Breeze Airways, a U.S.-based low-cost carrier founded by JetBlue founder David Neeleman, has further expanded its modern fleet with the delivery of one Airbus A220-300, bearing manufacturer serial number (MSN) 55345. This aircraft is powered by Pratt & Whitney PW1500G engines, known for their fuel efficiency, lower emissions, and reduced noise footprint, making it a key asset in…
Southwest Airlines has reported a net loss of $149 million for the first quarter of 2025, reflecting the challenges of cost escalation and flat yield growth despite an uptick in operational revenue. The airline’s operating revenues rose 1.6% year-on-year to $6.4 billion, while it maintained a liquidity reserve of $9.3 billion, underscoring its financial stability in the face of earnings…
Avelo Airlines has initiated a strategic financial initiative by appointing Jefferies, a leading global investment banking firm, to assist in raising between $75 million and $100 million. The capital raise is aimed at fueling the airline’s growth plans and strengthening its financial position amid a competitive and cost-sensitive environment.
American Airlines posted a net loss of $473 million for the first quarter of 2025, despite generating $12.6 billion in revenue, reflecting the continued challenges facing major U.S. carriers in managing costs and restoring profitability post-pandemic.
Silver Airways, a US-based regional carrier, has ceased operations to Anguilla with immediate effect following the revocation of its seasonal permit. The decision by Anguillan authorities stems from the airline’s failure to pay outstanding fees totaling $103,549.
