Data & Financials

Copa Holdings posted a third-quarter (3Q) net profit of $57.7 million, down 55% from the same period last year—the result of rising fuel costs and weakened currencies in Brazil and Argentina.

SaudiGulf Airlines' owner Al-Qahtani Aviation has inked an agreement to buy 10 Airbus A320neo family aircraft.

Spurred by strong demand for air travel in Vietnam, LCC Vietjet Air reported an operating profit for the first nine months of 2018 of VND2.4 trillion ($107 million), up 13% year-over-year (YOY).

Expenses for US carriers outpaced revenues in the third quarter, driving industry-wide profitability to its lowest levels since 2014, according to Airlines for America’s (A4A) latest year-to-date (YTD) operational and financial results, released Nov. 14.

Emirates Airline warned of a difficult second half of its fiscal year after a profit drop of 86% in the first six months.

Philippines LCC Cebu Pacific posted a PHP518.4 million ($9.6 million) loss for the 2018 third quarter as rising costs, a weak peso against the US dollar and fleet expansions took their toll.

Singapore Airlines (SIA) Group reported a 68.9% decrease in net profit to S$196 million ($141.9 million) for the six months ending Sept. 30 compared to the year-ago period, as revenue gains could not offset rising fuel costs.

Singapore Airlines (SIA) Group reported a 68.9% decrease in net profit to S$196 million ($141.9 million) for the six months ending Sept. 30 compared to the year-ago period, as revenue gains could not offset rising fuel costs.

Special commissioners are examining the three offers made for Alitalia this week ahead of presenting their conclusions to the government in a long-running process to relaunch the bankrupt carrier.

China Eastern Airlines Group is taking an up to 8.6% stake in privately-owned Juneyao Airlines by acquiring newly-issued shares.

Turkish Airlines reported a $755 million net profit for the first nine months—nearly tripled from a net profit of $263 million for the year-ago period.

Southern African carrier Air Botswana has taken delivery of the first of two ATR 72-600 turboprops, which were ordered immediately before the Farnborough Air Show in July.

Central and Eastern European LCC Wizz Air has cut its full-year profit forecast because of disruption during the summer season and higher fuel prices, as it reported a first-half rise in passenger numbers and revenue.