All Nippon Airways (ANA) produced its first half-year profit in three years, benefitting from pent-up demand and the relaxation of travel restrictions in Japan and its key markets in Asia. Longer term, the airline wants to significantly improve profitability by…
UPDATE – Over 3.5 years since confirming the order, Taiwan’s Starlux Airlines has taken delivery of the first of seventeen Airbus A350s. The type will help to expand the airline that was formed only four years ago and aims to offer a…
Finnair produced its first operating profit since Q3 2019, but the net result is still negative. The €35 million EBIT is also leaning heavily on seasonal effects, with the summer traditionally being the strongest period. Increasing costs confirm the need for…
Air Canada bounces back
Engine maker Safran upholds its target that it will be able to deliver 2.000 CFM LEAP engines in 2023, despite suffering from continued supply chain and labor constraints. For this reason, CFM, which is jointly owned by Safran and General Electric,…
While significantly improving its Q3 results year-on-year, International Airlines Group (IAG) hasn’t fully matched its 2019 results like main rivals Lufthansa Group and Air France-KLM have done. IAG ended the third quarter with a €1.208 billion net profit, with Vueling and IAG…