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JetBlue and Alaska Airlines positive about 2023

JetBlue and Alaska Airlines positive about 2023

by Richard Schuurman | Jan 26, 2023 | Airlines | 0 comments

Thursday saw two more FY22 earnings releases from US airlines: JetBlue and Alaska Airlines. JetBlue reported a full-year net loss of $-362 million, while Alaska’s profit was a small $58 million. What’s behind these numbers? JetBlue and Alaska Airlines positive about...
Strong bookings make easyJet positive for HY1 2023

Strong bookings make easyJet positive for HY1 2023

by Richard Schuurman | Jan 25, 2023 | Airlines | 0 comments

easyJet expects to significantly reduce its HY1 losses this financial year 2023, based on continued strong demand for tickets and package holidays. The low-cost airline benefitted from strong bookings in its first quarter (October-December), reducing the pre-tax...
Cathay Pacific bullish for 2023 despite higher FY22-loss

Cathay Pacific bullish for 2023 despite higher FY22-loss

by Richard Schuurman | Jan 21, 2023 | Airlines | 0 comments

Cathay Pacific expects a consolidated loss for FY22 of between HK$6.4 and HK$7.0 billion, which compares to HK$5.5 billion in FY21. It mainly attributes the deeper loss to the “significant losses” from associates that are recognized three months in arear, the Hong...
Delta eyes full recovery this summer on the back of strong 2022

Delta eyes full recovery this summer on the back of strong 2022

by Richard Schuurman | Jan 13, 2023 | Airlines | 0 comments

Delta Air Lines is very pleased with its 2022 result as it turned a $-940 million Q1 loss into a $1.318 billion full-year profit and made good progress in restoring the balance sheet. Forget the Covid years 2020 and 2021, said CEO Ed Bastian, 2022 was the most...
Uganda Airlines now looking at summer 2023 for launch of Heathrow flights

Uganda Airlines now looking at summer 2023 for launch of Heathrow flights

by Michael Wakabi | Jan 2, 2023 | Airlines | 0 comments

Flag carrier Uganda Airlines is working towards a summer launch for its long-delayed service to Heathrow, after being given the option to operate the flights through an intermediate airport.     The option to operate the flights through gateways in Algeria, Egypt,...
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