Delta Leads the Way as Airlines’ Profits Soar
Airlines may have been pounded financially for the past decade, but changes to their business models over the past couple of years helped make the second quarter one of the best earnings seasons in the industry’s history. Did you like this? Share it:Tweet
Southwest Airlines Second Quarter Profit Rises 34%
Southwest Airlines said Thursday that its second-quarter profit rose 34% from the year-ago period, as increased demand and disciplined seat-capacity management helped to drive ticket prices higher. Did you like this? Share it:Tweet
US Airline Traffic Rises in June
US Airline companies have reported their June 2010 traffic results. Airlines traffic, measured in billions of revenue passenger miles, increased from an improvement in the global economy, improved business travel, international traffic and rising fares. Airlines are increasing their capacity in order to restore profitability and posted higher unit revenue growth for the month of [...]
Republic Airways Announces Plan to Acquire 24 Embraer 190 Jets
Republic Airways Holdings Inc.announced today it has signed a Letter of Intent (LOI) with Embraer to acquire 24 new Embraer 190 aircraft with the option to convert any of the aircraft in the order to the larger Embraer 195 model. The LOI is subject to final documentation, including final commercial terms. Did you like this? [...]
American Eagle Holds Exclusive Hiring Event at ATP Flight School
American Eagle Airlines sent their best Pilot Recruiters to ATP Flight School’s Corporate Headquarters yesterday to speak with a packed room of ATP Flight Instructors, Students and guests. Did you like this? Share it:Tweet
United Airlines Reports 2Q Profit of $273M; Best Quarter Since 3Q 2007
United Airlines turned in its best quarter in years, a $273 million moneymaker that benefited from returning business travelers and tight cost controls. Did you like this? Share it:Tweet
American Airlines Orders 35 More Boeing Jets
American Airlines orders 35 Boeing jets to upgrade its fleet and phase out some gas-guzzling planes. Did you like this? Share it:Tweet
Boeing Predicts Airline Growth for Next 20 Years
Boeing Company, the World’s largest manufacturer of airliners, released its 2010 Current Market Outlook estimating a $3.6 trillion market for new commercial airplanes in the next 20 years. Boeing’s projection of growth is based on the recovery witnessed in world economies and strong demand for fleet addition and replacement. Did you like this? Share it:Tweet
Delta Posts $467M Profit in 2nd Quarter
Delta Air Lines Inc. reported its largest quarterly profit in a decade on Monday. Did you like this? Share it:Tweet
Republic Airways Holdings June Preliminary Traffic Up 118%
Republic Airways Holdings Inc. announced June total traffic of 1.97 billion revenue passenger miles, compared to 0.90 billion revenue passenger miles last year. Capacity for the period was 2.29 billion available seat miles, compared to 1.14 billion available seat miles last year. System load factor for the month rose to 86.0% from 79.0% in the [...]
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