TUI Group reports record quarterly earnings
TUI Group has reported record revenues of €5.8bn in its fiscal year third quarter report on August 14, 2024, up 9% compared to the year prior. The markets & airlines revenues were up 8.5% to €5.04bn. ...
TUI Group has reported record revenues of €5.8bn in its fiscal year third quarter report on August 14, 2024, up 9% compared to the year prior. The markets & airlines revenues were up 8.5% to €5.04bn. ...
Latvian airline airBaltic has reported a net loss of €88.8 million for the first half a year, swinging its €14.6 million net profit in the first half of last year. Revenues were up 16.5% to €339.3 ...
Alaska Airline parent Alaska Air Group's proposed $1.8bn acquisition of Hawaiian Holdings, parent of Hawaiian Airlines, has been delayed again. Both companies filed 8K forms detailing that the Departm...
Elliott Investment Management may nominate up to 10 director candidates to Southwest Airlines' board. The airline has a board of 15 members. After acquiring a $2bn stake in the airline in June, the ac...
Aviation Capital Group (ACG) has delivered one 737-800 on long-term lease to Connecticut-based Avelo Airlines, the lessor said on August 13, 2024. ""The addition of this 737-800 aircraft will enabl...
Philippine Airlines (PAL) has generated $1.6 billion in revenue during the first half (H1) of 2024. The national carrier saw a net income of $122 million along with an operating income of $182 million...
Singapore Airlines (SIA) is set to increase flight frequencies and passenger capacity across its network next year. The airline will begin a daily service to London Gatwick in addition to four dail...
Virgin Australia has placed a firm order with manufacturer Embraer for eight E190-E2 aircraft. The order comes as the airline aims to renew its current fleet of aircraft. “When the new E190-E2 ente...
Alaska Airlines has invested in aircraft manufacturer JetZero - a company currently developing a new blended-wing body (BWB) aircraft. JetZero's BWB aircraft integrates the aircraft's wings and fus...
airBaltic has placed an incremental order for an additional ten A220-300 aircraft. This new and fourth reorder will take the Latvian carrier's total firm order to 90 A220 aircraft. The airline has ...
Brazilian airline Azul posted a net loss of $703.6 million in the second quarter of 2024, amid a weakening exchange rate from Brazilian real to US dollar, along with declining capacity and growing fue...
COPA Holdings' capacity was up 11.3% in July 2024, in comparison to the same period last year. Capacity is measured in available seat miles (ASM). In addition, its system-wide passenger traffic, me...
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