revenue

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. Two years in and with […]

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, the profit recorded is less […]

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 to over $25 million, which […]

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 warning was issued. Starting on […]

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 its value drop by 23 […]

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: to make as much money […]

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 travel, but overseas revenue could […]