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Airlines are expected to rake in record revenue — but rising costs are eating at profits
Quartz· 17 hours agoAirlines are set to rake in a record $996 million in revenue this year, although high costs are expected to thin margins and weigh on earnings, according to an industry trade ...
Global airlines raise profit outlook for 2024
Reuters· 24 hours agoGlobal airlines on Monday raised their profit forecast for 2024 and projected industry-wide revenues just shy of $1 trillion as a record number of...
Airline Profitability Outlook Improves for 2024
Breaking Travel News· 22 hours agoThe International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2024 compared with its June and December 2023 forecasts ...
Atlas Air to end Amazon flights, focus on international customers
FreightWaves· 4 days agoAmazon directly controls the eight 737-800s, which are leased from AerCap and could also be placed...
Amazon exiting cargo partnership with Atlas Air
FreightWaves via Yahoo Finance· 5 days agoAtlas Air will lose revenue from operating 25 aircraft for Amazon after the retailer decided to move the planes to other operators. The post Amazon...
Asian exports to Latin America buffer impact of capacity expansion on pricing - The Loadstar
The Loadstar· 6 days agoPassenger carriers are flocking to Latin America, pouring bellyhold capacity into a cargo market...
Former Polar Air Cargo COO sentenced to 4 years in prison
FreightWaves via Yahoo Finance· 4 days agoLars Winkelbauer, a former high-level executive at Polar Air Cargo, received a four-year prison...