financial

News

Aerolineas Argentinas Takes a Big Hit in 2018 Financials

May 22, 2019 Pablo Diaz

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

News

Brexit Uncertainty Hits European Aviation as easyJet Reports Record Loss and Thomas Cook Troubles Intensify

May 20, 2019 John Flett

U.K. low-cost carrier easyJet has announced a record $352 million headline loss before tax for the first six months of its financial year. According to the airline’s chief executive officer, Johan Lundgren, the half-yearly result

News

WOW air Returns Leased Aircraft Amid Financial Woes, Leaves Icelandair Deal in Jeoprady

November 28, 2018 Daniel Morley

Icelandic ultra-low-cost carrier WOW air has returned four aircraft to lessors with two Airbus A330s and two Airbus A320 family aircraft departing Reykjavik earlier yesterday for storage, beginning the process of returning to their lessors. The

Top Story

Shake Up at Alaska Airlines Causes Airline to Layoff Employees

October 14, 2018 Akhil Dewan

Seattle-based Alaska Airlines is reportedly going to cut 100 jobs and is looking at layoffs. Employees were notified via an email from Andy Scheider, Vice President and head of human resources for the airline. “We

News

South African Airways Posts Seventh Straight Loss, Shows Uncertain Future

May 19, 2018 John Flett

South African Airways (SAA) is facing an uncertain future after reporting its seventh straight loss for the latest fiscal year 2017-18. The 5.7 billion rand (445 million dollars) loss, a figure more than double that expected,

financial

Aerolineas Argentinas Takes a Big Hit in 2018 Financials

Brexit Uncertainty Hits European Aviation as easyJet Reports Record Loss and Thomas Cook Troubles Intensify

WOW air Returns Leased Aircraft Amid Financial Woes, Leaves Icelandair Deal in Jeoprady

Shake Up at Alaska Airlines Causes Airline to Layoff Employees

South African Airways Posts Seventh Straight Loss, Shows Uncertain Future

Mandarin Airlines to Launch Charter Flight to Tottori, Japan

Heathrow Passengers Face Summer Disruptions Due to Industrial Action

The Longest Scheduled Routes Operated by Boeing’s 757

Handy Tips for Aussie Frequent Fliers

Vistara Announces Flights to Singapore and New Codeshare Agreements