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Boeing Boosts Profit On Lower Revenue

April 26, 2017

Boeing Boosts Profit On Lower Revenue

Boeing reported a first quarter net profit of USD$1.45 billion, a 19 percent increase on the previous year.


Alaska Air Profit Dips 46 Pct On Fuel Costs

April 26, 2017

Alaska Air Profit Dips 46 Pct On Fuel Costs

Alaska Air Group posted a 46 percent drop in 2017 first quarter net income to USD$99 million, caused mainly by increased fuel costs.


China Southern Orders 20 Airbus A350s

April 26, 2017

China Southern Orders 20 Airbus A350s

China Southern Airlines has ordered 20 Airbus A350-900s in a deal worth USD$6.2 billion at current list prices.


Allegiant Q1 Profit Drops On Fuel, Staff Costs

April 25, 2017

Allegiant Q1 Profit Drops On Fuel, Staff Costs

Allegiant Air parent Allegiant Travel Company reported a first quarter net profit of USD$41.6 million, a 42.2 percent drop as fuel and staff costs weighed.


JetBlue Q1 Net Income Drops 59 Percent

April 25, 2017

JetBlue Q1 Net Income Drops 59 Percent

JetBlue Airways posted net income of USD$85 million for the first quarter as operating expenses, especially fuel costs, rose.



VietJet Posts USD$16.8 million Q1 Profit

April 24, 2017

VietJet Posts USD$16.8 million Q1 Profit

Low cost Vietnamese carrier VietJet Air posted a first quarter net profit of VND381.65 billion (USD$16.8 million) on higher revenue.


Dubai Aerospace To Buy Lessor AWAS

April 24, 2017

Dubai Aerospace To Buy Lessor AWAS

Aircraft lessor Dubai Aerospace will buy Dublin-based competitor AWAS in a deal that will more than triple the size of the UAE company's fleet.


Norwegian Adds Singapore Flight As Competition Increases

April 20, 2017

Norwegian Adds Singapore Flight As Competition Increases

Low cost carrier Norwegian will launch a new route from London’s Gatwick Airport to Singapore in September, as it ramps up competition on flights from the UK.


WestJet To Launch Ultra-Low-Cost Carrier

April 20, 2017

WestJet To Launch Ultra-Low-Cost Carrier

Canada’s WestJet said it will launch an ‘ultra-low-cost carrier’ later this year, subject to regulatory approvals.


Hawaiian’s First Quarter Net Profit Dips

April 20, 2017

Hawaiian’s First Quarter Net Profit Dips

Hawaiian Airlines released its first quarter financial results on Thursday showing net income down 28 percent as fuel and staff costs increased.