Threat of disruption as Kenya Airways pilots press on with strike
Kenya Airways pilots press on with strike
Category Airlines
IndiGo’s 2Q22 results
IndiGo's 1Q22 results
Turkish Airlines Q3 results exceed those of 2019
Turkish Airlines reported a strong third quarter, in which capacity, the operating result, and net profit exceeded those of 2019. The airline produced these results despite “increasing geopolitical tensions and global inflationist pressure while facing unprecedented operational problems,” it said on…
Korean Air benefits from relaxation of travel restrictions
Korean Air’s revenues got a huge boost in Q3 from the removal of pre-arrival mandatory Covid testing in South Korea and the relaxation of other travel restrictions. Revenues grew by almost 65 percent to KRW 3.7 trillion, up from KRW…
High currency costs bit Wizz Air once again
A net foreign exchange loss of €269.2 million related to unhedged lease liabilities in US dollars is the main reason that Wizz Air’s half-year loss almost tripled. Despite other headwinds like high fuel costs, the ultra-low-cost airline produced a positive second…
China’s Big Three see deeper red in Q3
China Eastern, China Southern, and Air China all reported Q3 losses, the effect of China’s continued strict Covid policy that reduced air travel while at the same time expenses were rising. The carriers already reported losses for the first half…