Did Avianca Lose After Cancelling The Viva Merger?
Buy article
Category Airlines
Take over of South African Airways gets a step closer
UPDATE May 15 – The acquisition of South African Airways (SAA) by Takatso Aviation Proprietary Ltd seemed to be a step closer late last week after the Competition Commission announced that two shareholders would divest their interest in Takatso. The…
TAP Air Portugal’s Q1 lays the foundations for privatization
It’s still very early days, but by reporting improved first-quarter results, TAP Air Portugal has taken another step to become more attractive to potential investors when it will be privatized in the future. TAP reduced its Q1 net loss to €-57.4…
Thai Airways continues restructuring on the back of a positive Q1
Thai Airways joined the ranks of most airlines that reported a strong first quarter of 2023. For Thai, things could only get better as it had to operate under severe travel restrictions in Asia last year, restrictions that have now…
Air Canada’s Q1 exceeds its own expectations
Happy faces not just in Norway today, but also in Canada, where Air Canada reported “an impressive first quarter”, to quote CEO Michael Rousseau. The airline produced a tiny net profit but succeeded in turning around a big loss last year,…
Norwegian pleased with the outcome of Q1
Despite reporting a NOK-992.8 million net loss, Norwegian Air is actually quite pleased with how it weathered the first quarter of 2023. While the operating loss was higher than in Q1 2022, the airline demonstrated that it is no far more…