Edition:
United States

Airlines

Page 1

Ryanair Expects Boeing 737 MAX Delivery Delays To Slow Summer 2020 Growth Rate To 3% From 7%

2:00am EDT

July 16 (Reuters) - Ryanair Holdings PLC ::RYANAIR EXPECTS B737 MAX DELAYS TO SLOW S20 GROWTH.RYANAIR EXPECTS BOEING MAX DELIVERY DELAYS TO SLOW CAPACITY GROWTH FOR WINTER 2019 AND SUMMER 2020.REMAINS COMMITTED TO B737 MAX AIRCRAFT, AND NOW EXPECTS THAT IT WILL RETURN TO FLYING SERVICE BEFORE END OF 2019.EXACT DATE OF B737 MAX AIRCRAFT RETURN REMAINS UNCERTAIN.NOW HOPES TO RECEIVE ITS FIRST MAX200 AIRCRAFT SOMETIME BETWEEN JANUARY AND FEBRUARY 2020.EXPECTS THAT MAX200 WILL BE APPROVED FOR FLIGHT SERVICES WITHIN 2 MONTHS OF MAX RETURN TO SERVICE.NOW PLANNING SUMMER 2020 SCHEDULES BASED ON TAKING UP TO 30 B737 MAX AIRCRAFT DELIVERIES UP TO END OF MAY 2020.FOR PLANNING PURPOSES, RYANAIR WILL NOW REVISE ITS SUMMER 2020 SCHEDULE BASED ON 30 INCREMENTAL AIRCRAFT, RATHER THAN 58.FOR PLANNING PURPOSES, RYANAIR WILL NOW REVISE ITS SUMMER 2020 SCHEDULE BASED ON 30 INCREMENTAL AIRCRAFT, RATHER THAN 58.REVISED SCHEDULE WILL CUT RYANAIR'S SUMMER 2020 GROWTH RATE FROM 7% TO 3%.FULL YEAR TRAFFIC GROWTH FOR YEAR TO MARCH 2021 WILL BE CUT FROM 162M GUESTS TO APPROX. 157M.SHORTFALL IN AIRCRAFT DELIVERIES WILL NECESSITATE SOME BASE CUTS AND CLOSURES FOR SUMMER 2020, BUT ALSO FOR WINTER 2019 SCHEDULE.STARTING TALKS WITH AIRPORTS TO DETERMINE WHICH UNDERPERFORMING/LOSS MAKING BASES SHOULD SUFFER THESE SHORT TERM CUTS AND/CLOSURES FROM NOV.CONSULTING WITH ITS PEOPLE, UNIONS IN PLANNING BASE CUTS, WHICH ARE DIRECTLY CAUSED BY B737 MAX DELIVERY DELAYS TO B737 MAX PROGRAM.

American Airlines - Compliance With FAA Directive On Boeing 737 Max, Related Flight Cancellations Have Caused "Significant Disruption To Our Customers"

Monday, 15 Jul 2019 04:50pm EDT

July 15 (Reuters) - American Airlines Group Inc ::AMERICAN AIRLINES - COMPLIANCE WITH FAA DIRECTIVE ON BOEING 737 MAX, RELATED FLIGHT CANCELLATIONS HAVE CAUSED "SIGNIFICANT DISRUPTION TO OUR CUSTOMERS".AMERICAN AIRLINES - COMPLIANCE WITH FAA DIRECTIVE ON BOEING 737 MAX, RELATED FLIGHT CANCELLATIONS EXPECTED TO CONTINUE TO CAUSE FINANCIAL COSTS TO CO.

Singapore Airlines Says In June SIA Group Airlines' Passenger Carriage Increased By 8.5%

Monday, 15 Jul 2019 05:10am EDT

July 15 (Reuters) - Singapore Airlines Ltd ::JUNE CARGO LOAD FACTOR (CLF) WAS 2.3 PERCENTAGE POINTS LOWER.IN JUNE, SIA GROUP AIRLINES' PASSENGER CARRIAGE INCREASED BY 8.5%.IN JUNE, SIA GROUP AIRLINES’ PASSENGER LOAD FACTOR IMPROVED 1.6 PERCENTAGE POINTS TO 86.2%..

NAV Canada Reports Q3 Revenue Of $351 Million

Friday, 12 Jul 2019 04:00pm EDT

July 12 (Reuters) - NAV Canada [RIC:RIC:NAVCA.UL]::NAV CANADA ANNOUNCES THIRD QUARTER FINANCIAL RESULTS.Q3 REVENUE $351 MILLION.NEGATIVE FREE CASH FLOW OF $19 MILLION IN Q3 OF FISCAL 2019.ON JUNE 4, 2019, COMPANY ISSUED A NOTICE OF REVISED SERVICE CHARGES FOR CONSULTATION PROVIDING DETAILS OF PROPOSED RATE REVISIONS..NET OTHER INCOME AND EXPENSES FOR Q3 OF FISCAL 2019 WAS A NET EXPENSE OF $15 MILLION.

Southwest Airlines Announces Promotion Of Stacy Malphurs To Vice President Supply Chain Management

Friday, 12 Jul 2019 12:00pm EDT

Southwest Airlines Co ::SOUTHWEST AIRLINES ANNOUNCES PROMOTION OF STACY MALPHURS TO VICE PRESIDENT SUPPLY CHAIN MANAGEMENT.SOUTHWEST AIRLINES CO - MALPHURS REPLACES BILL TIFFAN.

Utair H1 Passenger Traffic 3.7 Million, Up 2.3% YR/YR

Thursday, 11 Jul 2019 06:02am EDT

July 11 (Reuters) - UTair ::H1 PASSENGER TRAFFIC 3.7 MILLION, UP 2.3% VERSUS YEAR AGO.

Virgin Australia Says Connectivity Exploring Exit From Its Minority Investment In Velocity

Wednesday, 10 Jul 2019 07:55pm EDT

July 11 (Reuters) - Virgin Australia Holdings Ltd ::CONNECTIVITY PTE LIMITED EXPLORING EXIT FROM ITS ABOUT 35% MINORITY INVESTMENT IN VELOCITY FREQUENT FLYER HOLDCO PTY.GROUP REMAINS COMMITTED TO LONG-TERM GROWTH OF VELOCITY BUSINESS AND EXPECTS TO REMAIN MAJORITY INVESTOR IN VELOCITY.GROUP EXPECTS TO REMAIN MAJORITY INVESTOR IN VELOCITY.AFFINITY HAS REQUESTED THAT VARIOUS EXIT OPTIONS FOR SALE OF ITS STAKE BE CONSIDERED.

Delta Air Lines To Launch Nonstop Service Between New York-JFK And Houston On State-Of-The-Art A220 Aircraft

Tuesday, 9 Jul 2019 11:27am EDT

July 9 (Reuters) - Delta Air Lines Inc ::DELTA AIR LINES - TO LAUNCH NONSTOP SERVICE BETWEEN NEW YORK-JFK AND HOUSTON ON STATE-OF-THE-ART A220 AIRCRAFT.

SkyWest Reports June 2019 Traffic

Tuesday, 9 Jul 2019 08:00am EDT

July 9 (Reuters) - SkyWest Inc ::SKYWEST, INC. REPORTS JUNE 2019 TRAFFIC.SKYWEST, INC. REPORTS JUNE 2019 TRAFFIC.SKYWEST INC - REPORTED 127,415 BLOCK HOURS IN JUNE 2019, AN INCREASE OF 8.6% FROM JUNE 2018.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary