Etihad Airways has reduced its core operating half-year loss by half to $0.4 billion. The airline even posted a small positive EBITDA of $0.1 million, but is still suffering from low demand across its network, it reported on August 10.…
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UPDATE ALC – A dispute with Airbus over a quality issue on Qatar Airways A350s has entered a new stage. On explicit instruction of the Qatar regulators, the carrier has grounded thirteen A350s. CEO Akbar Al Baker wants Airbus to step…
Lufthansa reports a slight improvement in its financial and operational results in the second quarter of this year. Thanks to strong forward bookings, it produced a positive free cash flow of €340 million, the first time since the start of…
A combination of strong results, a progressive recovery of air travel, and the benefits of strict cost reduction programs have helped Rolls-Royce to report its first net profit since 2019. The UK-based engine and power systems maker reported a £147…