Airline news
JetBlue Profits Top Estimates As Fares Rise
Discount airline JetBlue Airways topped estimates for first-quarter profit, as average fares increased and it was able to offset higher expenses with rising revenue. Net income came to USD$30 million, compared wit...
United Results Hit By Fuel Costs, Merger Glitches
The parent of United Airlines posted a USD$448 million quarterly net loss, pressured by high fuel costs and expenses related to problems integrating some operations of merger partners United Airlines and Continent...
Air Canada To Book Charge On Aveos Closure
Air Canada warned on Thursday that its first-quarter results would be hurt by a CAD$120 million (USD$122 million) charge related to the creditor protection filing of its former maintenance unit Aveos. The airline,...
Lufthansa Mulls Options In Europe’s Low Cost Battle
Lufthansa said a project to bring together its Germanwings unit and point-to-point services in Europe was one option being considered under plans to cope better with low-cost competition. “It is just a busin...
LAX Screeners Arrested On Drug, Corruption Charges
Two security screeners at Los Angeles Airport have been arrested on drug trafficking and corruption charges, accused of taking bribes to allow large narcotic shipments through the airport. The pair were arrested along with two ...
China Eastern To Order 777s, Delay Airbus Deal
China Eastern Airlines is set to place a USD$6 billion order for up to 20 Boeing 777 jets, while simultaneously delaying a recent Airbus deal, people familiar with the matter said. The order for wide-body 777s follows a fierce ...
