Air Freight News
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US Airlines gain $5.5 billion in second quarter 2023, an improvement over second quarter 2022
U.S. airline financial reports are filed quarterly with the Bureau of Transportation Statistics (BTS). See the tables that accompany this release on the BTS website…
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June 2023 U.S. Airline Traffic Data Up 8.6% from June 2022
U.S. airlines carried 84.0 million systemwide (domestic and international) scheduled service passengers in June 2023, according to the Bureau of Transportation Statistics (BTS). When adjusted…
Virgin Australia finds bogus jet part, highlighting global reach
Virgin Australia Airlines Pty has discovered a suspected unapproved part on one of its aircraft that originated with an obscure UK-based supplier, the latest in…
EU risks dashing Meloni’s plans for quick retreat from ITA Air
Italy’s push for a quick sale of a stake in state-owned ITA Airways to Deutsche Lufthansa AG is at risk of clashing with the pace…
Qantas rivals seize on woes to call for end of market dominance
Qantas Airways Ltd.’s fall from grace has prompted rival airlines, airport operators and travel agents to call for swift structural reform to open the market…
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JetBlue says delayed planes, engine woes constraining growth
JetBlue Airways Corp. says the biggest hindrance to the carrier’s growth are continued delays in aircraft deliveries and planes that it’s forced to park waiting…
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CPaT continues to grow presence in South America with Brazilian Airline, VoePass Linhas Aéreas
CPaT Global, the world’s leading provider of distance learning for the airline and aviation industry, today announced a new contract with VoePass Linhas Aéreas (VoePass).…
Delta trims quarter outlook, keeps 2023 earnings guidance
Delta Air Lines Inc. reduced its expectations for third-quarter profit on higher fuel prices and larger-than-expected maintenance costs, but it reaffirmed its full-year guidance on…
Delta overhauls SkyMiles plan to tally only dollars spent, not miles flown
Delta Air Lines Inc. will shift its SkyMiles loyalty program to use only cash spent, not miles flown, in calculating member rewards, a change designed…
American Air cuts profit outlook on higher labor, fuel costs
American Airlines Group Inc. slashed its third-quarter earnings outlook on a jump in jet fuel prices and payment of roughly $230 million in retroactive salary…