finance

On March 14, Air Mauritius Board Chairman Kishore Beegoo, who assumed the role in January, addressed the press to outline the dire state of Air Mauritius.

Ultra-low-cost carrier Spirit has reported a net loss of just under $1.23 billion for 2024, just weeks after exiting Ch. 11 bankruptcy.

Financial firms JPMorgan Chase and HSBC Holdings have been using unnamed commercial airlines to move gold bars from London to New York City.

Even with conservatively planned delivery numbers, Southwest CEO Bob Jordan said the beleaguered manufacturer “appears to be on a good path.”

Delta announced Friday that its employees will receive $1.4 billion as their share of the carrier’s 2024 profits as it celebrates its centennial anniversary.

Mexico’s military-run airline – Mexicana de Aviación – is scaling back its route network following a $50 million loss in 2024.

Spirit reported a net loss of $308 million for the quarter ending Sept. 30, 2024, according to a Monday filing with the SEC.

Spirit announced that it filed a disclosure with the Securities and Exchange Commission stating the carrier is unable to file its Q3 earnings.

Air Seychelles has reported a profit of USD $7 million in 2023, highlighting a strong continuation of its recovery efforts.

Airline revenue management teams analyze large amounts of data and forecast demand to help inform future pricing decisions.