January 2023 transactions
January 2023 transactions
Tag 2023
JetBlue and Alaska Airlines positive about 2023
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
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 headline loss to £-133…
Cathay Pacific bullish for 2023 despite higher FY22-loss
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,…
Delta eyes full recovery this summer on the back of strong 2022
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,…
Uganda Airlines now looking at summer 2023 for launch of Heathrow flights
Uganda Airlines now looking at summer 2023 for launch of Heathrow flights