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United Airlines posts $1 billion profit on summer travel

“The results released Tuesday were better than Wall Street expected, and United raised its forecast of full-year profit” writes The Associated Press for seattletimes.com. Cowen analyst Helane Becker said rising capacity — not all of it from the Max — will cause United’s revenue per mile to decline next year.United didn’t forecast that far ahead, but it said revenue per seat will be flat to up 2% in the fourth quarter. Source: seattletimes.com

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Airlines Can’t Agree About Whether Seats Should Have Screens

“So go ahead and take those screens, airlines” writes Mark Wilson Is for fastcompany.com. But these screens also add pounds of weight to each seat, in an industry where weight is directly linked to fuel costs, which are directly linked to profits.As a new Bloomberg report points out, three of the largest airlines in the U.S.—American, United, and Alaska—are all removing screens from their main domestic aircraft, the 737s and A320s.The possibility of saving fuel for our environmental impact alone is a good reason to ditch them—especially since all airlines…

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Ridiculous baggage fees are keeping these budget airlines afloat

“A new data report from mileage hacker site Upgraded Points shows that while baggage fees make up 3% of the overall operating revenue for airlines, some low-cost airlines heavily rely on customers forking over baggage fees” reports fastcompany.com. For instance, Southwest doesn’t charge baggage fees for the first two checked bags, and its baggage fee revenue made up less than 1% of its overall operating revenue.One thing helping them rake it in is the fact that those three airlines have the highest average baggage fees: $26.61 (Spirit), $21.17 (Frontier), and…

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A vital Boeing 737 Next Gen part that attaches the plane’s body to its wings is having a ‘cracking issue’

“Boeing’s website lists more than 100 airlines as 737 NG customers, including American Airlines, Delta Airlines, EgyptAir, RyanAir, and Southwest Airlines” writes Ashley Rodriguez for businessinsider.com. Boeing reported the issue to the FAA after it discovered the cracks while modifying a “heavily used aircraft,” according to the statement.Aircraft manufacturer Boeing has discovered a “cracking issue” in a vital part of its Boeing 737 Next Generation planes that connects the body of the aircraft to its wings, Charlie Harger at CNN affiliate KOMO first reported.Boeing said in a statement it has…

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Delta Buys $1.9 Billion LATAM Stake, Snatching Partner Away from American Airlines

“That plan has not changed with the LATAM deal, which Delta started studying about three months ago after an approach by a third party, Bastian said” writes Min Read for reuters.com. CHICAGO (Reuters) – Delta Air Lines (DAL.N) on Thursday announced a deal to buy a 20% stake in LATAM Airlines Group (LTM.SN) for $1.9 billion, creating a major new airline partnership and shaking up the Chilean carrier’s longtime ties with American Airlines.As part of the deal, Delta will also acquire four A350 aircraft from LATAM and assume LATAM’s commitment…

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Airline customer-service agents report abusive customers

“Airline customer-service agents say they often get verbal threats from passengers, and sometimes they turn into physical confrontations” reports latimes.com. The agents say alcohol, airline fees and long lines can anger passengers.The Government Accountability Office reported Tuesday that more than half the 104 agents it surveyed reported threats or other harmful action by customers in the past year. Source: latimes.com

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Airbus revises up jet demand forecast, shaves traffic growth

“Airbus however shaved its forecast for average 20-year traffic growth to 4.3% a year from 4.4% in its previous report” writes Midwest Communications Inc for 95kqds.com. Airbus said it now expects airlines and leasing companies to take delivery of 39,210 new passenger jets and freighters over the next two decades compared to 37,389 previously forecast.LONDON (Reuters) – Airbus on Wednesday revised up forecasts for jetliner demand over the next 20 years led by growth in Asia, despite the industry’s short-term concerns over global trade tensions.But the demand for new jets…

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Ethiopian crash victims want 737 MAX documents from Boeing, FAA

“Dozens of lawsuits have been filed against Boeing by families of Lion Air crash victims” writes Midwest Communications Inc for 95kqds.com. In his role as lead counsel, Clifford will help the different plaintiffs “speak with one voice,” said Ricardo Martinez-Cid of Podhurst Orseck, a law firm that is also representing Ethiopian Airlines crash victims.CHICAGO (Reuters) – A lawyer for victims of Ethiopian Airlines Flight 302 said on Tuesday he wants Boeing Co and the U.S. Federal Aviation Administration to hand over documents about the decision to keep the Boeing 737…

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News Oil Stocks 

Stocks fall as surge in oil brings fresh economic worries

“Energy stocks climbed with the price of oil, while airlines and other companies that have big oil and fuel bills were sharply lower” reports thebusinessjournal.com. Small stocks recently hit their cheapest level relative to the big stocks in the Russell 1000 since the summer of 2003, according to Jefferies.The Russell 2000 is up nearly 7% since Sept. 4, while the big stocks in the S&P 500 are up only about 2%.That helped energy stocks in the S&P 500 surge 3.7%. Source: thebusinessjournal.com

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Virtual-reality connections, sustainable aviation fuel and ‘carbon budgets’ — these Seattle locals have bright ideas for climate-conscious travel

“Using more fuel-efficient aircraft, sustainable aviation fuels and optimized flight paths are ways that some airlines are decreasing their carbon emissions in-flight” writes Seattle Times Travel for seattletimes.com. In Altspace, Duguid met and talked with people from all over the world, including, one day, Altspace product owner Katie Kelly. Source: seattletimes.com

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