Airlines

A Dive Into the U.S. Airlines’ Latest Report Card

U.S airlines are involuntarily bumping passengers from flights at the lowest levels since 1995, according to the U.S. Department of Transportation’s most recent Air Travel Consumer Report, released Tuesday by the agency. The report, which includes data such as on time percentage and mishandled baggage complaints, also contains information regarding overselling of flights. It showed […]

Read More »

PenAir Files for Chapter 11 Bankruptcy Following 62 Years of Operation

Anchorage, Alaska-based regional carrier, Peninsula Airways, commonly referred to as PenAir, has filed for Chapter 11 bankruptcy protection as of Sunday, August 6. Chapter 11 gives companies temporary protection from its creditors, giving them the opportunity to restructure their finances and organization. The airline, which is one of Alaska’s largest regional air carriers and has […]

Read More »

CommutAir Announces Further Agreement With United For 21 Additional Jets

Regional airline CommutAir has just announced an agreement with United Airlines that will see 21 additional ERJ145s added to the fleet. The Ohio-based airline, which is 40% owned by United, has announced the memorandum of understanding for the additional aircraft as it aims to accelerate the retirement of its turboprop fleet. The additional aircraft will […]

Read More »

South African Airways: The Last Chance for Revival?

Documents provided to the nation’s parliament show that Johannesburg-based South African Airways (SAA) is out of money and is nearing bankruptcy. After multiple years of losses totaling hundreds of millions of dollars, the government-owned carrier is nearing the point of not being able to pay its employees’ salaries. The documents also shows that the airline […]

Read More »

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 profits. Last quarter, IndiGo reported a net profit growth of 37% from the previous year […]

Read More »

Qantas Quickly Approaching Its Foreign Ownership Ceiling

Given the airline’s continued growth and resurgence in stockholder value, Qantas revealed that foreign owners now control 46.73 percent of its shares, just shy of its 49 percent cap on foreign ownership. Qantas, which also owns subsidiaries Jetstar Airways and Qantas Freight, has been more bullish this year on news of growing unit revenue for […]

Read More »

ViaAir Opens New Route for Central Texas Skiers

On July 26, ViaAir announced seasonal service between Austin, Texas to Steamboat Springs, Colorado. The new route will be operated by Embraer ERJ-145 starting on December 13 and running through April 1, 2018. The CEO of LoneStar Airport Holdings, LLC, the developer and operator of the newly opened South Terminal in Austin, Jeff Pearse stated, […]

Read More »

IAG Profits Rise Despite Challenging Environment

International Airlines Group (IAG), the multi-national airline holding company, has announced that its operating profits have risen by an incredible 37 percent to €975m in the past six months, up from €710m during the same period last year. The company, which currently owns Aer Lingus, British Airways, Iberia, Level and Vueling, has announced strong half-year […]

Read More »
Sign-up for newsletters & special offers!

Get the latest stories & special offers delivered directly to your inbox

SUBSCRIBE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads to provide free content and sustain our operations. By turning off your ad blocker, you help support us and ensure we can continue offering valuable content without any cost to you.

We truly appreciate your understanding and support. Thank you for considering disabling your ad blocker for this website