AA issues diminished Q3 share forecast
American Airlines has diminished its Q3 share price guidance, softening an earlier 10.5%-12.5% pretax margin guide to 10-12%. AA attributes the reduced forecast to RASM, as evidenced by American softe...
American Airlines has diminished its Q3 share price guidance, softening an earlier 10.5%-12.5% pretax margin guide to 10-12%. AA attributes the reduced forecast to RASM, as evidenced by American softe...
Boeing has stated it is being pressured to raise the production rate of the 737, which is another sign that the manufacturer is about to announce production rate increases beyond current targets. "The...
Centurion Air Cargo is facing potential grounding following reports in US media stating that the carrier's fuel supplier, Chemoil Corp., has filed several lawsuits against it over US$12.9million in ou...
Aerovis Airlines subsidiary, Air Cargo Solutions, has announced it will take delivery of three ex-Avialeasing Antonov An-12 turboprop transports. Air Cargo Solutions has filed a request with the US FA...
Republican Stephen Fincher has released a draft proposal of legislation that will reauthorize the Export-Import Bank for another five-years. Fincher's proposal could serve as the foundation for a long...
Bombardier’s CSeries regional jet prototype returned to the air on 7th September after a 100-day grounding, with test aircraft FTV-2 taking off from the company’s facility at Mirabel airport in Québec...
ICAO is to consider imposing further restrictions on the carriage of lithium batteries on cargo and passenger airliners, highlighting escalating concerns over potential fire hazards. ICAO previously i...
LATAM Airlines Group S.A. and its subsidiaries have reported its preliminary monthly traffic statistics for August 2014 compared to August 2013. System passenger traffic increased by 5.5% while capaci...
Silver Airways’ Board of Directors has named Sami T. Teittinen as the airline’s new Chief Executive Officer. He will join Silver Airways’ Board, effective from September 5th, 2014. Teittinen currently...
Eastern Air Lines Group has announced the election of Manuel A. Diaz as an independent director to the Company's Board from September 3rd, 2014.Diaz previously served as Mayor of Miami from 2001 to 20...
IATA’s report on airlines’ financial performance for the month of August indicates that worldwide airline share prices rose 3% in August compared to July, slightly ahead of the broader market on furth...
Alaska Air Group has reported August and year-to-date operational results on a consolidated basis, and for its subsidiaries, Alaska Airlines and Horizon Air. Alaska reported a 6.2% increase in traffic...
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