Airlines
Trulli
A Viva Air Airbus A320 (Photo: Primx28 [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], from Wikimedia Commons)

Viva Air Peru Closes 2020 With 81% Growth

Viva Air Peru managed to maintain its market share at 11% and increase its punctuality rates by 87%. The carrier closed the year with operations on seven national and two international routes. Viva Air Peru closes the year with a load factor of 81% since the reactivation of its operations, transporting more than 566 thousand passengers in 2020 on more than 3,700 flights. In a press release, the low-cost company stated its commitment to its air inclusion in the country…

LATAM Shows Steady Recovery Despite Financing Struggles

LATAM Airlines reported on Monday its preliminary operating results for the month of August 2020, which demonstrate steady progress in the gradual recovery of the airline's network in both the domestic and international markets. The group operated at 13.9% of its capacity – measured in ASK – compared to August…

Boeing Confirms 747 End, Production Rate Reduction for Most Programs

Boeing announced today its results for the second quarter of the year and it comes as no surprise that the balance continues to be negative, even with the significant contribution of Boeing Defense & Space and Boeing Global Services. With Boeing Commercial facing such a challenging time, the company is…

Full Analysis: American Airlines Second Quarter Earnings Signal Both Growth…

American Airlines announced their second quarter earnings late last week, beating analyst expectations with revenues of $11.1 billion and a diluted EPS excluding special items of $1.92 vs analyst expectations of revenues of $11.08 billion and an EPS of $1.87. Second quarter net profit fell 15 percent due to increases…