Southwest Airlines (US) is implementing a 15% reduction in corporate jobs as part of a cost-cutting initiative, with projected savings of $210 million in 2025 and $300 million in 2026. This move reflects the airline’s focus on operational efficiency and long-term financial sustainability.
Southwest Airlines (US) has announced its financial results for 2024, reporting a net income of $465 million, driven by operating revenues of $27.5 billion. The airline ended the year with $9.7 billion in liquidity, reinforcing its strong financial position despite ongoing industry challenges.
JetBlue (US) has outlined its fleet expansion and modernization plans for 2025, expecting to take delivery of 24 new aircraft throughout the year. The airline will receive 20 Airbus A220s and four A321neos, marking a continued transition toward a more efficient and streamlined fleet.
JetBlue (US) is bracing for a peak in aircraft on ground (AOG) levels within the next one to two years as it continues to deal with the Pratt & Whitney GTF engine issues affecting its fleet. CFO Ursula Hurley has stated that the airline expects the number of grounded aircraft to rise into the mid-to-high teens in 2025, further stressing JetBlue’s operational and financial outlook.
JetBlue Airways has announced its financial results for 2024, reporting a net loss of $795 million as revenues fell by 3.5% to $662 million. The airline faced challenges throughout the year, including declining demand and operational pressures.
Delta Air Lines is making significant adjustments to its fleet strategy for 2025. Following the retirement of just over 20 aircraft in 2024, the airline anticipates phasing out an additional 30 aircraft next year. At the same time, Delta plans to bolster its operations with the delivery of 40+ new aircraft, of which 12 to 13 will be widebody models, including Airbus…
Air Wisconsin (US) has announced a strategic realignment aimed at strengthening its focus on Essential Air Service (EAS) markets and expanding its charter operations. Effective April 2025, the airline will transition its relationship with American Airlines (US) to a codeshare and interline agreement, marking a shift from its previous operational model.
ExpressJet Airlines (US) has faced a significant regulatory setback as the US Department of Transportation (DOT)denied its request for a waiver from the revocation-for-dormancy rule. Additionally, the DOT dismissed the air carrier’s notice to resume operations and formally revoked the certificate authority previously issued to ExpressJet.
Surf Air Mobility (US) has unveiled a strategic initiative to minimize potential equity dilution significantly. The company announced plans to reduce the number of shares registered by approximately 35.6 million, which is expected to result in a 90% decrease in potential future equity dilution.
Delta Airlines has reached a significant financial milestone with S&P Global Ratings upgrading its credit rating to investment grade. This recognition underscores the airline’s robust financial performance and strategic efforts to strengthen its balance sheet and maintain fiscal resilience.
