EasyJet forecasts up to 19% pre-tax profit growth

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Published: July 24, 2014

UK low-cost carrier (LCC) EasyJet is forecasting up to 19% pre-tax profit growth for its 2013-14 financial year, after releasing details of its third-quarter performance. In a market update , easyJet said it expects to deliver a net profit of £545-£570 million ($ 929-$ 972 million) for the year to Sept. 30, 2014, 14%-19% up […]

Turkish Airlines in final stages of evaluating A380, 747-8I order

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Published: July 24, 2014

Subscribe to Access this Entire Article “Turkish Airlines in final stages of evaluating A380, 747-8I order ” 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 […]

Jet Airways announces three-year turnaround strategy with Etihad

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Published: July 24, 2014

Subscribe to Access this Entire Article “Jet Airways announces three-year turnaround strategy with Etihad” 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 […]

United Airlines 2Q net profit up 68% to $789 million

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Published: July 24, 2014

United Airlines parent United Continental Holdings earned net income of $ 789 million for the second quarter, up 68.2% over a net profit $ 469 million in the prior-year period, on a 3.6% rise in revenue to $ 8.98 billion. United has lagged the US industry’s financial recovery, reporting a first-quarter net loss of $ […]

Air Algerie: MD-83 appears to have crashed in Mali

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Published: July 24, 2014

A Boeing MD-83, chartered by Air Algerie from Spanish company Swiftair, appears to have crashed in Mali with 110 passengers and six crew members on board. AH5017 was operating from Ouagadougou in Burkina Faso to Algiers when contact was lost . In a statement released via its Twitter feed, Air Algerie said AH5017 appears to […]

FAA lifts ban on flights to Tel Aviv: monitors situation

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Published: July 24, 2014

FAA has lifted its ban on US airline flights into and out of Tel Aviv Ben Gurion Airport that was put in place after a rocket strike near the airport Tuesday. The agency has canceled its Notice to Airmen (NOTAM) that was first issued Tuesday and extended by another 25 hours. “Before making this decision, […]

Airbus A350 XWB begins final certification phase

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Published: July 24, 2014

The Airbus A350-900 has begun route proving flights , the final stage toward certification. The world tour, using A350 MSN5 test aircraft, includes 14 major airports worldwide and one route via the North Pole. The tests are designed to demonstrate readiness for airline operations and will include high airfield performance, auto-landing trials, and airport turnaround […]

Iberia pilots and ground staff agree to job cuts

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Published: July 24, 2014

Unions representing Iberia’s pilots and ground staff have approved a proposal covering up to 1,427 voluntary redundancies, which will be rolled out over the period to December 2017. At the beginning of July, Iberia launched a consultation for 1,581 voluntary redundancies, in addition to the 3,100 that were previously agreed. The consultation was due to […]

Southwest doubles 2Q net profit; exceeds ROIC target

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Published: July 24, 2014

Southwest Airlines posted a net profit of $ 465 million for the second quarter, more than doubling net income of $ 224 million in the prior-year quarter, and exceeded its pre-tax return on invested capital (ROIC) target for the 12 months ended June 30. Southwest has been endeavoring to return to the 15% or better […]

Southwest doubles 2Q net profit; exceeds ROIC target

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Published: July 24, 2014

Southwest Airlines posted a net profit of $ 465 million for the second quarter, more than doubling net income of $ 224 million in the prior-year quarter, and exceeded its pre-tax return on invested capital (ROIC) target for the 12 months ended June 30. Southwest has been endeavoring to return to the 15% or better […]

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