“Party” over for US domestic yields
After a strong Covid recovery in 2022 for US domestic airlines, it appears that the ""party is over"" as yields were negative year-over-year in the fourth quarter of 2023. Bloomberg Intelligence se...
After a strong Covid recovery in 2022 for US domestic airlines, it appears that the ""party is over"" as yields were negative year-over-year in the fourth quarter of 2023. Bloomberg Intelligence se...
Aeromexico passenger traffic saw a steady 1.5% increase in January 2024 year-on-year, rising to 1.99 million total passengers for the month, compared to 1.96 million passengers in January 2023. Total ...
Spirit Airlines full year 2023 net loss has narrowed to $447.46 million from 2022's full year net loss of $554.15 million, marking a 19.3% increase. Furthermore, the airline has made a significant 32....
Austrian Airlines has entered into a new agreement with Braathens Regional Airlines (BRA) to begin in summer 2024. The regional airline will operate on selected routes on behalf of Austrian Airlines t...
Boeing has reportedly received an order for 45 787 Dreamliner widebody aircraft with options to increase order to approximately 80 aircraft from Thai Airways, according to Reuters, citing industry sou...
Copa Holdings has reported a net profit of $518.2 million for the full year of 2023, up 48.9% from $348.1 million in 2022. Net profit for the fourth quarter of 2023 was $191.8 million, up from $88.3 m...
BBN Airlines Indonesia, a part of Avia Solutions Group, has acquired three 737-800 fleets and one 737-400F fleet. The acquisition was carried out in November, 2023. ""With the addition of these fle...
Qantas has been ""aggressively raising airfares"", said former head of Australian Competition and Consumer Commission Allan Fels in his 'inquiry into price gouging and unfair pricing practices' report...
China Eastern Airlines has launched multiple international routes ahead of the travel rush for Chinese New Year on February 10, 2024. The additional routes include Beijing to Kuala Lumpur, Malaysia, w...
Aviation market intelligence and advisory company IBA has predicted that airline industry net profit per passenger will increase by almost 60% between 2023 and 2024. IBA Insight data attributes this t...
Nigerian airline Ibom Air has ended its wet-leased aircraft operations following the delivery of its first brand-new A220-300 aircraft, confirmed the company in a statement. With the imminent entry...
Finnair's January 2024 passenger traffic has increased 0.4% over January 2023 to 819,800 passengers for the month. Passenger numbers were up YoY in January by 3.4% in Europe and 0.6% in Asia. North At...
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