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A Qantas 787-9 Dreamliner, one of the new aircraft slowly replacing the Boeing 747-400. (Photo: Qantas)

Qantas Records Increased Revenue in 2019, Plans For Project Sunrise with Ultra-Long-Haul Research Flights

Qantas is looking back on another strong year financially while also looking to the future with a new experiment on the way in 2020. The airline posted record revenues over the last fiscal calendar year but failed to turn that into a record profit due to changes in fuel pricing and currency variations that cost the airline an additional $768 million. In total, the airline recorded a 17 percent drop in Underlying Profit Before Tax to $1.30 billion and a…

Qantas Records Increased Revenue in 2019, Plans For Project Sunrise…

Qantas is looking back on another strong year financially while also looking to the future with a new experiment on the way in 2020. The airline posted record revenues over the last fiscal calendar year but failed to turn that into a record profit due to changes in fuel pricing…

South African Airways to Separate into Three Units

South African Airways has been going through a long-standing period of loss-making due to a large number of factors including a bureaucratic company structure with allegations of corruption. In 2017 Vuyani Janara was appointed as the CEO, promising to change the way the company operates with a goal of profitability.…

WestJet Announces Route Expansion and Third Quarter Results

WestJet Airlines has announced a route expansion, along with financial results for the third quarter. The three new routes give Westjet two new transborder flights as well as a new destination in Europe. The third quarter saw WestJet return to profitability after reporting a loss in the second quarter. However,…

Flybe Stock Drops 40 Percent as More European Airlines Cease…

European regional airline Flybe took a beating recently over a revised revenue forecast worth 40 percent of the company’s value in trading on Wednesday. The airline expects a drop in revenues over the next six months due to falling consumer demand. This worsens the airline’s expected losses for the year…

Ryanair Shares Plummet After Issuing a Profit Advisory

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 of €1.11 billion to €1.2 billion. Ryanair shares have slumped almost 14 percent since the…

United Share Price Hits Record High

United Airlines reported a record share price on Friday with the value of its stock breaking the $90 mark for the first time. The value of the company has risen an incredible 33 percent this year, a greater increase than Delta, up 3.5 percent, and American Airlines which has seen…

Following the Money: The World’s Highest Revenue-Earning Airline Routes

Over 100,000 flights are operated daily across the world, ranging from a couple dozen miles to thousands on aircraft that vary in size from that of a family car to a veritable cruise ship in the sky. With all those aircraft and all those routes comes one goal for airlines:…

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…