earnings

United Airlines reported its fourth quarter earnings on Tuesday, presenting earnings and revenues that exceeded expectations.

The second quarter of 2022 brought with it all the murkiness and uncertainty that have become standard in the airline industry since March 2020. The three-month period from April to June was headlined by JetBlue Airways and Frontier Airlines staging a public battle to purchase Miramar, Fla.-based Spirit Airlines, which after months of higher bids and […]

Delta Air Lines released its financial results for the second quarter of the year. Revenues exceeded the company’s projections for the period, while earnings per share came in below expectations. Rising costs hurt earnings between April and June, although demand for air travel did not wane despite rising inflation in the United States. “I would like […]

On Thursday, Alaska Airlines released its first quarter earnings for 2022, posting a net loss of $143 million for the quarter ending March 31.  The Seattle-based carrier reported a loss of  $1.14 per share, compared to a net loss of $131 million, or $1.05 per share in the first quarter of 2021 during a peak […]

U.S. airline industry earnings season continued Thursday morning as rival legacy carriers American Airlines and United Airlines released figures from the fourth quarter and all of 2021. The pair of airlines followed competitor Delta Air Lines’ lead with a beat on the top and bottom lines. United reported a total load factor — a measure […]

This Monday, the LATAM Airlines Group reported that it foresees better operational prospects for the next six months, despite the profound impact of the pandemic in Latin America so far this year. In a press release, the group stated that it plans to reach a capacity greater than 50% of its pre-pandemic operations, measured in […]

On Thursday, American Airlines revealed its numbers for the second quarter of 2021, posting its first profit since the beginning of the pandemic. Specifically, the Fort Worth, Tex.-based carrier totaled a $19 million net profit, boosted by funds via the U.S. government’s Payroll Support Program – PSP. The Numbers During the second quarter of 2021, […]

Aeroméxico is currently working to incorporate new aircraft into its fleet with plans to add 12 new Boeing 737 MAX aircraft in the coming months, with the first arrival planned for October. In a press release, the Mexican carrier stated that these orders were in addition to the 28 that the company announced in April, […]

Fleet renewals have been an essential step in many airlines’ recovery strategies as they fly through the storm brought about by the Covid-19 pandemic, which has resulted in numerous accelerated aircraft retirements and extended delays in production. Some airlines have used it to their advantage — and Delta Air Lines is an example, having used […]

Cebu Air, the listed operator of budget carrier Cebu Pacific, posted a net loss of P7.3 billion (US$152.6 million) in the first quarter of 2021, as the Philippines struggles to contain COVID-19 infection cases, Business World reports. Cebu Air’s net loss is 516% higher than the US$25.1 million net loss it sustained in the same […]