Air Arabia and its subsidiaries produced a strong first six months of 2022, reporting a net profit and revenues that were tenfold those of the same period last year. Geopolitical issues and higher fuel costs had their effect, but the…
Actually, it is a kind of a miracle: despite severe travel restrictions into Hong Kong, Cathay Pacific has been able to improve its financial results in HY1 2022. The carrier reported an HK$-4.999 billion net loss compared to HK$-7.564 billion in…
Mitsubishi Heavy Industries (MHI) delivered just twelve 777, 777X, and 787 shipsets to Boeing in the first quarter of its financial year 2022, which ended in June. This compares to 21 shipsets in the same period last year. The lower…
Robust demand for travel pushed revenues up for Spirit Airlines and helped it reduce losses in Q2. This despite serious operational issues early in the quarter, but these problems seem to have been adequately addressed and services are running reliably right…
Vertical Aerospace has completed final assembly of the first full-scale prototype of the VX4 eVTOL. The vehicle will now start its multi-month flight test program, CEO Stephen Fitzpatrick said on August 8 in its HY1 2022 results release. Vertical prepares first…
Notwithstanding “unprecedented challenges” faced by the air transportation system that forced it to reduce capacity in July and August, Air Canada plans for a further ramp-up of capacity in the third quarter. The carrier wants to grow capacity in available seat…