ExpressJet Files Chapter 11
ExpressJet Airlines today filed for bankruptcy
Category Airlines
Play starts to see the benefits of economies of scale
Iceland’s newest airline, Play, thinks that it has turned the corner on its worst losses and will produce an operating profit later this year. This is all thanks to reaching certain economies of scale in its fleet, network, and operations…
Watching Breeze making headway
there are signs that Breeze is making progress
TAP Portugal improves but net income still negative
On the back of a strong second quarter, TAP Portugal reported improved results and reduced losses for the quarter and first six months. But the airline is still in restructuring and needs state support, although it is considering refinancing its debts,…
American adds regional capacity with Air Wisconsin deal
US regional airline Air Wisconsin Airlines has entered a five-year capacity purchase agreement with American Airlines, which becomes effective no later than March 2023. The regional carrier shifts capacity to American Eagle from United Airlines, as the current contract with United…
AirAsia X restarts with a quarterly loss
AirAsia X Malaysia ended the June quarter with an RM-652.5 million net loss. As the low-cost long-haul carrier resumed passenger operations in the quarter after two years of grounding due to the Covid crisis, the result can’t be compared to…