeshare allows Etihad passengers to travel to five new dome...
TD Cowen analysts Helane Becker and Thomas Fitzgerald downgraded American Airlines from buy to hold on July 16, 2024. The downgrade followed the analysts' concerns surrounding the carrier's ""aggressi...
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