Icelandair plans to return to profitability this year as it grows back its network to eighty percent of 2019 levels, it said today during its 2021 results presentation. The final quarter ended at a loss, but EBIT was still at…
It took a little longer than expected, but finally, we have Mexico’s full 2021 traffic results. The country closed the year with over 80 million passengers, both domestically and internationally. Mexico had, arguably, the best traffic recovery in 2021, almost…
Stronger international and domestic business environments and continued high demand for cargo have helped Japan Airlines (JAL) to improve its results, it reported on February 2. Japan Airlines improves 9M results but lags behind ANA. JAL reported a nine-month-loss of…
Despite continued travel restrictions within the Asia Pacific region, Korean Air has returned to profit in 2021. The carrier benefitted in particular from strong cargo revenues, which increased by almost sixty percent year-on-year, it reported in January 27. Operating profits were…
Alaska Airlines is risking losing more pilots if it doesn’t successfully and quickly complete negotiations with pilots union ALPA. Negotiations over additional benefits have reached an impasse since starting in October. The Seattle Times quotes ALPA that it is seeing “a…
2022 will be a “transitional year” for US low-cost carrier JetBlue. It plans to pull “meaningful levers” to restore its earnings and improve on costs after reporting a $182 million net loss for 2021, including a $129 million loss in…