Group 1 - United Airlines will present at Morgan Stanley's 13th Annual Laguna Conference on September 11, 2025, at 10:45 a.m. PST [1] - Mike Leskinen, Chief Financial Officer of United, will discuss current trends affecting the business during the webcast [1] - The live webcast will be accessible on the investor relations section of United's website and will be archived within 24 hours [1] Group 2 - United Airlines operates the most comprehensive global route network among North American carriers and is the largest airline in the world by available seat miles [2] - The company has U.S. hubs in major cities including Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco, and Washington, D.C. [2] - United Airlines Holdings, Inc. is traded on the Nasdaq under the symbol "UAL" [2]

Hopscotching across Europe has never been cheaper or easier thanks to airlines like Ryanair, Wizz Air and easyJet, WSJ’s @DawnGilbertson writes https://t.co/AyaajenLoq ...

Thai Airways may delay its flight and route expansion plans because the nation’s flag carrier has been unable to acquire enough additional passenger jets https://t.co/orjjKTaJ8I ...

Qantas reported a 15% jump in full-year earnings and ordered more Airbus SE jets as demand for flights shows little sign of faltering https://t.co/7tfOyjswyG ...

Air New Zealand (AIR) H2 2025 Earnings Call August 27, 2025 06:00 PM ET Company ParticipantsKimberley Cootes - Senior Manager - IRGreg Foran - CEORichard Thomson - CFOAndy Bowley - Head of ResearchLeila Peters - General Manager of Corporate FinanceMarcus Curley - Head - Australia & NZ ResearchKimberley Cootesora, and good morning, everyone. Today's call is being recorded and will be accessible for future playback on our Investor Centre website, which you can find at www.enz.co.nzinvestorcentre. Also on the ...

Financial Data and Key Metrics Changes - The company reported earnings before taxation of $89 million and a net profit after tax of $126 million, despite facing significant operational constraints [8][20] - The financial results were significantly impacted by ongoing engine availability issues, with an estimated gross impact of $280 million to $320 million for the year [21][22] - Compensation received from engine manufacturers amounted to $129 million, with $107 million related to the 2025 financial period, recovering about one-third of the financial impact [21][22] Business Line Data and Key Metrics Changes - The transformation program delivered approximately $100 million in incremental EBITDA benefits, with a shift in focus towards ancillary revenue and premium cabin demand [5][16] - The company operated 4% less capacity than the prior year, affecting both top-line revenue and productivity [6][22] - The loyalty program, AirPoint, surpassed 5 million members, indicating strong customer engagement [11] Market Data and Key Metrics Changes - Domestic demand remains soft, particularly in Wellington, with government travel down 10% and corporate travel down 5% [11][58] - International demand, particularly on the Tasman route, remains strong, with plans to add capacity to existing routes [12][60] - Outbound demand to North America has held steady, supported by a strong U.S. dollar, although a shorter booking curve has been noted [13][61] Company Strategy and Development Direction - The company is focused on improving customer experience, strengthening digital infrastructure, and enhancing operational resilience [5][14] - Future capacity growth is expected to be low single digits in FY 2026, with a more significant increase anticipated in FY 2027 and FY 2028 as engine constraints ease [6][40] - The company aims to leverage digital systems and AI to improve cost efficiencies and maintain stable fixed costs as the network grows [27][46] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by engine availability issues, which have proven to be more persistent than expected [35][39] - The outlook for FY 2026 remains constrained, with expectations of non-fuel cost inflation of 3% to 5% due to increased aviation sector levies and charges [51][52] - Management expressed confidence in recovery as engine challenges and economic conditions improve, with a focus on maintaining customer satisfaction and operational performance [52][90] Other Important Information - The company declared a final dividend of $1.25 per share, totaling approximately $40 million for the year [34] - The company has a robust capital management framework in place, with liquidity exceeding target ranges [33] Q&A Session Summary Question: Clarification on FY 2026 non-fuel operating cost inflation - Management confirmed that the transformation benefits for FY 2026 are expected to offset non-fuel cost inflation pressures [54][56] Question: Insights on domestic and international demand - Management noted that while Wellington remains challenging, other regions like Christchurch and Queenstown are performing better, and international demand, particularly from Australia, is strong [57][60] Question: Guidance on compensation and liquidity - Management indicated that the first half guidance assumes a reduction in compensation from engine manufacturers and noted that liquidity remains strong [80][82]

Air New Zealand posted a 15% drop in full-year earnings as engine maintenance issues hurt revenue, and indicated there is no immediate relief in sight https://t.co/jTsuQGM17L ...

Financial Performance - Air New Zealand's operating revenue reached $6.8 billion, consistent with the previous year[35] - Earnings before taxation (EBT) decreased by 15% to $189 million[35] - Net profit after taxation (NPAT) declined by 14% to $126 million[35] - The company declared full year unimputed ordinary dividends of 2.5 cents per share[35] Operational Challenges and Mitigation - Aircraft availability challenges resulted in an estimated $165 million adverse impact on 2025 earnings, partially offset by $129 million in compensation[11,37] - Transformation initiatives delivered approximately $100 million in EBITDA benefits in 2025[23] - The airline is actively managing aircraft availability due to global engine maintenance delays, with up to 11 aircraft grounded out of a 60 jet fleet in 2025[27] Capacity and Demand - Available Seat Kilometers (ASKs) decreased by 4%[11] - Passenger numbers decreased by 3% to 16 million[11] - Loyalty members increased by 9% to over 5 million[12] Future Outlook - The airline anticipates a 2% to 4% increase in group capacity in 2026, equating to approximately 90% of pre-Covid capacity[77] - Fuel costs for 2026 are estimated at approximately $1.5 billion, assuming a jet fuel price of US$85 per barrel, with approximately 70% of volumes hedged[79,105] - Continued price increases in landing charges, aviation security, and air navigation for 2026 are expected to result in approximately $85 million (13%) incremental cost[79]

Key Takeaways Ryanair shares have surged 44.3% in 2025, outpacing the industry's 12% gain.Ryanair rides on upbeat passenger traffic, fleet expansion, and debt reduction efforts.Ryanair flew over 200 million passengers in fiscal 2025, a first among European airlines.Ryanair Holdings plc (RYAAY) ) is benefiting from the improvement in traffic from the pandemic-led slump. Measures to expand its fleet and bring down debt levels are encouraging.Against this backdrop, let’s look at the factors that make this stoc ...

Mauritius is preparing to sell a minority stake in its national airline as the Indian Ocean island aims to boost tourism and improve the carrier’s finances, according to people familiar with the matter https://t.co/AQ2dveupkl ...