AW Daily
JetBlue Boasts 50 Percent Jump in TrueBlue Loyalty Enrollment in 2022
JetBlue Airways reported $2.4 billion worth of revenue during the fourth quarter of 2022, its highest ever in a fourth quarter, which the New York-based carrier attributed in part to significant growth in its TrueBlue loyalty program. President and chief...
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EasyJet Financials Lifted by High Demand and Ancillary Revenues
Europe's second largest airline, EasyJet, pulled off what is becoming the norm in the pandemic recovery: revenues that exceed pre-crisis numbers on significantly fewer passengers. But it was not high airfares that lifted UK-based EasyJet during the first quarter of...
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Budget Airlines See Half Their Market Share Evaporate on Transatlantic Routes
A new breed of long-haul budget airlines is rapidly adding new routes between the U.S. and Europe for the upcoming summer. But even with recent additions, the segment remains a fraction of the size it was four years ago —...
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Washington Reagan’s Traffic Exceeds 2019, That’s Not Necessarily Good for American Airlines
Travelers enjoying a pie from Washington, D.C.'s local favorite, Timber Pizza, while waiting for a flight to, say, Syracuse at Washington Reagan National Airport will enjoy one of America's newest airport facilities. Opened in 2021, the new E Gates sport...
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Cathay Pacific Hopes China Travel Recovery Will Reverse 2022 Losses
Hong Kong's decision to drop all travel restrictions during the year-end holidays came a little too late for Cathay Pacific Airways. The Hong Kong-based carrier forecast Friday a HK$6.4-7 billion ($817-894 million) net loss for 2022 despite what it described...
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U.S. Airlines Now Balancing Strong Ticket Sales With Escalating Costs
U.S. airlines are enjoying strong demand and ticket sales, a recent analysis by trade group Airlines for America (A4A) found. But they also face significant inflationary pressures across most key cost categories that could put a damper on earnings. Delta...
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Ryanair CEO Embraces Booking Record Cautiously as ‘S**t Always Happens in This Industry’
“This is the biggest growth opportunity I have seen for the last 20 years,” Ryanair CEO Michael O’Leary said Tuesday. The airline surpassed 2019 traffic levels in 2022, and predicts robust growth this year as it rapidly pulls out of...
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Air New Zealand Prepares for New Competition from Qantas and Delta
Air New Zealand had the nonstop market between Auckland and New York all to itself for all of five months last year. Then, as a precursor to its own nonstop flights from Sydney, Qantas Airways announced plans to join it...
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Delta CEO Wants Politics Out of FAA Funding Following Outage
Delta Air Lines CEO Ed Bastian made a call to action for more funding and investment in the U.S. air traffic control system after an outage Wednesday disrupted more than 11,000 flights across the country. "It's very clear that there...
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Australian Airline Startup Bonza Set to Take Flight as First New National Carrier in Years
Discount carrier Bonza has received approval from Australian authorities to begin revenue passenger flights, clearing the way for the country's first new national carrier in more than a decade. The Australian Civil Aviation Safety Authority issued Queensland-based Bonza an air...
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U.S. Transportation Secretary Buttigieg Seeks Root Cause of Issue That Disrupted 10,000 Flights
Secretary of Transportation Pete Buttigieg said his agency is "pivoting" to understand the causes of a system issue that temporarily halted all U.S. domestic flights on Wednesday. "There was a systems issue overnight that led to a ground stop because...
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American Airlines Made the Wrong Bet by Doubling Regional Pilot Pay: Analyst
American Airlines may be regretting its decision last year to unilaterally hike regional pilot pay to historically high levels, according to Raymond James analyst Savanthi Syth. The Fort Worth, Texas-based carrier fundamentally changed the economics of regional flying when it...
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