Airline Financials https://atwonline.com/taxonomy/term/144141/more en Hurricane Dorian worsens 3Q guidance for Spirit, JetBlue https://atwonline.com/airline-financials/hurricane-dorian-worsens-3q-guidance-spirit-jetblue <div class="node-body article-body">Disruptions caused by Hurricane Dorian created more financial headwinds during an already sagging 2019 third quarter for Spirit Airlines, removing an estimated $25 million in revenue and pushing unit costs up, the Florida-based ULCC calculates.</div> <p><a href="https://atwonline.com/airline-financials/hurricane-dorian-worsens-3q-guidance-spirit-jetblue" target="_blank">read more</a></p> https://atwonline.com/airline-financials/hurricane-dorian-worsens-3q-guidance-spirit-jetblue#comments Daily News Airline Financials Mon, 09 Sep 2019 19:25:00 +0000 315756 at https://atwonline.com Rob Finlayson Juneyao Airlines 1H profit drops 6.4% as costs rise https://atwonline.com/airline-financials/juneyao-airlines-1h-profit-drops-64-costs-rise <div class="node-body article-body">China’s Juneyao Airlines reported a 2019 first-half net profit of CNY578.7 million ($84.3 million), down 6.4% compared to the year-ago half.</div> <p><a href="https://atwonline.com/airline-financials/juneyao-airlines-1h-profit-drops-64-costs-rise" target="_blank">read more</a></p> https://atwonline.com/airline-financials/juneyao-airlines-1h-profit-drops-64-costs-rise#comments Daily News Airline Financials Fri, 06 Sep 2019 15:42:00 +0000 315741 at https://atwonline.com <p>Juneyao Airlines Boeing 787-9</p> Rob Finlayson Turkish Airlines lowers 2019 revenue guidance on declining demand https://atwonline.com/airline-financials/turkish-airlines-lowers-2019-revenue-guidance-declining-demand <div class="node-body article-body">Turkish Airlines lowered its revenue guidance for 2019 in the face of decreasing demand and other factors that have hampered operations.</div> <p><a href="https://atwonline.com/airline-financials/turkish-airlines-lowers-2019-revenue-guidance-declining-demand" target="_blank">read more</a></p> https://atwonline.com/airline-financials/turkish-airlines-lowers-2019-revenue-guidance-declining-demand#comments Daily News Airline Financials Fri, 06 Sep 2019 15:04:00 +0000 315740 at https://atwonline.com <p>Turkish Airlines Airbus A330-300</p> Rob Finlayson China Eastern 1H profit down 14.8% as costs increase https://atwonline.com/airline-financials/china-eastern-1h-profit-down-148-costs-increase <div class="node-body article-body">China Eastern Airlines posted a first-half net income of CNY2 billion ($28 million), down 14.8% from CNY2.35 billion in the year-ago period, as increased fuel costs, fluctuating currency rates and global trade disputes increased expenses. </div> <p><a href="https://atwonline.com/airline-financials/china-eastern-1h-profit-down-148-costs-increase" target="_blank">read more</a></p> https://atwonline.com/airline-financials/china-eastern-1h-profit-down-148-costs-increase#comments Daily News Airline Financials Thu, 05 Sep 2019 18:10:00 +0000 315728 at https://atwonline.com <p>China Eastern Boeing 777-300ER</p> Rob Finlayson Delta confident in hitting 3Q guidance on strong revenue environment https://atwonline.com/airline-financials/delta-confident-hitting-3q-guidance-strong-revenue-environment <div class="node-body article-body">Delta Air Lines continues to see strong demand into the fall and is confident it will hit its third-quarter guidance, although cost pressures are increasing.</div> <p><a href="https://atwonline.com/airline-financials/delta-confident-hitting-3q-guidance-strong-revenue-environment" target="_blank">read more</a></p> https://atwonline.com/airline-financials/delta-confident-hitting-3q-guidance-strong-revenue-environment#comments Daily News ATW On-Location Airline Financials ATW Plus Wed, 04 Sep 2019 16:52:00 +0000 315712 at https://atwonline.com <p>Delta Air Lines Airbus A350-900</p> Rob Finlayson Norwegian asks for extension to repay bonds https://atwonline.com/airlines/norwegian-asks-extension-repay-bonds <div class="node-body article-body">Norwegian Air Shuttle is moving ahead with proposals to ensure sufficient liquidity over the coming winter and has asked bondholders for an extension by around two years to repay $380 million in outstanding debt.</div> <p><a href="https://atwonline.com/airlines/norwegian-asks-extension-repay-bonds" target="_blank">read more</a></p> https://atwonline.com/airlines/norwegian-asks-extension-repay-bonds#comments Airlines Daily News Airline Financials ATW Plus Tue, 03 Sep 2019 17:54:00 +0000 315698 at https://atwonline.com <p>Norwegian Boeing 787-9</p> Rob Finlayson Spring Airlines continues strong profit growth track in 2019 1H https://atwonline.com/airline-financials/spring-airlines-continues-strong-profit-growth-track-2019-1h <div class="node-body article-body">Chinese LCC Spring Airlines again posted strong double-digit net profit growth, earning CNY854 million ($119.3 million) in the 2019 first half, 17.5% year-on-year (YOY) increase. </div> <p><a href="https://atwonline.com/airline-financials/spring-airlines-continues-strong-profit-growth-track-2019-1h" target="_blank">read more</a></p> https://atwonline.com/airline-financials/spring-airlines-continues-strong-profit-growth-track-2019-1h#comments Daily News Airline Financials ATW Plus Fri, 30 Aug 2019 16:46:00 +0000 315690 at https://atwonline.com Asset sales help boost Hainan Airlines 2019 1H profit https://atwonline.com/airline-financials/asset-sales-help-boost-hainan-airlines-2019-1h-profit <div class="node-body article-body">China’s Hainan Airlines Group earned CNY503 million ($70 million) for the first six months of 2019, boosted by large non-recurring revenue from activities such as asset sales. </div> <p><a href="https://atwonline.com/airline-financials/asset-sales-help-boost-hainan-airlines-2019-1h-profit" target="_blank">read more</a></p> https://atwonline.com/airline-financials/asset-sales-help-boost-hainan-airlines-2019-1h-profit#comments Daily News Airline Financials ATW Plus Fri, 30 Aug 2019 16:43:00 +0000 315689 at https://atwonline.com Air China 1H net profit falls as costs rise; will develop hub network https://atwonline.com/airline-financials/air-china-1h-net-profit-falls-costs-rise-will-develop-hub-network <div class="node-body article-body">Air China saw its net profit shrink 9.5% to CNY3.1 billion ($451 million) in the 2019 first half. After factoring non-recurring gain and losses, net profit stood at CNY3 billion, down 3.5% year-over-year (YOY). </div> <p><a href="https://atwonline.com/airline-financials/air-china-1h-net-profit-falls-costs-rise-will-develop-hub-network" target="_blank">read more</a></p> https://atwonline.com/airline-financials/air-china-1h-net-profit-falls-costs-rise-will-develop-hub-network#comments Daily News Airline Financials Airports & Routes ATW Plus Fri, 30 Aug 2019 15:04:00 +0000 315683 at https://atwonline.com <p>Air China Airbus A350-900</p> Rob Finlayson Kenya Airways posts interim net loss on new route costs https://atwonline.com/airline-financials/kenya-airways-posts-interim-net-loss-new-route-costs <div class="node-body article-body">Kenya Airways has posted a KES8.6 billion ($83 million) interim net loss for the first six months of 2019, double the KES4 million net loss for the same period in 2018.</div> <p><a href="https://atwonline.com/airline-financials/kenya-airways-posts-interim-net-loss-new-route-costs" target="_blank">read more</a></p> https://atwonline.com/airline-financials/kenya-airways-posts-interim-net-loss-new-route-costs#comments Daily News Airline Financials Airports & Routes Fri, 30 Aug 2019 15:01:00 +0000 315682 at https://atwonline.com <p>Kenya Airways Boeing 787-8</p> Rob Finlayson