AW Daily
Delta Leads Push for More Long-Distance Flights From Reagan National
Reagan National Airport, adjacent to downtown Washington, D.C., is one of just two airports in the U.S. with a perimeter that limits how far airlines can fly. While several exemptions to that rule have been added since 2000, a new...
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JetBlue Updates High-Margin TrueBlue Loyalty Program
JetBlue Airways has joined many of its peers in updating its lucrative loyalty program, TrueBlue, to better reward those travelers who spend the most on the airline. The updated program that launched Wednesday includes new elite "Mosaic" tiers and perks,...
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Ryanair Looks East With New Boeing 737 Maxes From Its Largest Order Ever
Ryanair laid out its future growth plans Tuesday with a mega deal for up to 300 Boeing 737-10s. The planes will allow the giant discounter to continue to grow seats in its core markets, as well as expand into new...
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Air France-KLM Eyes Expansion in Booming South America With Potential TAP Deal
Air France-KLM, International Airlines Group, and the Lufthansa Group shared more than just a bullish outlook for travel demand during recent investor calls. They all want a bigger piece of the standout Latin or South America region, and they are...
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Iberia Leads Europe’s IAG to Winter Profits
When it comes to Europe’s Big Three Airlines, it’s not even close: International Airlines Group — the owner of British Airways, Iberia, Aer Lingus, Vueling, and Level — is consistently the most profitable. This was true again in the first...
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Turkish Flips Pre-Pandemic Loss to Profit in First Quarter
Turkish Airlines was firing on all cylinders in the first quarter with strong results during a historically weak period. The Istanbul-based carrier posted a $241 million operating profit, a $233 million net profit, and a 3 percent operating margin during...
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Lufthansa Sees Record Summer Revenue Thanks to Capacity Limits
Things are looking good in Frankfurt. The Lufthansa Group, Europe's largest network carrier, sees all the elements falling into place for a significant improvement in operating profits this year. Travel demand remains robust. Cost pressures are easing despite significant investments...
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New Qantas CEO Must Build on Predecessor’s Legacy
There are few airlines that are held as high in the national consciousness as Qantas Airways is in Australia. That's why the airline's first new CEO in 15 years is such a big deal. Alan Joyce, Qantas CEO since 2008,...
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Japan’s ANA Turns First Post-Pandemic Annual Profit
All Nippon Airways beat profit expectations during the fiscal year ending in March as travelers eagerly returned to Japan. Tokyo-based ANA said inbound international travel demand increased "dramatically" in the fourth quarter. This helped propel its full year operating profit...
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SkyWest Launches Subsidiary Aimed at Busting the U.S. Pilot Shortage
SkyWest Inc. has launched its new subsidiary, SkyWest Charter, that aims to alleviate the captain shortage faced by many U.S. regional airlines. SkyWest Charter has received all of the necessary U.S. Federal Aviation Administration approvals to operate as a charter...
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Southwest Airlines Returned to Profits in March After Holiday Meltdown
For Southwest Airlines, January through March was a self-described quarter of “two competing storylines.” During the first two months of the period, the airline suffered residual effects from its December operational meltdown, which combined with a normal seasonal lull to...
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Avianca-Viva Air Merger Cleared by Colombia’s Regulator
Colombia's civil aviation regulator, Aerocivil, has signed off on the controversial combination of Avianca and bankrupt Viva Air, the country's first and third largest airlines. The merger, which has been held up by Aerocivil due to competition concerns and allegations...
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