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Search resuls for: "Barcelona Airport"


7 mentions found


☆ Wizz Air forecasts higher earnings, swings to annual profit after 3 years
  + stars: | 2024-05-23 | by ( ) www.cnbc.com   time to read: +1 min
An Airbus A321-231 from Wizz Air is taking off from Barcelona Airport in Barcelona, Spain, on Feb. 23, 2024. European low-cost airline Wizz Air forecast a higher annual profit on Thursday on the back of a strong summer and robust travel demand, after swinging to an annual net profit after three years. Wizz Air reported a net profit of 365.9 million euros ($395.90 million) for the year ended March 31, compared with a net loss of 535 million euros a year earlier. That compares with a company-compiled consensus of a 350.8 million euros. The airline expects current year net income in the range of 500 million euros-600 million euros with revenue on each available seat kilometre up in high-single digits.
Persons: Jozsef Varadi Organizations: Airbus, Wizz, Barcelona Airport Locations: Barcelona, Spain, Hungary
☆ American Airlines cuts some international flights into 2025 citing Boeing delivery delays
  + stars: | 2024-04-26 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. "We're making these adjustments now to ensure we're able to re-accommodate customers on affected flights," American said in a statement. Flights from New York to Barcelona will be suspended Sept. 3. Flights from Dallas/Fort Worth International to Dublin and to Rome, which were both scheduled as year-round flights, will now be suspended on Oct. 26. Flights from Chicago O'Hare to Paris will end Sept. 3 and resume next year.
Persons: John F, Boeing didn't Organizations: Boeing, American Airlines, Kennedy International, Fort Worth International, Dublin, Chicago O'Hare Locations: Barcelona, Europe, New, Athens, New York, Dallas, Rome, Chicago, Paris, Kona, Hawaii, Philadelphia, Miami, Montevideo, Uruguay, Sao Paulo, Brazil
☆ American Airlines posts narrow fourth-quarter profit
  + stars: | 2024-01-25 | by ( Laya Neelakandan | ) www.cnbc.com   time to read: +2 min
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. American Airlines on Thursday posted a $19 million profit for the last three months of 2023, topping Wall Street estimates on the top and bottom lines. 29 cents adjusted vs. 10 cents per share expected. For the last three months of 2023, American Airlines reported net income of $19 million, down from $803 million the year prior. "The American Airlines team produced an exceptionally strong performance in 2023," CEO Robert Isom said in a statement Thursday.
Persons: Robert Isom Organizations: Boeing, American Airlines, LSEG, Revenue, United Airlines, Max, Federal Aviation Administration, Alaska Airlines Locations: Barcelona, Southwest, Alaska
☆ Airline stocks rise as United kicks off busy earnings week
  + stars: | 2024-01-23 | by ( Ryan Anastasio | ) www.cnbc.com   time to read: +1 min
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. United Airlines shares rose about 4% Tuesday after the company reported higher-than-expected earnings and revenue for the fourth quarter. The report kicks off a busy week of airline earnings reports, with quarterly updates from American , Southwest and Alaska all due out on Thursday. Shares of Delta, which reported fourth-quarter earnings earlier this month, were up about 2%. United shares are about flat this year but are down about 30% from its 52-week high of $58.23 recorded in July 2023.
Persons: Scott Kirby, Kirby, CNBC's Phil LeBeau Organizations: Boeing, United Airlines, Max, CNBC, Spirit Airlines, JetBlue Locations: Barcelona, Southwest, Alaska
☆ American Airlines posts third-quarter loss and trims 2023 profit forecast
  + stars: | 2023-10-19 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year, partly in response to higher fuel prices. American said it expects a full-year adjusted operating margin of 7%, down from a previous forecast for as wide a margin as 10%. For the fourth quarter, American estimated it would break even. American will hold a call with analysts and media at 8:30 a.m. on Thursday to discuss results and its outlook.
Persons: Robert Isom Organizations: Boeing, American Airlines, LSEG, Revenue Locations: Barcelona
☆ United says pricier fuel, war in Middle East will weigh on profits
  + stars: | 2023-10-17 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. United Airlines said more expensive jet fuel and a halt to the carrier's Tel Aviv flights during the Israel-Hamas war will eat into its profits in the last three months of the year. United and other U.S. and international carriers halted their flights to Israel earlier this month. United had more service to Israel than any of the U.S.-based airlines with service from Washington D.C., Newark, New Jersey and San Francisco. Its costs, excluding fuel will likely rise between 3.5% and 5% in the fourth quarter from 2022, United said.
Persons: United Organizations: Boeing, United Airlines, Washington D.C, Delta, LSEG Locations: Barcelona, Tel Aviv, Israel, Chicago, U.S, Washington, Newark , New Jersey, San Francisco, United
☆ American Airlines raises 2023 profit forecast after strong second quarter
  + stars: | 2023-07-20 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. American Airlines on Thursday raised its earnings outlook for 2023 after a strong start to the peak travel season, the latest airline to reap the rewards from the continued boom in demand. That updated 2023 profit guidance falls in line with Wall Street expectations of $3.10, according to Refinitiv consensus estimates. For the third quarter, American expects to earn an adjusted 85 cents to 95 cents per share, in line with estimates. Adjusting for one-time items, including costs associated with planes retired early in the pandemic, the company earned $1.37 billion, or $1.92 per share.
Persons: Robert Isom, CNBC's Phil LeBeau Organizations: Boeing, American Airlines, Airline, United, Refinitiv Locations: Barcelona, Fort Worth - Texas
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