Growth

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 analysts and the adjusted earnings […]

According to Airbus, the amount of aircraft seating between 100 passengers and 500 passengers will grow from close to 19,000 to over 40,000 by 2036. This would significantly exceed the current growth rate of 4.4% per year. However, according to the aircraft manufacturer, the quantity of new planes will not be the only numbers rising. […]

Europe’s largest low-cost carrier Norwegian has reported sizable growth in February. This comes after they reported large growth in 2016.  In a statement, the airline reported a total of 2,090,343 passengers in February alone, which has given them a passenger increase of 218,947 from the same period in February 2016. Norwegian’s growth has primarily come […]

Manchester Airport recorded a record-breaking January 2017 to kick-start the airport’s accolades for the year. Over 1.6 million passengers passed through Manchester within that single month, which contributes to the airport’s 11.3% year-on-year growth. This record displaces Stockholm as Manchester enters the leader board. Because of this surge, the annual rolling total of passengers accounts to 25.8 […]

While many have watched in recent years how the Middle Eastern carriers, including Etihad Airways, Emirates Airlines, and Qatar Airways have grown dramatically, Etihad has pursued and succeeded in a unique growth strategy of co-ventures around the world. Founded in July 2003 by the government of the United Arab Emirates, Etihad has quickly grown from […]