Africa remains the biggest revenue driver of three of the continent’s prominent carriers, Ethiopian Airlines, Kenya Airways, and South African Airways. Their revenues highlight the important role that various countries play in keeping the carriers afloat. Industry...
airBaltic almost halved its net loss in 2021 and, more importantly, produced a small positive EBITDAR again. This despite the very challenging year that was dominated by the Covid-crisis, it reported on April 14. The improvements reflect a revised business model...
Despite numerous uncertainties in the market, TAP Portugal is cautiously optimistic that positive demand for travel combined with the fruits of restructuring will steer the airline in the right direction again. TAP has started implementing the plan that was announced...
Pilatus reported an extremely successful year in 2021, overcoming numerous challenges, including supply chain disruptions and supply bottlenecks, which impacted the efficiency of work and resulted in higher costs. Nonetheless, Pilatus’s strong 2021 results...
In a year of deep restructuring and debt-shedding, Philippine Airlines has turned a loss into a solid in 2021. The carrier reported a Ps 60.6 billion net profit after tax, compared to a Ps 73.1 billion loss in the previous year, it reported on April 6. Philippine...
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