finance

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Allegiant Stock Slips after ’60 Minutes’ Examines Safety Record

April 16, 2018 AirlineGeeks.com Staff

Allegiant Air was the subject of Sunday’s episode of ’60 Minutes’ on CBS. In roughly 30 minutes, the program scrutinized the airline’s safety record, via interviews from industry and union representatives, passengers, and FAA records or previous

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Delta Sets the Pace for a Strong Industry Outlook

April 13, 2018 Hemal Gosai

Delta Air Lines posted record revenues for the first quarter of 2018 and set an upbeat tone for the entire industry. The airline had an operating revenue of $9.76 billion and a net income of

Airlines

Etihad’s Push for Profitability

March 18, 2018 Parker Davis

Once upon a time, Etihad Airways, for many, was the epitome of luxury in air travel. For many, they still are. With the Residence – a true three-room apartment in the skies – sitting in

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Lufthansa Group Reports Record Profit, Virgin Atlantic Back in the Red

March 15, 2018 John Flett

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

News

Cathay Pacific Racks Up First Back-To-Back Loss In 71 Years

March 14, 2018 Akhil Dewan

Hong Kong-based Cathay Pacific announced a loss of $1.45 billion HKD ($185 million USD), nearly triple the $525 million HKD ($66.9 million USD) loss reported a year ago. This loss signifies the airline’s first back-to-back

Airlines

WestJet Announces Surprising Executive Leadership Change

March 12, 2018 John Flett

Canada’s second-largest airline, WestJet, announced last week that their long-time CEO Gregg Saretsky would be retiring with immediate effect. The move on Thursday surprised many in the aviation industry given the immediacy of the decision

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A Big Step Back for Qatar Airways

March 11, 2018 Parker Davis

Qatar Airways announced on Wednesday they would report a “very large loss” for the current fiscal year as a result of a blockade placed on the nation by various other Middle East nations last June.

Airlines

Airline Giant HNA Aviation Given Lifeline by Chinese Government

March 5, 2018 Jace Moseley

China’s HNA Group, owner of Hainan Airlines, has been granted a lifeline by the Chinese government amid recent financial troubles, mainly surrounding a large amount of debt accrued due to numerous acquisitions. One of HNA’s largest

Airlines

$2.2 Billion: Two Ways to Run a Profitable Airline

December 29, 2017 Parker Davis

$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

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Whether to Lease or to Buy: An Introduction to Aircraft Leasing

November 17, 2017 Hemal Gosai

Aircraft are considerably expensive purchases, especially when buying dozens of them for your airline. With orders frequently totaling in the billions of dollars, it is hard to imagine how an airline could possibly pay for

News

American Airlines Releases Q3 Earnings: Analysts React to 2018 Capacity Growth

October 27, 2017 Hemal Gosai

On October 26, American Airlines presented its third-quarter results, highlighting operating revenues up 2.7 percent year-over-year to $10.9 billion. However, due to increased costs, the net income was down more than 15 percent from the

Airlines

Part One: An Introduction to Airline Fuel Hedging

September 2, 2017 Hemal Gosai

While news organizations often announce airlines’ financial results, it quickly becomes difficult to further dissect and understand the major cost drivers, particularly related to fuel. This is the first part of a two-part series explaining

Airlines

The Importance of PRASM: What Is It and Why Is It So Critical for U.S. Airlines

August 25, 2017 Hemal Gosai

Passenger Revenue per Available Seat Mile (PRASM) is a term thrown around the airline industry often. It’s a division of passenger revenue by available seat miles. The question of its importance has caused a divide

finance

Allegiant Stock Slips after ’60 Minutes’ Examines Safety Record

Delta Sets the Pace for a Strong Industry Outlook

Etihad’s Push for Profitability

Lufthansa Group Reports Record Profit, Virgin Atlantic Back in the Red

Cathay Pacific Racks Up First Back-To-Back Loss In 71 Years

WestJet Announces Surprising Executive Leadership Change

A Big Step Back for Qatar Airways

Airline Giant HNA Aviation Given Lifeline by Chinese Government

$2.2 Billion: Two Ways to Run a Profitable Airline

Whether to Lease or to Buy: An Introduction to Aircraft Leasing

American Airlines Releases Q3 Earnings: Analysts React to 2018 Capacity Growth

Part One: An Introduction to Airline Fuel Hedging

The Importance of PRASM: What Is It and Why Is It So Critical for U.S. Airlines

The New Law that Could Change How Travelers Book Flights

Trent Effect: LATAM Plans Los Angeles Flights on Leased 747

New Report Shows Record Low Number of Mishandled Baggage in 2017

Austrian Airlines Updates Livery as Part of Rebranding

JetBlue Expands Mint Service from New York