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Boeing Reports First Profit Since 2019 In Quarter 2 Earnings

On Wednesday, July 28, aircraft manufacturer Boeing held its second quarter earnings call for 2021, posting its first profit in nearly two years. This comes at a time when the industry recovery trend continues to accelerate forward following less travel…

Alaska’s Second Quarterly Report Show Smaller Losses, Increased Revenue

Alaska Airlines recently held an earnings call and announced its second quarterly reports for 2021, citing a net income of $397 million compared to last year’s net loss of $214 million at the peak of the COVID-19 ordeal. Additionally, the…

‘This is the worst it’s ever been:’ An Interview with…

Airline industry tycoon Bob Crandall is no stranger to the peaks and pitfalls of the airline industry. As the former president and chairman of American Airlines from 1985 to 1998, Crandall is known for his unique cost-cutting strategies and outspokenness…

Ryanair Expects More Than $1 Billion in Losses

The impact of COVID-19 has been unprecedented in the air transport industry as in many economic sectors around the world. Many airlines are facing serious economic difficulties this year due to the important decrease in demand. Many big legacy carriers…

SKY Airlines Plans to Issue $100 Million In Bonds, Go…

SKY, the Chilean airline owned by businessman Jürgen Paulmann, will look to the capital markets for an injection of resources that will allow the carrier to continue flying. For this, SKY Airlines plans to launch the issuance of bonds for…