American, Delta, United, and Alaska all announced record results as the biggest airlines continue to recover from the pandemic downturn.
In Q3 2024, Boeing booked pre-tax charges of $3 billion on the 777X and 767F programs, split between $2.6 billion and $400 million, respectively, as it delayed the entry-into-service (EIS) of the 777-9 to 2026.
Alaska Air Group, the parent company of Alaska Airlines and newly acquired Hawaiian Airlines, is focused on improving its Airbus A321neo utilization this year. As the two brands steadily inch toward obtaining a single operating certificate,
Despite a rough start to 2024 and the cost of buying Hawaiian Air, Alaska Air made a net profit of $395 million last year. Employees earn a bonus of six weeks pay.
In a year defined by a roughly month-long grounding of its Boeing 737 Max 9s and the costly acquisition of leisure carrier Hawaiian Airlines, Seattle-based Alaska Air Group posted a roughly $400 million profit.
Alaska Airlines is expanding its service to Seattle from Cincinnati/Northern Kentucky International Airport. Alaska, which recently merged with Hawaiian Airlines, will fly twice a day to Seattle-Tacoma International Airport starting this summer. The additional flight starts June 12 and continues through Aug. 19.
Air New Zealand, which flies one of the longest regularly scheduled routes on the entire planet, took the top award, handed out by AirlineRatings.com. The Kiwi carrier serves Auckland, New Zealand’s largest city, from New York’s JFK Airport — a distance of 8,828 miles. The trip takes 16 hours and 15 minutes.
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.
President Trump’s Department of Transportation Secretary nominee has pledged to maintain a cap on Boeing 737 MAX production brought in by the FAA last year.
Boeing delivered 348 aircraft last year — less than half Airbus managed and the lowest since the pandemic. The new CEO has a mountain to climb.
Presentation Operator Thank you for standing-by, and welcome to American Airlines Group's 4th-Quarter and Full-Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.