profits

News

Virgin Australia Adjusts Capacity as Low Demand Hampers Profits

May 19, 2019 Vanni Gibertini

Softening demand in both business and leisure markets is projected to send Virgin Australia’s accounts into the red. In an investor update delivered to the markets on May 17, the Australian carrier announced estimated earnings

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Norwegian Releases Shares in Hopes of Long-Term Sustainability

January 30, 2019 Jose Antonio Payet

Norwegian’s troubled financial situation is no news; as its rapid transatlantic expansion that set pace for an increasingly dynamic and cost-driven market between North America and Europe is passing the bill with fierce competition, volatile

News

Emirates Reports Sudden Drop in Profits Due to Rising Fuel Prices

November 17, 2018 Akhil Dewan

Dubai-based Emirates announced that its half-year profits suffered an 86 percent drop on Thursday. The news comes after the carrier, one of the largest in the Middle East, was hit by sudden hikes in oil

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Jet Airways Sees Heavy Losses While Continuing to Struggle in Indian Market

November 12, 2018 Pablo Diaz

Jet Airways is facing a tough scenario, as it is taking heavy losses per a combination of rising costs and steep income deprecation. The tough industry environment in the backdrop of a sharp rise in

News

Ryanair Shares Plummet After Issuing a Profit Advisory

October 3, 2018 Will Lee

Ryanair is struggling pursuit of profit and the low-cost carrier giant has warned that the full-year profit will be lower than expected. The expected profit was €1.25 billion to €1.35 billion, to a new range

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South African Mulling Asset Sale to Stay Afloat

September 25, 2018 Ian McMurtry

South African Airways is yet again looking for help as the airline attempts to get out of its financial hell hole from years of being unprofitable. The carrier, who has taken numerous government cash injections

Airlines

Rising Fuel Costs Crashes the Profitability Party

June 9, 2018 Hemal Gosai

The aviation industry is known for having high costs. Multi-million dollar machines fly across the world carrying passengers seeking a bargain. It’s hard to run a consistently profitable airline when so many factors impact profitability;

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

Airlines

IndiGo Posts Record Profit Driven by Domestic Traffic Growth

August 2, 2017 Akhil Dewan

Low-cost carrier and India’s largest airline by passengers and fleet size, IndiGo, has just posted its highest ever quarterly profit at Rs. 811 crore, or $127 million. The Delhi-based airline is one of few airlines

profits

Virgin Australia Adjusts Capacity as Low Demand Hampers Profits

Norwegian Releases Shares in Hopes of Long-Term Sustainability

Emirates Reports Sudden Drop in Profits Due to Rising Fuel Prices

Jet Airways Sees Heavy Losses While Continuing to Struggle in Indian Market

Ryanair Shares Plummet After Issuing a Profit Advisory

South African Mulling Asset Sale to Stay Afloat

Rising Fuel Costs Crashes the Profitability Party

$2.2 Billion: Two Ways to Run a Profitable Airline

IndiGo Posts Record Profit Driven by Domestic Traffic Growth

Flybe Chief Executive Ponders Future Route Cuts Due to Environmental Responsibility

Alitalia Still Without a Savior, Is the End Approaching?

Spirit Goes Cancun Crazy With Five New Routes

Lufthansa Cabin Crew to Strike

Onboard the Final Flight: Qantas Transfers Newly-Retired Boeing 747 to Rolls-Royce