Once
again, low-cost and regional air carriers in the U.S. were more profitable than
legacy carriers, according to data released Monday by the U.S. Department of Transportation.
Month: June 2010
Air Travel Rebounded in May Above Pre-Recession Levels
Cessna CEO Jack Pelton: Fewer Pilots a Problem
Global Airline Profitability On The Horizon
American Airlines Sees 2nd-quarter Unit Revenue Up 16.5 to 17.5 Percent From a Year Ago
Southwest Sees ‘Very Strong’ June Revenue Growth
Airline Revenues to Take Off in 2010
The recovery in the global
economy is expected to benefit the airline industry with unit revenues slated
to rise in the second quarter of 2010. Rising fares, an improvement
in international traffic and an overall recovery is expected to drive this
growth. Last year’s economic downturn and the preceding year’s steep oil prices
had adversely affected the airline industry. We believe that this news will
have a positive impact on share price movements of airline companies in the
near future.