Delta Air Lines release its 2014 financial statements, highlighted by $4.5 billion in pre-tax profit, $3.7 billion in free cash flow, $1.35 billion returned to shareholders through stock repurchases and dividends, and a 20.7% return on invested capital. This is…
One of today’s best panels was titled the “Fleet Managers” and moderated by Helane Becker from Cowen & Co. On the panel were Nathaniel Pieper from Delta, Jude Bricker from Allegiant and Jose Yunda from Avianca. Mr Pieper started off…
Indigo Partners Managing Partner Bill Franke is an industry legend. His background in the industry is not only long, but global. His business has invested in LCCs all over the world. This means his industry view is not exclusively US-oriented.…
This story is premium content for subscribers only. Sign in to your account. Sign up for Corporate account Sign up for Annual individual plan Sign up for a Monthly individual plan
The key issue from today’s Airline Economics event in Dublin has been the unexpected windfall for the industry because of lower fuel prices. The most immediate expectation is that airlines are getting to make windfall profits. This is obviously good…
Mitsubishi provided some images overnight on their MRJ’s first engine run. The program is moving rapidly towards first flight. We understand that Mitsubishi is facing the same kind of problems other OEMs have been challenged with – namely systems integration. …