Republic results
Republic Airlines and Shuttle America reported 2014 net income of $64.3m, more than double 2013’s $26.7m. Republic’s 2014 revenue was up 2.1% year on year to $1.38bn, but expenses increased 3% to $1.1...
Republic Airlines and Shuttle America reported 2014 net income of $64.3m, more than double 2013’s $26.7m. Republic’s 2014 revenue was up 2.1% year on year to $1.38bn, but expenses increased 3% to $1.1...
Turkish Airlines has reported a 2014 net profit of $845m from $357m for 2013. Operating profit was down 2% at $638m, while sales revenue for the year was up 13% at $11bn on the back of 54.7m passenger...
Figures from the Civil Aviation Administration of China (CAAC) show that Chinese airlines carried up to 8.25 million passengers during Chinese Lunar New Year holiday from February 18 to 24. There was ...
Fiji Airways has reported a profit before income tax of $65.2 million compared to a profit before income tax of $8.3 million for the nine-month period ended December 31, 2013. Air Pacific Ltd (the Gro...
The Irish government has stated that it needs more reassurances on jobs and growth prospects for Aer Lingus before it can consider selling its 25% stake in the airline to IAG. The Irish government req...
Wizz Air has priced its £257 million initial public offering (IPO) of 23,360,008 Ordinary Shares at 1150p per ordinary share. Wizz Air will receive approximately £103 million (€140 million) net procee...
Nepalese carrier Bishwo Airways has signed a Letter of Intent to purchase five Sukhoi Superjet 100 aircraft. The aircraft will be configured in two-classes for 93 passengers. The first SSJ100 will be ...
President of Boeing India, Pratyush Kumar, has confirmed that Spicejet’s order for 42 737 MAX 8 aircraft remains in place with deliveries expected to start in 2018. As we have reported extensively, Sp...
All Nippon Airways, Orix, HIS, Daiwa Securities, Shinsei Bank, Sojitz and Nihon Kotsu are all reported to have expressed interest in investing in bankrupt Skymark Airlines. Skymark has estimated liabi...
New Canadian start-up Jetlines plans to develop a broad network from Vancouver, Winnipeg and Hamilton using a fleet of up to 16 aircraft. The airline has released its anticipated 40-route network it e...
In an earnings call, CEO Ben Baldanza has indicated that Spirit Airlines could launch as many as 35 new routes this year. “It will be more connecting dots than adding new dots to the map,” he said, ad...
US scheduled passenger airlines employed 386,219 workers in December 2014, 1.4% more than in December 2013, the US Department of Transportation’s Bureau of Transportation Statistics (BTS) has reported...
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