Higher fares and stronger demand are improving the carrier's business, but soaring fuel costs and other expenses continue to overwhelm those gains

Older widebody jets stopped carrying passengers in late February and will not return to service as airline deals with higher fuel costs

Air China, China Eastern and China Southern reversed first-quarter profits as higher jet fuel prices and weak domestic conditions weighed on results

Portuguese carrier carried more passengers and improved load factor, but a 52% jump in second-quarter fuel costs hit earnings as its partial privatization moves forward

Latin American airline group carried 17.6 million passengers as GOL and Avianca expanded capacity, while adjusted EBITDAR fell 62%

Canadian carrier plans to replace its oldest narrowbody jets with newer 737 MAX aircraft while preparing for the arrival of the larger MAX 10

Carrier accelerates transition to newer aircraft as high fuel prices affect planning