UPDATE July 27 – Qatar Airways reported a lower net profit for the financial year 2022/2023 compared to the previous year. The net profit of QAR 4.4 billion compares to QAR 5.6 billion in FY21/22, which was the highest-ever result…
UPDATE – Boeing’s announcement that the first deliveries of the MAX 7 will only start in 2024 must have come too late for Southwest Airlines to include in its HY1 earnings release. The carrier still includes 31 deliveries of the…
Singapore Airlines continues to surprise itself with ever-higher quarterly results. After a sequence of very strong months that produced a record-high profit in FY2022-2023 , the carrier kicked off FY2023-2024 with another record in Q1. Demand is expected to remain…
South Africa-based regional carrier Airlink says it will focus its energies on growing the business, in the aftermath of a court decision this week, which further dimmed prospects for recovery of R890 million ($50.5 million) in ticket revenues, owed by former…
There are signs that the US air revenge travel surge has peaked. For example, this piece from the New York Times a month ago. Is there data to suggest this is happening? Delta’s Ed Bastain was caught by surprise at…
Strong leisure traffic helped Alaska Airlines to produce a solid Q2 net profit of $240 million, up 74 percent over the same period last year. High fares contributed to the result, but the airline is expecting them to drop in the…