Turkish low-cost Pegasus Airlines returned to profitability in Q2 compared to last year and also produced a record-high operating margin of 33.6 percent. The airline benefited from strong demand but is warning that the exceptionally high unit revenues from 2022 are…
Philippine Airlines (PAL) will continue to invest in renewing the fleet and service, now that the financial results are improving. The better results enable the airline “build a better, stronger and more agile Philippine Airlines that creates greater value for…
UPDATE – As the biggest operator of the Geared Turbofan in the US, Spirit Airlines expects to be hit hard by the latest engine issue. The airline will remove seven Airbus A320neos from service after Labor Day for accelerated inspections…
Wizz Air is reducing its summer capacity growth by five percent to 25 percent, citing “continued infrastructure and supply chain limitations that are facing the industry.” This has all to do with the accelerated inspections of the Pratt & Whitney…
UPDATE – Eleven months since first announcing its intention to exercise options, Wizz Air shareholders have finally approved an order for 75 Airbus A321neo’s. During the airline’s annual general meeting in Geneva, the proposed purchase got the support of 18.229.812…
Alaska Airlines mentioned it last week, JetBlue did it on Tuesday, and so has Frontier Airlines later on the day: US airlines are feeling stiff competition from the strong demand for international air travel. The US low-cost says that international…