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Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly results this month. Some airlines ...
Ryanair offers more flights than any other airline in Europe with 11.49% of the total, an IBA analysis shows. Lufthansa and IAG are just behind, with 9.54% and 8.2% respectively.
In some ways, the current problems at Delta are caused by the airline industry’s drive toward ruthless efficiency. “They have cost-cut and cost-cut and cost-cut in recent decades, and this is ...
The COVID-19 pandemic has had a significant impact on the airline industry due to travel restrictions and a decimation in demand among travelers. Significant reductions in passenger numbers have resulted in flights being cancelled or planes flying empty between airports, which in turn massively reduced revenues for airlines and forced many ...
The competition between Airbus and Boeing has been characterized as a duopoly [1] in the large jet airliner market since the 1990s. [2] This resulted from a series of mergers within the global aerospace industry, with Airbus beginning as a pan-European consortium while the American Boeing absorbed its former arch-rival, McDonnell Douglas, in 1997.
The Airlines Reporting Corporation (ARC) is a company that provides ticket transaction settlement services between airlines and travel agencies (both traditional and online) and the travel management companies that sell their products in the United States. ARC, which is owned by nine major airlines, also offers its transactional data within ...
The airline said its adjusted profit in the third quarter will be between $1.70 and $2 per share, below analysts' forecast of $2.04 per share. Delta repeated its previous prediction that full-year ...
Airline Reporter is an airline industry news blog that provides industry-wide news to readers who are interested in the airline and travel industry itself. [1] Owned and operated by David Parker Brown, with writers located around the world and syndication with Reuters, [2] it has been referenced by CNN, [3] CNBC, NPR, Marker Place, FOX, AOL ...