It’s still very early days, but by reporting improved first-quarter results, TAP Air Portugal has taken another step to become more attractive to potential investors when it will be privatized in the future. TAP reduced its Q1 net loss to €-57.4…
Thai Airways joined the ranks of most airlines that reported a strong first quarter of 2023. For Thai, things could only get better as it had to operate under severe travel restrictions in Asia last year, restrictions that have now…
Happy faces not just in Norway today, but also in Canada, where Air Canada reported “an impressive first quarter”, to quote CEO Michael Rousseau. The airline produced a tiny net profit but succeeded in turning around a big loss last year,…
Despite reporting a NOK-992.8 million net loss, Norwegian Air is actually quite pleased with how it weathered the first quarter of 2023. While the operating loss was higher than in Q1 2022, the airline demonstrated that it is no far more…
We have updated our US airline carbon model with the DoT’s updated T2 dataset. Remember to click the double-headed arrow at the bottom right of the model to optimize viewing. The model uses total payload as the denominator to fuel…
NetJets, a Berkshire Hathaway company, that provides fractional business jet ownership signed arrangements with Embraer for up to 250 Praetor 500 jets, including a comprehensive services and support agreement. The transaction is valued in excess of $5 billion with aircraft…