Airways Magazine

Tag "Financial Result"

Virgin America Enters the Public Eye

    Virgin America Enters the Public Eye

MIAMI — Virgin America announced a net profit of $28.1 million for the fourth quarter of 2014 last week, marking its first financial reporting season as a publicly traded airline with

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Spirit Airlines Bends the Cost Curve

    Spirit Airlines Bends the Cost Curve

MIAMI — Ultra-low-cost carrier Spirit Airlines reported an adjusted net profit of $58.7 million for the fourth quarter of 2014, up 43.2 percent year-over-year (YOY) versus 2013. For calendar 2014, Spirit

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Bombardier Announces Executive Shake-up; Posts 4Q, 2014 Losses

    Bombardier Announces Executive Shake-up; Posts 4Q, 2014 Losses

MIAMI — The big news from this morning’s Bombardier earnings call was a major shake-up in its executive ranks. Effective February 13, United Technologies veteran executive Alain Bellemare takes over as

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Allegiant’s Growth Model in Question

    Allegiant’s Growth Model in Question

MIAMI — The parent company to U.S. ultra-low cost carrier (ULCC) Allegiant Air reported a $4.8 million net profit for the fourth quarter of 2014 last week, hit hard by

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JetBlue Posts Profits Despite Fuel Hedge Costs

    JetBlue Posts Profits Despite Fuel Hedge Costs

MIAMI — JetBlue is the latest airline to report increased earnings in the fourth quarter and the year, posing an

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Allegiant Air Posts Lower 4Q, 2014 Earnings

    Allegiant Air Posts Lower 4Q, 2014 Earnings

MIAMI — Allegiant Air was the latest carrier to announce profits in the fourth quarter and year, driven by lower

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No Fuel Hedges Pushes American Airlines to Record Profits

    No Fuel Hedges Pushes American Airlines to Record Profits

MIAMI — American Airlines is crediting its $597 million profit in the fourth quarter to its decision not to hedge fuel,

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Southwest Gets Earnings Boost from Lower Fuel Prices

    Southwest Gets Earnings Boost from Lower Fuel Prices

MIAMI — Southwest Airlines posted a profit of $190 million in the fourth quarter, down 10.2 percent from the same

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Lower Fuel Prices Help Alaska Air Double Its 4Q Profit

    Lower Fuel Prices Help Alaska Air Double Its 4Q Profit

MIAMI — Alaska Air Group today reported a record $125 million profit, excluding special items, on total revenues of $916 million

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Fuel Hedge Losses Hurt United’s Profits

    Fuel Hedge Losses Hurt United’s Profits

MIAMI — The parent company of United Airlines reported a profit of $28 million in the fourth quarter off of

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