Airline News

Arik Air’s aircraft are grounded

Photo: Arik Air Arik Air (in receivership) issued this statement: The management of Arik Air (In Receivership) are dismayed by the sudden order issued by the Honourable Minister of Aviation to ground our Aircraft. This decision, made without warning or consultation, has serious repercussions for our valued passengers, dedicated employees, and the broader Nigerian economy.

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Spirit Airlines loses $157.9 million in the second quarter

Spirit Airlines, Inc. reported its second quarter 2024 financial results. Second Quarter 2024  Financial Results (unaudited) As Reported Adjusted1 Total operating revenues $1,280.9 million $1,280.9 million Operating income (loss) $(152.5) million $(166.9) million Operating margin (11.9) % (13.0) % Net income (loss) $(192.9) million $(157.9) million Diluted earnings (loss) per share $(1.76) $(1.44) “Summer demand remains robust

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Allegiant’s second quarter profit drops 84.5% to 13.7 million

Allegiant Travel Company (Allegiant Air) reported the following financial results for the second quarter 2024, as well as comparisons to the prior year: Consolidated Three Months Ended June 30, Percent Change (unaudited) (in millions, except per share amounts) 2024 2023 YoY Total operating revenue $                   666.3 $                   683.8 (2.6) % Total operating expense 631.4 550.4 14.7 % Operating

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Avelo Airlines expands in the west with new service from Ontario

Avelo Airlines announced today it is extending its West Coast flight schedule through early January 2025 with two new routes fro Sonoma County Airport.  Ontario International Airport (ONT) continues its unprecedented growth with today’s announcement by Avelo Airlines of exclusive nonstop service to Sonoma County and Northern California’s wine country. The new service to and from the Charles M. Schulz Sonoma County

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Pilots at Allegiant question the company’s priorities

The International Brotherhood of Teamsters issued this statement: In advance of Allegiant Travel Company’s Allegiant 2024 second quarter earnings announcement, Allegiant Air pilots and their union are raising questions about the company’s direction and decision-making as pilots continue to work under an outdated labor agreement negotiated in 2016. The 1,300-member pilot group is represented by

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Boeing Board Names Kelly Ortberg President and CEO, reports a second quarter loss

Boeing today announced that its Board of Directors has elected Robert K. “Kelly” Ortberg as the company’s new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing’s Board of Directors. He will succeed Dave Calhoun, who earlier this year announced his intention to retire from the company, having served as president

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United Is First Airline to Purchase Sustainable Aviation Fuel (SAF) for O’Hare International Airport

United Airlines has became the first airline to purchase sustainable aviation fuel1 (SAF) for use at O’Hare International Airport (ORD) and Governor JB Pritzker joined the airline’s leadership at ORD to highlight the role that Illinois’ SAF tax credits played in bringing sustainable aviation fuel to one of the largest airports in the U.S. SAF producer Neste will

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