The US airline industry is amid earning season. The reported earnings and news have been great. Records are being broken. The pandemic is behind us. Pilots are getting 40% pay increases. Everything is rosy! Let’s talk about the news not…
United Airlines reports its highest-ever quarterly earnings, buoyed by growth in high-margin international travel. United earned more than $1 billion in the second quarter, despite a series of storms that interrupted operations at its Newark hub and resulted in the…
Air New Zealand has upped its first half-year guidance, expecting higher earnings thanks to the continued strong demand on both its domestic and international network. A helping factor is a decline in fuel prices, the airline said in a trading…
GE Q3 Earnings
The 15-day pilot strike in July has cost Scandinavian airline SAS some SEK 1.4 billion ($135 million). It erased most earnings from the higher demand and higher revenues that SAS saw in the third quarter (May-July) of FY22. The carrier continues…
Delta stated today on its earnings call its concern with rising fuel prices, and how this will negatively impact their earnings. The rise in traffic is welcome, but that rise may not be fast enough to offset rising fuel costs.…