Austin Welcomes New Airlines, Prepares for Record-Breaking Capacity

Austin landed another high-profile route this week when Virgin Atlantic announced its plans to connect the Texas capital with London Heathrow. The new year-round service will commence on May 25 and operate four times weekly. This marks the first new U.S. route for Virgin Atlantic since 2015. The airline currently…

Denver International Adds First New Gates in Expansion

Today, Denver International Airport unveiled four new gates in concourse B, the first addition from a long-awaited expansion project to begin use. The four new gates, located on the west side of the concourse, will be used by United Airlines starting this weekend. The new gates are part of a…

Qantas Operates Repatriation Flights While Growing Domestic Operations

COVID-19 continues to drastically affect the airline industry, and several airlines — particularly in the U.S. — are actively and rapidly adding new routes to attract passengers and stay afloat. Meanwhile, Qantas looks to work with the Australian government to bring home 1,315 Australians who are currently stuck abroad for…

Ethiopian Airlines Records Strong Half-Year Profit

Though unaudited, Ethiopian Airlines (Ethiopian) posted strong half-year financial returns in the current fiscal year with Public Enterprises Agency, reporting a $260 million in profit for the 2019-2020 year. $2.1 billion recorded in revenues made it the second most profitable state-owned corporation in Ethiopia. The airline also foresees a gross…

Ethiopian Airlines Sets Stage for New Hub Airport

Ethiopian Airlines CEO Tewolde Gebremariam on Wednesday said that his airline would look to begin construction on a new $5 billion airport that would enable it to grow well beyond the capacity of its current hub at Addis Ababa Bole International Airport. Reuters reported that the airport, which Gebremariam believes…

Singapore Changi Passenger Numbers Take off in October

According to Singapore Changi Airport, the vibrant Asian hub has handled 5.38 million passengers in October, a 4.3 percent increase compared to last year. Airfreight also grew 2.1 percent to reach 190,000 tonnes and the aircraft movement were 3.2 percent higher than the same period last year. In October, all…

Laudamotion Announce Expansion Plans, New Livery and Growth Initiatives

Laudamotion, the Austrian low-cost airline which took over the insolvent Niki earlier this year, has announced that it will double its fleet size from 9 to 18 Airbus A320 aircraft for summer 2019. The carrier, which focuses on the Austrian and German markets, has had a successful first summer season…

Delta Looking to Asia for Revenue Growth

After Atlanta-based Delta Air Lines announced the resumption of its service to India, the carrier has stated that it is looking to Asia for future revenue growth. In a statement at the National Press Club luncheon, Delta CEO Ed Bastian stated that two-thirds of the carrier's revenue comes from domestic…

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

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 third quarter of 2016 at $624 million. Total revenue of $10.9 billion was expected by…