On November 3, 2022, LATAM Airlines Group emerged from Chapter 11 bankruptcy protection. The airline spent two and half years reorganizing, downsizing costs and debt, and overall improving the company’s bottom line for years to come. LATAM emerges from bankruptcy…
The profitability of turboprop maker ATR continues to improve year-on-year. Although it still ended with an operating loss of €-4.0 million in the first nine months, this is significantly better than €-25 million in the same period of 2021. The results…
Singapore Airlines reported record-high operating profits for its second quarter and HY1, in line with the results at many other airlines in the last few weeks. SIA’s recovery accelerated further in the second quarter (June-September) on the back of a…
Kenya Airways pilots press on with strike
IndiGo's 1Q22 results
Turkish Airlines reported a strong third quarter, in which capacity, the operating result, and net profit exceeded those of 2019. The airline produced these results despite “increasing geopolitical tensions and global inflationist pressure while facing unprecedented operational problems,” it said on…