Last week, Aerolineas Argentinas and its domestic sister company, Austral, presented its 2018 results with some worrying numbers but also with a ray of light regarding its operations for 2019. Together, both companies recorded a loss of $489 million USD. Compared to 2017, revenues remained practically constant, accompanying inflation, but costs rose by 18 percent. At the start of 2019, the operational numbers of the company registered a steep recovery. In 2017, the company showed signs of high growth with…
Aviation continues to keep people and economies connected as more people fly each year. As the 125th anniversary of the Wright Brothers' first flight’s was celebrated on Dec. 17, aviation enthusiasts and professionals had an opportunity to reflect on the progress the industry has made since the introduction of flight…
In what is widely regarding as the preeminent aviation event of the year, AirlineGeeks and American Airlines held the third annual AAviationDay on Friday to promote the beauty of aviation to adoring enthusiasts around the world. The yearly event is planned around National Aviation Day, a national observation day started…
The International Air Transport Association (IATA) is holding its Annual General Meeting and World Air Transport Summit (WATS) in Sydney, Australia this week. At a presentation on Monday, IATA Director General and CEO Alexandre de Juniac detailed a summary of the state of the airline industry in 2017 with the…
The volatility and uncertainty of the aviation industry were in evidence on Thursday with the release of 2017 results for two of Europe’s most well-known airlines, Lufthansa and Virgin Atlantic. Deutsche Lufthansa AG, the parent company of the German airline, reported a record 70 percent increase in earnings before interest…
