Articles tagged “airline earnings”

Strong Currency Is Hurting Thai Airways

Strong Currency Is Hurting Thai Airways

Suttinee Yuvejwattana, Bloomberg

Amid declining arrivals, a stronger baht, and stiff competition, Thai Airways with its aging aircraft falters.

1 month ago

United Airlines Ups 2019 Profit Forecast as Demand Jumps

United Airlines Ups 2019 Profit Forecast as Demand Jumps

Justin Bachman, Bloomberg

This is not the same United Airlines former CEO Jeff Smisek mismanaged earlier in the decade. The newish management team is on a roll, as the airline's financial statements show. How long can it last?

2 months ago

Alaska Air Slows Its Growth as It Focuses on Absorbing Virgin America

Alaska Air Slows Its Growth as It Focuses on Absorbing Virgin America

Brian Sumers, Skift

Alaska has always been a growth airline. But after acquiring Virgin America, it slowed slightly. Next year, the growth should pick up again. That should be good news for customers, as more capacity can spur lower fares.

5 months ago

Lufthansa Suffers First-Quarter Loss Because of Fuel Costs

Lufthansa Suffers First-Quarter Loss Because of Fuel Costs

John Bowker, Bloomberg

Rising fuel costs burn the German carrier’s first-quarter earnings. But favorable forward bookings and slowing capacity growth may bring some hope.

5 months ago

Etihad Airways Has Amassed $4.8 Billion in Losses

Etihad Airways Has Amassed $4.8 Billion in Losses

Christopher Jasper, Bloomberg

Out of annual revenue of $5 billion, $4.8 billion in losses is a lot to have piled up over the years. State-backed Etihad must fix its business model built around both hubs in a volatile region and its investment stakes in troubled carriers.

6 months ago

U.S. Airline Earnings Show Race Between Rising Costs and Higher Revenues

U.S. Airline Earnings Show Race Between Rising Costs and Higher Revenues

Jay Shabat, Skift

U.S. airlines are still struggling to recoup their higher fuel and labor costs. But as their fourth quarter results showed, they’re making progress. How? With help from some strong revenue tailwinds.

7 months ago

Aeromexico Struggles as Most North American Airlines Report Hefty Profits

Aeromexico Struggles as Most North American Airlines Report Hefty Profits

Brian Sumers, Skift

Aeromexico blamed its fourth quarter operating loss on one-off items. To a large extent that's true. But the airline still has some looming problems, which is probably why it won't grow at all this year.

7 months ago

United Airlines Avoids Fuel Cost Hit to Earnings With Higher Ticket Prices

United Airlines Avoids Fuel Cost Hit to Earnings With Higher Ticket Prices

Brian Sumers, Skift

We told you United would probably turn things around on finances when it hired revenue whiz Scott Kirby back in August 2016. And look what's happening. Now, it's time for the airline to improve its customer service, too.

11 months ago

WestJet Takes First Loss in 13 Years Due to Fuel Costs and Labor Strife

WestJet Takes First Loss in 13 Years Due to Fuel Costs and Labor Strife

Frederic Tomesco, Bloomberg

WestJet was a consistently profitable Southwest Airlines clone for years. Then management and the board decided that money-making model wasn't enough. They added turboprops and widebody aircraft, and the airline started flying to Europe. That strategy could eventually work, but for now, WestJet is struggling.

1 year ago

Southwest CEO Says Assigned Seats Still Don’t Make Sense

Southwest CEO Says Assigned Seats Still Don’t Make Sense

Brian Sumers, Skift

You have to give Southwest Airlines CEO Gary Kelly credit. Analysts are constantly prodding him to embrace tried-and-true approaches for generating ancillary revenue. For the most part, he resists. He doesn't want to mess with the airline's secret sauce.

1 year ago

Can JetBlue Cut Costs and Maintain Margins While Fuel Prices Keep Rising?

Can JetBlue Cut Costs and Maintain Margins While Fuel Prices Keep Rising?

Brian Sumers, Skift

JetBlue is doing its best to ensure its cost-cutting approach won't affect passengers. But on the periphery, the airline's customers might notice some differences as JetBlue tries to remove $300 million in non-fuel cost by 2020.

1 year ago