Icelandair swings to loss in 2024 results
Icelandair's reported a net loss of $20.2 million in 2024, swinging from the previous year's net profit of $11.2 million. Fourth quarter let losses improved from $37.8 million in 2023's fourth quarter...
Icelandair's reported a net loss of $20.2 million in 2024, swinging from the previous year's net profit of $11.2 million. Fourth quarter let losses improved from $37.8 million in 2023's fourth quarter...
Ryanair is reducing capacity in another European country, closing its Billund base in response to what the airline described as “harmful” aviation tax implemented by the Danish government.This closure...
SkyWest reported a net income of $97.4 million, or $2.42 earnings per share (EPS), in the fourth quarter of 2024, more than doubling from $17.5 million, or $0.43, a year prior. In addition, its full y...
TAAG Angola Airlines has taken delivery of its first 787 aircraft from Boeing. The aircraft is the first of four scheduled for delivery to the airline.The 787-9 and subsequent deliveries of the widebo...
Cathay Pacific has signed an agreement with SITA to support network bandwidth across 51 airports, improving current capacity by up to five times while maintaining cost efficiency. The airline has move...
Saudi low-cost carrier flyadeal has joined the International Air Transport Association (IATA), the airline said on January 30, 2025. The airline said its membership followed a “comprehensive process” ...
Southwest Airlines reported a net income of $261 million, or 44 cent earnings per share (EPS), in the fourth quarter of 2024, swinging from a loss of $252 million, or 42 cent loss per share, a year pr...
Lufthansa Group has signed an agreement to receive a convertible share representing a 10 per cent stake of the Latvian state airline airBaltic which will be issued at a subscription price of €14 milli...
JetBlue expects its aircraft on ground (AOG), as a result of the Pratt & Whitney geared turbofan (GTF) engine issues, to reach its peak in the next year or two.The company's CFO Ursula Hurley said in ...
Passenger demand reached record levels in 2024, according to the International Air Transport Association's (IATA) full year report, published January 30, 2025.According to IATA, total revenue passenge...
Icelandair has launched a new route to Miami to its network on January 30, 2025. The new route will operate three days per week from October 25 through March 2026. “Miami will fit well into our route ...
Wizz Air reported €241.1 million net loss in its third quarter results, ending December 31, 2024, widening from €105.4 million in the same period a year prior, the company reported on January 30, 2025...
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