The global airline industry will likely post a second consecutive year of net profit declines, an industry trade group says.

BING NEWS:
  • JetBlue sees no profit this year on excess industry capacity, grounded planes
    JetBlue Airways on Tuesday warned it no longer expects to break even on an adjusted operating margin basis this year as bloated industry capacity in Latin America has depressed its revenue. The New Yo ...
    04/23/2024 - 8:18 am | View Link
  • GE Aerospace lifts 2024 profit forecast on strong sales of engine parts, services
    GE Aerospace on Tuesday raised its full-year profit forecast, citing a "solid start to the year" on strong demand for jet-engine parts and services as airlines keep their older planes in the air to ...
    04/23/2024 - 2:03 am | View Link
  • GE Aerospace lifts 2024 profit forecast amid supply-chain challenges
    GE Aerospace on Tuesday raised its full-year profit forecast even as it continues to wrestle with supply-chain challenges to keep up with strong demand for jet engines.
    04/23/2024 - 1:25 am | View Link
  • Alaska Air forecasts strong profit on rebound in business travel
    Alaska Air Group on Thursday forecast stronger-than-expected earnings in the current quarter on the back of a pickup in business travel demand, sending its shares higher.
    04/18/2024 - 3:34 am | View Link
  • Wall Street mixed and European stocks slump as Bank of America profits drop
    Bank of America saw profits tumble as even the biggest banks are increasingly challenged by high interest rates.
    04/16/2024 - 2:55 am | View Link
  • More

 

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