Despite “solid momentum” and “a significant decrease of its adjusted operating loss” in Q4, Air Transat’s parent company Transat AT ended FY22 with a deeper net loss compared to the previous year. The Canadian group reported a loss of C$-445.3 million…
Delta Air Lines expects to significantly grow its revenues and earnings per share in 2023, based on strong growth and a full recovery to pre-pandemic levels. Solid free cash flow will help the airline to reduce its debt, it said…
The end of the year is nigh, and it is time to summarize where we are and where we are going as an industry. Here’s our viewpoint on the current situation and our forecast of where we are headed in…
The airline industry is expected to return to profitability again in 2023. Without unforeseen events, the world’s airlines will generate a profit of $4.7 billion, but IATA Director General refers to this profit level as ‘razor thin’, he said on December…
ITA Airways says it has confirmed all its commitments for new aircraft for 2023 and will induct thirty Airbus narrowbodies and nine Airbus A330-900s into the fleet next year. The Italian carrier will grow its seat capacity/available seat kilometers (ASK)…
American Airlines joins the other US Big Two by reporting record-high revenues in Q3, outpacing 2019 levels by thirteen percent despite a 9.6 percent lower capacity. It is even the highest quarterly revenue in the history of the airline. American…