NEWSFeb 28, 2024LATAM Records $582 Million Profit in 2023, Driven by Strong Passenger TrafficLATAM reported strong financial results for the fourth quarter of 2023 and the entire year. The 50.1% increase in traffic and $582 million profit is a testament to the carrier's strong financial and operational performance. Read More →
NEWSFeb 25, 2024FlyDubai's Record-Breaking Profit: Can It Compete With Major Airlines?FlyDubai, a prominent budget carrier headquartered in Dubai, United Arab Emirates, made headlines with its remarkable financial performance in 2023. The airline achieved record profits of $572 million, a substantial increase from the previous year's earnings of $327 million. Robust operational metrics, including significant growth in passenger numbers and revenue generation, fueled this surge in profitability.Read More →
NEWSJan 31, 2024Boeing Reports Fourth Quarter Earnings After Suspending Guidance Amid 737 MAX 9 CrisisBoeing's fourth quarter (Q4) earnings report was volatile, with both financial turbulence and a shocking U-turn on their 2024 forecast. Still reeling from recent safety issues, the aerospace giant released results showing continued financial losses and a decision to ditch their financial predictions for 2024. This move is unprecedented in recent company history and sent shockwaves through the industry, raising questions about Boeing's future and the factors behind this bold decision.Read More →
NEWSJan 24, 2024U.S. Airlines' Fourth Quarter Earnings: What Is Behind Their Strong Performance?The fourth quarter of 2023 (Q4 2023) yielded strong results for America's "Big Five" airlines. These are the U.S.' five largest airlines: Alaska Airlines, American Airlines, Delta Air Lines, Southwest Airlines, and United Airlines. Many factors are behind these strong financial results, and airlines face multiple headwinds going into 2024.Read More →
INFORMATIONALNov 01, 2023How This Two-Year-Old Airline Made $110 Million in Three MonthsAn in-depth look at how PLAY Airlines posted a revenue of $110 million in just three months. We look at PLAY's business model and strategies leading to this accomplishment.Read More →
NEWSMay 01, 2023China's Largest Airlines Record Smaller Losses in Q1 as Travel Demand ReturnsChina's largest airlines saw their losses decline in the first quarter as travel demand returns. Air China, China Eastern, and China Southern are showing a recovery in domestic and international travel.Read More →
NEWSOct 17, 2022Delta Announces Historic Earnings ReportAtlanta's Delta Air Lines saw a significant increase in revenue and operating margin throughout the summer quarter. Major rises in leisure and business demand saw record revenue numbers for the airline and continue to push Delta on track for a full return to service. Read More →
NEWSAug 02, 2022JetBlue Reports a Net Loss Amid Record RevenueAmid the recent news of a merger with Spirit Airlines, JetBlue Airways reported a loss led by surging costs. Nonetheless, the airline reported record revenue.Read More →
NEWSKorean Air and Asiana Airlines Reports Surprise Quarter 2 Earnings ProfitAmid the vast number of unprofitable airlines due to the COVID-19 pandemic, Korean Air and Asiana Airlines have reported profit, lead by their dedication towards cargo.Read More →
