Alaska raises Q4 guidance
Alaska Airlines has raised its fourth quarter guidance due to stronger revenue performance and lower non-operating expense. The Seattle based carrier expects its profit per share to be between $0.40 a...
Alaska Airlines has raised its fourth quarter guidance due to stronger revenue performance and lower non-operating expense. The Seattle based carrier expects its profit per share to be between $0.40 a...
Alaska Airlines has unveiled a new three-year strategy focused on expanding its operations while targeting enhanced profitability.The airline is embarking on a new global expansion strategy, transitio...
In a financial outlook for the global airline industry during 2025, IATA has forecast a “slight strengthening” of profitability, amid ongoing industry cost and supply chain challenges.Total industry r...
GOL Linhas Aéreas Inteligentes (GOL) has filed a Chapter 11 reorganisation plan with the US Bankruptcy Court that delevers its balance sheet and raises new capital as it seeks to exit bankruptcy as ...
IATA has reported that $1.7 billion in airline funds are blocked from repatriation by governments, as of the end of October 2024.This is a small improvement compared to the $1.8 billion in blocked fun...
Aviation Capital Group (ACG) has delivered one A321neo to Mexican carrier Volaris. This is the fourth and final aircraft to be delivered to the airline, as part of a multiple-aircraft sale-leaseback t...
Low-cost Icelandic carrier PLAY airlines carried 99,393 passengers during November, reflecting a 17% reduction in traffic in comparison to the same period of last year.The airline has cited this re...
Emirates is set to increase its capacity to Melbourne by introducing a third daily non-stop service between Dubai and the Australian city.The airline currently operates two daily services to Melbourne...
Archer Aviation has entered into a multi-party collaboration agreement with a number of entities from the UAE, in order to advance the establishment of electric air taxi operations in Abu Dhabi. The a...
Boeing has issued layoff notices to 222 members of its professional aerospace union.The Society of Professional Engineering Employees in Aerospace (SPEEA), confirmed on December 6, 2024, that the manu...
Michael Rousseau, president and CEO of Air Canada has been elected as the new chairperson of the Star Alliance chief executive board (CEB), succeeding Scott Kirby, CEO of United, who held the post sin...
Phoenix Aviation Capital and AIP Capital have closed a $240 million term loan facility.The facility is intended to be used to finance the acquisition of six next-generation aircraft assets on long-ter...
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