Morningstar

American Airlines Earnings: Unit Costs Growing Faster Than Revenue

American Airlines AAL reported a $270 million operating loss on $12.5 billion in revenue in the first quarter. While unit revenue was essentially unchanged, unit costs grew 8%. Due to slackening ...
USA Today

JetBlue to reduce flights, cut costs in response to weak travel demand

JetBlue Airways is planning new cost-cutting measures such as reducing flights and parking aircraft, as soft travel demand makes achieving a breakeven operating margin in 2025 "unlikely", according to ...
Hosted on MSN

IATA decries high airlines’ operating costs in Africa

The International Air Transport Association has expressed concern over the high operating costs of airlines in Africa. IATA Regional Vice President Kamil Al-Awadhi revealed this through a document ...
Reuters

Spirit's troubles expose limits of premium strategy for low-cost carriers

CHICAGO/NEW YORK, Oct 10 (Reuters) - Spirit Airlines' financial troubles reveal that going upscale is not a panacea for the challenges facing low-cost carriers, which are grappling with mounting ...
Morningstar

American Airlines Earnings: Unit Costs Still Growing Faster Than Revenue

American Airlines AAL reported an $1.1 billion operating profit on $14.4 billion of revenue in the second quarter. While total unit revenue declined about 20 basis points from the second quarter of ...