Here’s a Q2 earnings report card for major U.S. carriers
comments ()We’ve got all the major U.S. carriers and some not so major carriers reporting their second quarter results for 2012. We decided to put the numbers through the grinder to see how they stack...
View ArticleHere’s a tally on the Q3 2012 earnings
comments ()With the rest of the major carriers reporting Thursday, we can post how they all did. Net income: Highest, Delta Air Lines, $1.05 billion. Lowest, AMR, loss of $238 million. Net income,...
View ArticleGary Kelly earns $1.6 million in salary and bonus, $4 million in all
Southwest Airlines on Friday became the latest airline to file its proxy statement, from which we learn that chairman and CEO Gary Kelly had total income of $4,031,359 in 2012. The majority is in...
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Alaska Air Group to start paying a stock dividend
Alaska Air Group on Thursday joined the small group of U.S. passenger airlines that pay their shareholders a stock dividend. Alaska, parent of Alaska Airlines and Horizon Air, announced that it’ll pay...
View ArticleSouthwest Airlines says profit sharing will reach $228 million in 2014
Southwest Airlines employees will split up $228 million in profit sharing in 2014 based on 2013 profits, up from $121 million paid out last year, the carrier said Monday. “The hard work of our people...
View ArticleFriday update, U.S. passenger airline earnings
With Alaska Air Group’s earnings report Friday, let’s update the first quarter earnings of U.S. passenger airlines. Earnings under generally accepted accounting procedures (GAAP) Airline 2014 2013...
View ArticleEarnings in Q1 2014 nearly $1 billion better for U.S. passenger carriers than...
With Spirit Airlines’ earnings report out Tuesday, we’re updating the earnings chart for U.S. passenger airlines, and the comparison to first quarter 2013 is very favorable. Under generally accepted...
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Top Horizon Air executive to retire from Alaska Air Group
Alaska Air Group put out a brief 8-K filing Monday saying that Glenn S. Johnson, president of its regional unit ,Horizon Air Industries, plans to retire Sept. 1. That includes his job as executive...
View ArticleIt’s almost airline earnings week!
Okay, airline earnings fan, the big week is almost upon us. In the space of three days next week, eight U.S. airlines will report their second quarter results. The busiest day, Thursday, July 24,...
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Profits at U.S. airlines top $4 billion in second quarter
An American Airlines jet takes off July 1 at Dallas/Fort Worth International Airport. (Terry Maxon/Dallas Morning News)visit site to read more]
View ArticleHere are the on-time numbers for June 2014
The Bureau of Transportation Statistics released the on-time rankings for U.S. airlines Thursday. On-time means within 14 minutes of schedule. Ranking Carrier On-Time Arrival Pct. 1 visit site to read...
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Ebola-related selloff abates for airline stocks
(Tony Dejak/Associated Press)The Frontier Airlines jet that flew the Cleveland-DFW flight carrying the nurse now dianozed with Ebola sits at the Cleveland airport Wednesday.visit site to read more]
View ArticleAmerican Airlines, Southwest post record profits
American Airlines Group Inc. and Southwest Airlines Co. both reported Thursday that they earned record profits in the three months ended Sept. 30. For Southwest, it was a record for the third quarter....
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No. 2 on our top 10 stories of 2014: Airline profits soar as demand rises and...
(Tom Fox/Staff photographer)American Airlines jets maneuver around American's terminals at Dallas/Fort Worth International Airport.visit site to read more]
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Alaska Airlines adds Southwest executive as VP
Alaska Airlines said Monday that it has named Southwest Airlines manager John Kirby as vice … [visit site to read more]
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Delta expects $2 billion-plus savings on 2015 fuel bill
(Terry Maxon/DMN)Delta Air Lines planes line up at New York's Kennedy International Airport in this May 2014 photo.visit site to read more]
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Fortune names Southwest Airlines chief Gary Kelly as the most underrated CEO
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