Airline and Hotel Operating and Financial Reports

Delta Reports Capacity Increase, Load Factor Drop for January 2018

Delta Reports Capacity Increase, Load Factor Drop for January 2018

Delta Air Lines announced operational results for January 2018.
The Atlanta-based carrier’s total system traffic for the month was 15.64 billion revenue passenger miles, or RPMs, virtually unchanged from January 2017.  Domestic traffic rose 1.3%, from 9.59 billion RPMs 9.71 billion RPMs, while international traffic decreased to 5.93 billion RPMs, a 2% drop from 6.05 billion RPMs the previous January.
Total system-wide capacity for the month rose to 19.62 billion available seat …

JetBlue Profit Soars in Fourth Quarter

JetBlue Profit Soars in Fourth Quarter

JetBlue Airways announced financial results for the fourth quarter of 2017.
The New York-based airline said its fourth-quarter net income rose to $672 million, a 291% increase from $172 million in Q4 2016.
The New York-based airline reported fourth quarter revenue of $1.8 billion, a 12.5% increase from last year’s $1.6 billion.
The carrier said that passenger revenue per available seat mile, or Prasm, increased by 0.8% year-over-year for the fourth quarter, up …

Hawaiian Reports ‘Record Earnings’ for 2017

Hawaiian Reports ‘Record Earnings’ for 2017

Hawaiian Airlines announced financial results for quarter and year ending December 31, 2017.
The Honolulu-based carrier reported net income of $364 million, on revenue of $2.7 billion, for the year, a 55% increase over the prior year. For the fourth quarter, the airline reported a net income of $172 million, on revenue of $687 million, up 1.1% year over year.
The airline also set a record for the number of passengers carried, …

Southwest Sees Record Profit for Q4 2017

Southwest Sees Record Profit for Q4 2017

Southwest Airlines announced financial results for the fourth quarter of 2017.
The airline reported record fourth quarter net income of $1.888 billion, a 261.7% increase over Q4 2016.
The airline also set a record for fourth-quarter operating revenue, reporting $5.3 billion, a year-over-year increase of 3.9%.
Southwest’s passenger revenue per available seat mile, or Prasm, increased 0.5%, up to 12.50 cents.
Passenger traffic in the fourth quarter increased by 2.6%, up to 32.19 billion …

United Airlines Projects New Period of Growth as Q4 Profit Jumps

United Airlines Projects New Period of Growth as Q4 Profit Jumps

United Airlines will grow capacity at an accelerated rate through the end of the decade, as it plays catch-up with its two largest competitors.
After the closing bell, the nation’s number 3 airline by traffic said Q4 net income rose 46% on a modest increase in revenue.
The airline plans to increase overall system capacity by 4% to 6% for three years starting in 2018, the airline’s president, Scott Kirby, said at …

United Sees Capacity Increase in December

United Sees Capacity Increase in December

United Airlines announced operational results for December 2017.
Traffic for the Chicago-based airline during the month of December was 18 billion RPMs, or revenue passenger miles, an increase of 2.7% from 17.6 billion RPMs in December 2016. The carrier’s total capacity for the month was up 3.7% to 22 billion ASMs, or available seat miles, from 21.2 billion ASMs last December.
Meanwhile, United’s consolidated load factor was 82.3%, a 0.8 percentage point …

JetBlue Reports Drop in Load Factor for December

JetBlue Reports Drop in Load Factor for December

JetBlue Airways announced operational results for December 2017. The carrier said that its total traffic and capacity were up, while its load factor fell for the month.
The New York-based airline’s passenger traffic was 4.08 billion revenue passenger miles, or RPMs, a year-over-year increase of 2.7% from 3.97 billion RPMs in the same period last year.
JetBlue’s capacity also rose, increasing 4.4% to 4.93 billion available seat miles, or ASMs, from 4.72 …