- Spotlight: Turkish Airlines Reports Loss But Keeps Vision Intact[May 28, 2019]
Turkey's flagship carrier Turkish Airlines (THY) reported a loss of 1.25 billion liras (207.9 million U.S. dollars) in the first quarter of the year.
- Air New Zealand Cuts 2019 Earnings Expectations[May 27, 2019]
Air New Zealand Ltd on Monday trimmed its 2019 earnings outlook by cutting out the upper end of the forecast range, citing headwinds from increased jet fuel prices.
- United Air Gets Bullish Nod at Morgan Stanley, Peers Lowered[May 20, 2019]
U.S. airline investors may see the three legacy carriers perform differently in the near future, Morgan Stanley analyst Rajeev Lalwani wrote in a note.
- Ryanair Profit Hits Four-Year Low As 'Fare Wars' Bite[May 20, 2019]
Ryanair reported its weakest annual profit in four years on Monday and said earnings could fall further as European airlines wage what Chief Executive Michael O'Leary described as "attritional fare wars."
- Air Canada Offers to Buy Transat Airline for US$387 Million[May 16, 2019]
Air Canada said it's in exclusive talks to buy one of the country's largest travel tour operators, Transat A.T., for about C$520 million (US$387 million) amid a wave of consolidation in the Canadian airline industry.
- Ryanair Co-Founder Plans Third Latin Airline Followed by an IPO[May 10, 2019]
Viva Air, the Latin American group of carriers owned by a founder of Ireland's Ryanair Holdings Plc, has plans for a third airline in the region plus an initial public offering, to cash in on strong demand for discount air travel.
- Etihad Submits Bid for India's Jet, Eyes Minority Stake[May 10, 2019]
Middle Eastern carrier Etihad Airways has submitted a bid for a stake in India's Jet Airways, the unit of State Bank of India (SBI) overseeing the sale of the stricken airline said on Friday.
- Air Canada Posts Surprise Profit Despite MAX Grounding; Shares Jump[May 06, 2019]
Air Canada on Monday reported a surprise quarterly profit that sent shares up more than 5 percent in earlier trading, helped by flying more passengers and its purchase of a loyalty program, despite pressures from the grounding of Boeing's 737 MAX jets.
- Air France Loss Widens on Fuel Costs, Competition[May 03, 2019]
Air France-KLM blamed higher fuel costs and price competition as it posted a deeper first-quarter loss on Friday, sending the airline group's shares lower.
- American Airlines Cuts 2019 Forecast, to Take US$350 million Charge on 737 MAX Groundings[Apr. 26, 2019]
American Airlines Group Inc cut its 2019 profit forecast on Friday, saying it expected to take a US$350 million hit from the grounding of Boeing's 737 MAX planes after cancelling 1,200 flights in the first quarter.