Korean Air reported a record-breaking revenue in 2023, surpassing pre-pandemic levels and defying headwinds with impressive gains in passenger travel. However, a Q4 loss cast a shadow on the otherwise stellar full-year performance. In 2023, the Korean flag carrier achieved…
Patrick Edmond, MD of Altair Advisory and a SAF expert explains where we are and how the murky SAF production process is falling behind. We are likely to see the first impacts in Europe – but SAF does offer countries…
Top line items: Fourth quarter revenue and costs beat expectations Reached agreement to defer ~$2.5 billion of planned aircraft capital expenditures Focused on restoring profitability through new revenue and cost initiatives in 2024 “2024 is an important year of change…
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mba Aviation released its market update for 1Q24 last week. The key highlights are are listed below along with links to their notes. Their findings are consistent with what other firms are publishing. Essentially, the paucity in new deliveries is…
Ryanair announced its revenue in the last three months of 2023 saw an rise of 17% to €2.7 billion. Its passenger volume rose 7% compared to the same period last year reaching 41.4 million. Q3 FY Results . Profit after…