May 19, 2019 8:36 am ET
October 3, 2018 8:00 am ET -
Ryanair Shares Plummet After Issuing a Profit Advisory
Ryanair is struggling pursuit of profit and the low-cost carrier giant has warned that the full-year profit will be lower than expected. The expected profit was €1.25 billion to €1.35 billion, to a new range of €1.11 billion to €1.2…
September 25, 2018 12:02 pm ET -
South African Mulling Asset Sale to Stay Afloat
South African Airways is yet again looking for help as the airline attempts to get out of its financial hell hole from years of being unprofitable. The carrier, who has taken numerous government cash injections to stay afloat, is currently…
June 9, 2018 7:51 am ET -
Rising Fuel Costs Crashes the Profitability Party
The aviation industry is known for having high costs. Multi-million dollar machines fly across the world carrying passengers seeking a bargain. It’s hard to run a consistently profitable airline when so many factors impact profitability; competitors could be waging a…
December 29, 2017 10:09 am ET -
$2.2 Billion: Two Ways to Run a Profitable Airline
$2.2 billion. The net profit of two of the world’s major airlines in 2016. Those airlines, however, have much less in common than their financials might seem to indicate. One operates the truest example of a hub-and-spoke model in the…
August 2, 2017 9:07 am ET -
IndiGo Posts Record Profit Driven by Domestic Traffic Growth
Low-cost carrier and India's largest airline by passengers and fleet size, IndiGo, has just posted its highest ever quarterly profit at Rs. 811 crore, or $127 million. The Delhi-based airline is one of few airlines in India which consistently posts…