Thursday saw two more FY22 earnings releases from US airlines: JetBlue and Alaska Airlines. JetBlue reported a full-year net loss of $-362 million, while Alaska’s profit was a small $58 million. What’s behind these numbers? JetBlue and Alaska Airlines positive about…
Airbus will recruit another 13.000 new employees this year to fulfill its requirements for all of the three main business segments, Commercial Aircraft, Defense and Space, and Helicopters. The airframer already hired 13.000 people in 2022, but the new campaign…
American Airlines’ predictions for a strong Q4 of FY2022 came true, as it produced a good final three months with an $803 million net profit for the December quarter. But the full-year profit of $127 million has been affected by the…
Increased flight cancelations and fewer bookings for January and February will have a negative revenue impact of between $300 and $350 million in Q1 2023 for Southwest Airlines. This is the after-effect of the Christmas period when the US airline…
Wizz Air is fully focused on improving operational performance in its next financial year 2024, which starts on April 1. It wants to get utilization hours back to pre-pandemic levels and eliminate any cost disadvantages to get unit costs down,…
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