China Southern Orders 20 Airbus A350s

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Published: April 27, 2017

April 26, 2017 China Southern Airlines has ordered 20 Airbus A350-900s in a deal worth USD$ 6.2 billion at current list prices. The aircraft will be delivered between 2019 and 2022, China Southern said in a submission to the Hong Kong Stock Exchange. Six will be delivered in each of 2019 and 2020, and four […]

China Southern Orders 20 Airbus A350s

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Published: April 27, 2017

April 26, 2017 China Southern Airlines has ordered 20 Airbus A350-900s in a deal worth USD$ 6.2 billion at current list prices. The aircraft will be delivered between 2019 and 2022, China Southern said in a submission to the Hong Kong Stock Exchange. Six will be delivered in each of 2019 and 2020, and four […]

China Southern Orders 20 Airbus A350s

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Published: April 27, 2017

April 26, 2017 China Southern Airlines has ordered 20 Airbus A350-900s in a deal worth USD$ 6.2 billion at current list prices. The aircraft will be delivered between 2019 and 2022, China Southern said in a submission to the Hong Kong Stock Exchange. Six will be delivered in each of 2019 and 2020, and four […]

Allegiant Q1 Profit Drops On Fuel, Staff Costs

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Published: April 26, 2017

April 25, 2017 Allegiant Air parent Allegiant Travel Company reported a first quarter net profit of USD$ 41.6 million, a 42.2 percent drop as fuel and staff costs weighed. Operating revenue for the quarter to end March was up 7.8 percent at $ 375.8 million, but expenses were up 33.2 percent to $ 302.9 million, […]

JetBlue Q1 Net Income Drops 59 Percent

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Published: April 26, 2017

April 25, 2017 JetBlue Airways posted net income of USD$ 85 million for the first quarter as operating expenses, especially fuel costs, rose. The Q1 net profit was a 58.8 percent drop from 1Q16’s $ 207 million net. Operating income was down by a similar percentage to $ 147 million from $ 349 million. Revenue […]

JetBlue Q1 Net Income Drops 59 Percent

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Published: April 26, 2017

April 25, 2017 JetBlue Airways posted net income of USD$ 85 million for the first quarter as operating expenses, especially fuel costs, rose. The Q1 net profit was a 58.8 percent drop from 1Q16’s $ 207 million net. Operating income was down by a similar percentage to $ 147 million from $ 349 million. Revenue […]

VietJet Posts USD$16.8 million Q1 Profit

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Published: April 25, 2017

April 24, 2017 Low cost Vietnamese carrier VietJet Air posted a first quarter net profit of VND381.65 billion (USD$ 16.8 million) on higher revenue. First quarter revenue came in at VND5.1 billion, up 43.2 percent compared to 2016, as international revenue rose sharply. Costs ex fuel dropped 4.1 percent, but fuel costs jumped 46 percent […]

Dubai Aerospace To Buy Lessor AWAS

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Published: April 25, 2017

April 24, 2017 Aircraft lessor Dubai Aerospace will buy Dublin-based competitor AWAS in a deal that will more than triple the size of the UAE company. Dubai Aerospace Enterprise (DAE) said it will acquire the AWAS group of companies from private equity investors Terra Firma Capital Partners and the Canadian Pension Plan Investment Board. Terms […]

Norwegian Adds Singapore Flight As Competition Increases

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Published: April 21, 2017

April 20, 2017 Low cost carrier Norwegian will launch a new route from London’s Gatwick Airport to Singapore in September, as it ramps up competition on flights from the UK. Norwegian said it will operate four weekly flights to Singapore’s Changi Airport from September 28 using a Boeing 787 aircraft. The route will be operated […]

Hawaiian’s First Quarter Net Profit Dips

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Published: April 21, 2017

April 20, 2017 Hawaiian Airlines released its first quarter financial results on Thursday showing net income down 28 percent as fuel and staff costs increased. Operating revenue for the quarter to March 31 rose 11.4 percent to USD$ 614.2 million, but costs jumped 20.4 percent to $ 546.9 million. Fuel costs were up almost 50 […]

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