Saudi Arabia is becoming an ever-more important market for Wizz Air. The ultra-low-cost airline announced the launch of twenty new routes between Europe and Saudi Arabia from December to July next year on August 25. Wizz Air gets serious about…
The 15-day pilot strike in July has cost Scandinavian airline SAS some SEK 1.4 billion ($135 million). It erased most earnings from the higher demand and higher revenues that SAS saw in the third quarter (May-July) of FY22. The carrier continues…
The reinstatement in its financial results of previously excluded pre-delivery payments to Boeing for the MAX 8 has helped Norwegian to get a net profit in Q2 and HY1. Without it, the low-cost airline would have produced a net loss.…
Qantas CEO Alan Joyce isn’t the first to have used these words in the context of airline operations and profitability, but the financial year 2022 which closed on June 30 has been “extremely challenging” for the Australian airline group. Qantas…
Subscriber content – Sign in Subscribe
After the fiscal year 2022 with “ongoing twists and turns”, Air New Zealand expects to produce “a significant improvement” of its financial performance in FY23. But this will depend in large part on the impact of jet fuel prices, the…