Source: KLM The KLM Group reported a revenue of €6.3 billion in the first half of 2025, an increase of 5.7% compared to the same period of 2024. Despite improvements in the operating result and a 3% increase in capacity, KLM did not achieve an operational profit. Higher costs further reinforce the need to continue the structural savings plans for the remainder of 2025. The operating result for the first half of the year was –€2 million. Although this is an improvement compared to the first half of 2024 (–€31 million), this is a disappointing outcome given the €6.3 billion in revenue. This is a direct result of a 4.3% increase in costs per unit. Marjan Rintel, CEO KLM: ‘We [...]

Source: ALA News José Ignacio Dougnac, who has been the CEO of Sky Airline since 2019, will leave his position after a rising career at the Chilean low-cost airline. Previously, the senior executive had served as the company's Chief Financial Officer (CFO), which led him to remain linked to it for over a decade. Dougnac will step down from his current responsibilities later this month and will reportedly retain an advisory role to the airline's Board of Directors. Among the milestones that stand out from his six-year tenure at the head of Sky Airline, Dougnac is recognized as someone who was able to maximise the positioning of the brand, increase the number of passengers, substantially renew the fleet, confront the [...]

Source: Sun Country Airlines Revenue of $264 million, highest second quarter on record(1) GAAP diluted EPS of $0.12, operating income of $16 million and margin of 6.2% Adj. diluted EPS(2) of $0.14, adj. operating income(2) of $18 million and margin(2) of 6.8% Sun Country Airlines Holdings, Inc. (“Sun Country Airlines,” “Sun Country,” the “Company”) reported financial results for its second quarter ended June 30, 2025. “Sun Country is pleased to report our twelfth consecutive profitable quarter with GAAP EPS of $0.12 and adjusted diluted EPS of $0.14(2),” said Jude Bricker, President and Chief Executive Officer of Sun Country. “We are steadily incorporating our eight additional cargo aircraft throughout the second and third quarters. As of the end of the second [...]

Source: Canadian North Canadian North’s hard work and dedication to the communities we serve have ensured that we will continue our exceptional service to our Northern passengers and clients for a decade to come. Exchange Income Corporation (EIC), on behalf of Canadian North, has secured a new, long-term air travel agreement with the Government of Nunavut (GN). This 10-year contract, with an additional five-year option, will provide consistency, stability, and the confidence to plan and invest in our future. This agreement is more than just good business. It’s a powerful endorsement of the exceptional services Canadian North delivers every day. It reflects the confidence GN places in us to provide safe, reliable air travel and cargo services, essential to Nunavummiut. [...]