Southwest posts healthy Q1 numbers
During the three months to end March 2014, Southwest Airlines reported a net income of $152 million, compared to a net profit of $59 million in the year-ago period. Revenue increased by 2% to $4.17 bi...
During the three months to end March 2014, Southwest Airlines reported a net income of $152 million, compared to a net profit of $59 million in the year-ago period. Revenue increased by 2% to $4.17 bi...
During the first quarter of 2014, JetBlue Airways has posted a 71.4% drop in net profit to $4 million. CEO Dave Barger has cited the severe winter weather for the fall in profits after the airline was...
Fitch Ratings has downgraded the Class A notes of Triton Aviation Finance (TAF) to 'CCsf' from Bsf' and the Class B-1, B-2, C-1, and C-2 notes are affirmed at 'Csf'. The downgrade of the class A-1 not...
Delta Air Lines has reported a pre-tax income for the March 2014 quarter of $444 million, excluding special items, which is an increase of $363 million over same period last year. Delta's net income f...
Azul Brazilian Airlines has ordered five Airbus A350-900s and six A330-200s to be leased from International Lease Finance Corporation (ILFC). Azul plans to use the aircraft to launch international fli...
Intrepid Aviation has delivered one new Airbus A330-300 aircraft to Asiana Airlines in Korea. The aircraft is powered by Pratt and Whitney PW4168A engines and is subject to a long-term lease to the Ko...
Boeing has reported a 12.7% decline in its first-quarter net income to $965 million from a net profit of $1.12 billion in the year-ago period. The fall was caused by weakness in the military aircraft,...
Aeronautical Engineers, Inc. (AEI) has delivered the second of three B737-400SF 11 Pallet freighters to Yangtze River Express of Shanghai. The aircraft is a standard gross weight Boeing 737-400 (MSN 2...
Chief Operating Officer Mike Van de Ven has confirmed in an interview with Bloomberg that Southwest Airlines will freeze the size of its fleet at 680 aircraft until 2015 to focus on boosting its retur...
First Air and Canadian North are reported to be beginning talks concerning a possible merger. Both are Canadian passenger and cargo airlines serving northern Canada. Makivik Corporation and NorTerra, ...
Moody's has raised its ratings assigned to JetBlue Airways to B2 from B3, Probability of Default to B2-PD from B3-PD and Speculative Grade Liquidity to SGL-2 from SGL-3. Moody's also upgraded the seni...
US Airways Express president Dion Flannery will take over as president and chief executive of PSA Airlines following the retirement of Keith Houk on August 31. Houk will remain at the airline until th...
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