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North America
Spirit Airlines: 5 Things That Went Wrong Last Quarter
Florida-based low-cost carrier Spirit Airlines, hoping to merge with JetBlue later this year, has recorded disappointing second-quarter results.August 3rd, 2023
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North America
Allegiant Air Proves Worth of Its Model as It Bucks Trend of Falling U.S. Airfares
Allegiant Air may have just provided the answer to the questions about U.S. domestic travel demand that have nagged many during the latest quarterly earnings cycle. Leisure demand is good…August 2nd, 2023
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Europe
JetBlue Will Pay Dearly to End its Alliance With American Airlines
JetBlue Airways was always going to lose some revenue by ending its alliance with American Airlines in the northeastern U.S. The hit, disclosed Tuesday, is big and will cut the…August 1st, 2023
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Europe
Aircraft Leasing Giant AerCap Sees Aircraft Supply Shortages Persisting for Years
AerCap, the world’s largest aircraft leasing company, does not see the commercial aircraft shortage ending anytime soon, even as demand for aviation assets remains robust.July 31st, 2023
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Europe
Air France-KLM Looks to Spin-Off Loyalty Plan as Results Lag Peers
Air France-KLM is talking to Apollo Global Management about raising funds to improve its balance sheet, in a deal that would involve spinning off its loyalty plan into a new entity.…July 28th, 2023
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North America
Southwest Airlines’ Former CEO Gary Kelly Was Right About the Corporate Travel Recovery
Southwest Airlines former CEO Gary Kelly's firm belief that the industry was in for a slow corporate travel recovery is looking increasingly prescient. Southwest is undertaking the not-so-simple task of…July 27th, 2023
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North America
Hawaiian Airlines Results Under Pressure as Fleet Issues Mount
Hawaiian Airlines' struggles got a little bit worse on Tuesday. News broke of an engine recall for its Airbus A321neos that are likely to affect the carrier's already pressured results…July 26th, 2023
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North America
Alaska Airlines Sees Domestic Fares Weaken as Americans Take More International Trips
The surge in U.S. domestic flying, be it revenge travel or new blended business and leisure trips, appears over. Alaska Airlines executives said that the second quarter — June to…July 25th, 2023
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Europe
Icelandair Sees Travel Demand in Europe Beginning to Weaken
Icelandair posted record profits off booming transatlantic travel in the second quarter. But the rest of the year may not be as rosy with CEO Bogi Nils Bogason warning of…July 21st, 2023
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Asia-Pacific
United Airlines to Shrink Newark Departures 10% to Avoid Future Flight Disruptions
United Airlines will shrink its Newark hub by about 10 percent following flight disruptions at the end of June that affected thousands of travelers and cut into its second-quarter profits.July 20th, 2023