DGCA cuts back SpiceJet’s schedule
The DGCA cuts back SpiceJet's schedule.
Category Airlines
Soaring fuel costs and Dollar hurt unhedged Wizz Air
Wizz Air’s policy not to hedge fuel costs has bitten it hard in the first quarter of FY23. While passenger numbers and revenues significantly increased, they were negated by the effects of higher fuel and operating costs. It pushed the ultra-low-cost…
Category 2 Impact On Volaris
Last week, the Mexican ultra-low-cost carrier Volaris released the second quarter of 2022 financial results and had its earnings call transcript. During the call, the airline’s management addressed the Category 2 impact on Volaris. Mexico has been downgraded to Category…
India July 2022 update
India July 2022 update
Lufthansa cancels over 1.000 flights ahead of ground strike
A warning strike by the ground crew on Wednesday will have Lufthansa needing to cancel all its flights out of Frankfurt and Munich. The effects of the strike could even last until Thursday and Friday, the German airline warns, which quantifies…
Flight disruptions cost easyJet £133 million in Q3
UPDATE – Numerous flight cancelations and other operational disruptions have cost easyJet £133 million extra in its third quarter of the financial year 2022, which runs from April to June. Labor shortages with the airline itself as well as operational…