Hawaiian Airlines swings to $25.9 million net profit in 1Q

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Published: April 25, 2015

Hawaiian Airlines parent Hawaiian Holdings posted a first-quarter net profit of $ 25.9 million, reversed from a $ 5.1 million net loss in the year-ago quarter . Hawaiian president and CEO Mark Dunkerley said, “Producing these record results for the seasonally weak first quarter demonstrates the growing strength of our business.” He credited low fuel […]

Amadeus report forecasts travelers will fall into six ‘tribes’ by 2030

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Published: April 24, 2015

Subscribe to Access this Entire Article “Amadeus report forecasts travelers will fall into six ‘tribes’ by 2030″ 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 […]

Air New Zealand selects Pratt & Whitney GTF engines for A320neos

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Published: April 24, 2015

Pratt & Whitney has won the engine selection on Air New Zealand’s firm order for 13 Airbus A320neo family aircraft. Air New Zealand inked the order for 10 A320neos and three A321neos last year. Pratt announced Friday that the airline had selected PW1100G geared turbofan engines to power the aircraft. CFM International LEAP-1A engines are also […]

IT & Distribution

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Published: April 24, 2015

Gogo has launched a crew messaging service, Crew Connect for Airline Operational Services. Crew Connect is a messaging platform that allows flight crews to communicate by voice or text messaging with each other and with ground crews while the aircraft is in flight. The service is an application-based service, available on Android, Apple and Microsoft devices […]

Peter Hill set to become Fiji Airways CEO

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Published: April 24, 2015

Fiji Airways is set to appoint industry veteran Peter Hill as its new CEO following the departure of former CEO Stefan Pichler in February . Pichler, who is now CEO of Airberlin, said last month that a field of some 42 applicants for the top job at Fiji Airways had been “narrowed down to just […]

Swiss International Air Lines expects first CSeries delivery in late 2016

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Published: April 23, 2015

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Southwest earns $453 million 1Q net profit; ROIC over 25%

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Published: April 23, 2015

Coming off its best-ever full-year earnings performance in 2014, Southwest Airlines’ momentum continued in the 2015 first quarter with net income of $ 453 million, nearly tripling a net profit of $ 152 million in the prior-year quarter. The Dallas-based carrier’s first-quarter revenue rose 6% year-over-year to $ 4.41 billion while expenses decreased 8% to […]

United Airlines swings to $508 million net profit in 1Q

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Published: April 23, 2015

United Continental Holdings, parent of United Airlines, reported a first-quarter net profit of $ 508 million, including $ 74 million of special charges, a $ 1.12 billion year-over-year (YOY) swing to profitability from the company’s $ 609 million net loss in the 2014 March quarter . Excluding special charges, United’s first-quarter net profit was $ […]

United Aircraft Corp. expects to double revenue in next decade

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Published: April 22, 2015

United Aircraft Corp. (UAC) hopes to double its revenue over the next 10 years to RUB800 billion ($ 15 billion) and produce at least 300 aircraft per year, half of which should be civil aircraft, UAC president Yury Slusar said. Slusar, who was appointed president in January, said the corporation will manufacture 193 aircraft this […]

Mexico’s Volaris swings to $20 million profit in 1Q

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Published: April 22, 2015

Mexican ultra low-cost carrier (ULCC) Volaris has posted a first-quarter net profit of MXP306 million ($ 20.1 million), reversing a MXP370 million net loss for the 2014 March quarter . “We continue to diversify our network and strengthen our unbundled product strategy, increasing our international presence and growing non-ticket revenues while maintaining cost discipline,” Volaris CEO Enrique […]

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