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EasyJet Pretax Loss Widens Despite Increase in Passenger Numbers, Revenue
WSJ· 2026-01-29 08:11
Group 1 - The budget airline reported a headline pretax loss for the three months through December of £93 million [1]
X @Bloomberg
Bloomberg· 2026-01-29 07:13
Wizz Air is growing more optimistic about keeping revenue steady for the full year as the low-cost carrier makes progress on managing engine issues that have grounded many of its aircraft https://t.co/S6XhjQB5VH ...
EasyJet's quarterly loss widens amid Italian expansion
Reuters· 2026-01-29 07:12
Core Viewpoint - EasyJet reported a wider first-quarter loss due to costs associated with its strategic expansion into Italian airports [1] Group 1 - The company is experiencing increased financial strain as it expands its operations [1] - The strategic move into Italian airports is a significant factor contributing to the wider loss [1]
Wizz Air reports third-quarter loss on higher maintenance costs
Reuters· 2026-01-29 07:09
Core Viewpoint - Wizz Air reported a third-quarter operating loss that met analyst expectations, while also raising its growth forecast due to additional Airbus deliveries and the return of operations [1] Group 1 - The company experienced an operating loss in the third quarter, which was in line with analyst predictions [1] - Wizz Air has recently increased its growth forecast, indicating a positive outlook for future performance [1] - The growth forecast improvement is attributed to the delivery of additional Airbus aircraft and the resumption of operations [1]
3 Singapore Blue-Chip Dividend Stocks That Could Benefit from Rising Tourism
The Smart Investor· 2026-01-29 06:00
Industry Overview - Tourism in Singapore has rebounded strongly, with hotels and airlines experiencing increased demand and profitability surpassing pre-pandemic levels [1] - The recovery is part of a broader trend across Asia's tourism markets, indicating sustained growth in travel demand [1] Singapore Airlines (SGX: C6L) - Singapore Airlines reported revenue of S$9.7 billion for the first half of the fiscal year ending 31 March 2026, reflecting a year-on-year increase of 1.9% [3] - Profit attributable to shareholders fell nearly 68% year-on-year to S$238.5 million, primarily due to losses from Air India, which resulted in a S$417 million reduction in share of results from associated companies [4] - Passenger demand remained strong, with 20.8 million passengers carried, an 8% increase year-on-year, and a load factor improvement of 1.3 percentage points to 87.7% [4] - The airline declared an interim dividend of S$0.05 per share and a special dividend of S$0.03 per share, totaling S$0.08 compared to S$0.10 a year ago, with shares offering a trailing dividend yield of around 6% at S$6.36 [5] SATS Ltd (SGX: S58) - SATS reported revenue of S$3.1 billion for the first half of the fiscal year ending 31 March 2026, up 9.1% year-on-year [6] - Profit attributable to shareholders increased by 11.2% year-on-year to nearly S$150 million, with free cash flow surging 79.4% to around S$233 million [7] - The operating profit margin expanded from 8.5% to 9.2%, driven by volume growth and operational efficiency [7] - SATS secured new customer contracts with Emirates SkyCargo and Turkish Airlines, and declared an interim dividend of S$0.02 per share, up 33.3% from S$0.015 a year ago, with shares offering a trailing dividend yield of around 1.4% at S$3.82 [8] ComfortDelGro Corporation (SGX: C52) - ComfortDelGro reported revenue of S$3.75 billion for the nine months ended 30 September 2025, a 13.9% year-on-year increase [9] - Profit attributable to shareholders rose 15.4% year-on-year to S$176.4 million, driven by UK bus contract renewals and contributions from acquisitions [9] - Overseas revenue now exceeds 55% of group revenue, with new operations in Stockholm and prequalification for Copenhagen Metro operations [10] - Shares offer a trailing dividend yield of around 5.6% at S$1.47 [10] Investment Insights - The tourism recovery offers various investment opportunities based on risk appetite, with Singapore Airlines providing direct exposure to air travel but facing challenges from Air India losses [11] - SATS presents a steadier investment option, benefiting from rising travel volumes without the volatility of airline operations [11] - ComfortDelGro, with diversified operations and the highest yield among the three, offers defensive exposure to tourism-related spending [12]
Wheel falls off of a British Airways plane during takeoff in Las Vegas
NBC News· 2026-01-29 04:59
We've also got some alarming video out of Las Vegas where a wheel fell off a British Airways flight during takeoff. There's the plane and it's a little dark, but if you look closely at that circle there, you can see that wheel falling down at the tarmac. British Airways says they're supporting authorities with their investigations.The plane landed safely in London hours. ...
X @The Wall Street Journal
The Wall Street Journal· 2026-01-29 04:45
Southwest is laying open seating to rest. It’s a seismic shift for a business that long touted its egalitarian ways, writes columnist Dawn Gilbertson. https://t.co/xd8y3NDrXB ...
X @Bloomberg
Bloomberg· 2026-01-29 04:35
Low-cost Southeast Asian carrier AirAsia is close to finalizing an order for around 100 Airbus regional jets, according to sources, as the airline looks to expand its operations https://t.co/CIaQ24b9tO ...
United and American Airlines hike up ticket prices at major US airport as rivalry heats up
New York Post· 2026-01-29 02:56
Core Insights - United Airlines and American Airlines are competing for market share at Chicago's O'Hare International Airport, with both airlines increasing operations ahead of the summer travel season [1][6] - United Airlines plans to operate a record 750 flights daily at O'Hare, surpassing its nearest competitor by approximately 200 flights, marking the largest schedule ever for any airline at this airport [1][2] - By 2026, United will offer nonstop service to 222 destinations, including 47 international cities and 175 U.S. destinations, which is 38 more than American Airlines [2] United Airlines Operations - Starting in April, United will introduce five new routes from Chicago to various Midwest cities, enhancing connectivity [3] - More than 80 cities will see additional flights from Chicago, including major destinations like Boston, Nashville, Los Angeles, San Francisco, and Dallas, positioning Chicago as United's third-largest hub in the U.S. [5] - United's strategy focuses on building brand loyalty by providing more value to customers, particularly in Chicago, where the airline has invested significantly in its network and hiring [6] American Airlines Operations - American Airlines has also announced new routes from its Chicago hub, including service to Maui, Hawaii, and additional flights to Allentown, Pennsylvania, and Columbia, South Carolina [6] - The airline is enhancing its operations from Los Angeles but emphasizes the importance of its Chicago hub, which has expanded to over 180 destinations in the past year [7] - Last year, American added service to 29 new destinations from Chicago, including Naples, Italy, and St. Croix, St. Maarten, and plans to offer over 500 peak daily departures for the upcoming spring break [10]
Close call on San Antonio runway
NBC News· 2026-01-29 01:52
It was a frantic last second call from the controller. >> Take off. Take off, sir.Southwest. >> A Southwest 737 cleared for takeoff, rolling down runway 22 at 115 mph in San Antonio when a private Pilates PC12 plane suddenly made a wrong turn onto the same runway heading towards the 737. A head-on crash just seconds away.>> Careful takeoff, clear takeoff, clear southwest. >> They stopped in time. The plane safely departed for Dallas an hour later while another Southwest flight preparing to land was ordered ...