Ukraine: MH17 crashed due to ‘multiple fragmentation damage caused by missile explosion’

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Published: July 28, 2014

The Malaysia Airlines (MH17) Boeing 777-200ER that crashed over Ukraine July 17, killing all 298 on board, was destroyed because of “massive explosive decompression” due to “multiple fragmentation damage caused by a missile explosion,” according to the Ukrainian Security and Defense Council. Speaking at a press briefing at the Ukraine Crisis Media Center on Monday, […]

Ukraine: MH17 crashed due to ‘multiple fragmentation damage caused by missile explosion’

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Published: July 28, 2014

The Malaysia Airlines (MH17) Boeing 777-200ER that crashed over Ukraine July 17, killing all 298 on board, was destroyed because of “massive explosive decompression” due to “multiple fragmentation damage caused by a missile explosion,” according to the Ukrainian Security and Defense Council. Speaking at a press briefing at the Ukraine Crisis Media Center on Monday, […]

Ryanair more than doubles 1Q net profit

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Published: July 28, 2014

Ryanair reported first-quarter net income of €197 million ($ 264.5 million), more than doubled from a €78 million profit in the year-ago period, due partly to the timing of the Easter holidays. “Q1 profits were boosted by a strong Easter, but are somewhat distorted by the absence of Easter on the prior year Q1,” Ryanair […]

Qantas could split domestic operations

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Published: July 28, 2014

Subscribe to Access this Entire Article “Qantas could split domestic operations” is part of ATW Plus , our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here . If […]

Allegiant Air reports $33.5 million 2Q net profit

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Published: July 26, 2014

Las Vegas-based Allegiant Travel Co., parent of Allegiant Air, reported second-quarter net income of $ 33.5 million, up 29.9% from $ 25.8 million in the year-ago quarter . Total operating revenue was $ 290.5 million, up 13.6% year-over-year, while expenses rose 9.9% to $ 234.1 million, producing an operating profit of $ 56.4 million, up […]

American Airlines reports record-setting 2Q profit

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Published: July 26, 2014

American Airlines Group—in its second reporting period since the merger last December of American Airlines and US Airways—reported a record-setting net profit of $ 864 million, up 70.4% year-over-year from the combined carriers’ $ 507 million net profit in the 2013 June quarter. Pre-merger, American Airlines’ standalone 2013 second-quarter net profit was $ 220 million; […]

Alaska Air Group 2Q net profit up 59%

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Published: July 26, 2014

Alaska Air Group, parent of Alaska Airlines and Horizon Air, reported $ 165 million net income for the second-quarter, up 58.7% from a $ 104 million net income in the second-quarter of 2013 . Excluding the impact of mark-to-market fuel hedge adjustments of $ 13 million, the carrier reported a record second-quarter adjusted net income […]

Air France-KLM narrows 1H losses

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Published: July 26, 2014

Air France-KLM Group reported a first-half net loss of €614 million ($ 827 million), narrowed from a net loss of €799 million reported for the same period in 2013. The group also narrowed its first-half operating loss to €207 million, more than halving the €448 million loss reported for the year-ago period. The airline said […]

Air Algerie MD-83 wreckage found in Mali; no survivors

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Published: July 25, 2014

[UPDATED] The wreckage of Air Algerie Flight 5017 (AH5017) has been found in a “disintegrated state” in the Gossi region of northeastern Mali, near the border of Burkina Faso, according to French President Francois Hollande. He confirmed there were no survivors. Speaking Friday after a meeting with senior cabinet officials, Hollande said a French military […]

Mandala closure deepens Tigerair’s 1Q loss

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Published: July 25, 2014

Singapore-based low-cost carrier (LCC) Tigerair Group reported an after-tax loss of SGD65.2 million ($ 52.6 million) for the quarter ended June 30, 2014 (1Q FY15), deepening the SGD32.8 million loss reported for the same period the previous year (1Q FY14). During the quarter, the airline reported an operating loss of SGD16.4 million, compounding the operating […]

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