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Akasa Air Delays Fleet Expansion Amid Boeing Delivery Delays

Akasa Air, one of India’s newest airlines, has clarified its stance on fleet expansion, emphasizing that it has no plans to lease aircraft from the secondary market despite delivery delays from Boeing. The airline’s fleet expansion timeline has now been pushed to April 2025, with the delivery of five aircraft anticipated in the first quarter of the 2025-26…

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Southwest Airlines Raises 4Q 2024 Revenue Guidance

Southwest Airlines, one of the largest low-cost carriers in the United States, has revised its financial outlook for the fourth quarter of 2024, increasing its guidance for unit revenues. The airline now expects unit revenues to rise between 5.5% and 7%, a significant improvement driven by strong demand and optimized capacity.

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JetBlue Updates 2024 Revenue and CASM Guidance

JetBlue Airways, a prominent US-based low-cost carrier, has revised its 2024 financial guidance, signaling adjustments in both revenue expectations and cost metrics. The airline now anticipates a 3.5% to 4.5% decline in revenue for the fiscal year, an improvement from its initial projection of a 4% to 5% drop. Concurrently, the Cost per Available Seat Mile (CASM) excluding fuel is expected…