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Canada’s largest airline announced its first-quarter earnings. The key data points are: Total operating revenues of $5.2 billion increased 7% year over year Operating income of $11 million and adjusted EBITDA of $453 million Double-digit on-time arrivals improvement from the…
Prefer immediate full access? Subscribe for complete analysis + ongoing updates Want this applied to your fleet or portfolio? We can run a focused 15–20 minute walkthrough on the implications for your specific programs or risk exposure — or put…
American Airlines Group, Inc. reported its first quarter 2024 financial results today with a net loss of $312 million, or ($0.48) per share. First-quarter revenues set a record for the carrier at $12.57 billion, up 3.1% year-over-year, and the company…
airBaltic published its 2023 Annual Report. The company recorded its highest profit of €34 million – an increase of €88 million over 2022. The airline group’s revenue increased to an all-time high of €668 million, a 34% increase compared to…
The International Air Transport Association (IATA) released its 2023 Annual Safety Report for global aviation. Aviation continues to progress on safety, with several 2023 parameters showing “best-ever” results. There were no hull losses or fatal accidents involving passenger jet aircraft…