Air France-KLM looks back on a strong second quarter, with double-digit growth in revenues and a profit margin reaching ten percent again. Air France fared better than KLM, while leisure subsidiaries Transavia produced an HY1 net loss due to serious…
UPDATE July 27 – Qatar Airways reported a lower net profit for the financial year 2022/2023 compared to the previous year. The net profit of QAR 4.4 billion compares to QAR 5.6 billion in FY21/22, which was the highest-ever result…
UPDATE – Boeing’s announcement that the first deliveries of the MAX 7 will only start in 2024 must have come too late for Southwest Airlines to include in its HY1 earnings release. The carrier still includes 31 deliveries of the…
Singapore Airlines continues to surprise itself with ever-higher quarterly results. After a sequence of very strong months that produced a record-high profit in FY2022-2023 , the carrier kicked off FY2023-2024 with another record in Q1. Demand is expected to remain…
Aftermarket sales of spare parts for CFM LEAP and CFM56 engines have recovered to well over 2019 levels, the first time this happened since the pandemic. Sales were up 36.5 percent in HY1. As this trend is expected to continue…
South Africa-based regional carrier Airlink says it will focus its energies on growing the business, in the aftermath of a court decision this week, which further dimmed prospects for recovery of R890 million ($50.5 million) in ticket revenues, owed by former…