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Qatar Airways returns to profitability after four years

Qatar Airways returns to profitability after four years

by Richard Schuurman | Jun 16, 2022 | Aerospace | 0 comments

Qatar Airways returned to profitability for the first time since 2017 and reported its highest-ever profit for FY21/22 at QAR 5.6 billion ($1.54 billion). According to the airline, this is 200 percent above its highest historical profit in 2016 and comes in a year...
SpiceJet MAX turns back after in-flight engine shutdown

SpiceJet MAX turns back after in-flight engine shutdown

by Ashwini Phadnis | May 4, 2022 | Airlines, Boeing | 0 comments

Delhi headquartered low-cost airline SpiceJet’s Boeing 737 MAX 8 had to be turned around and return to the southern Indian city of Chennai a short while after take-off on May 3. The flight was going to Durgapur in the eastern state of West Bengal. “The aircraft...
Icelandair bullish on strong summer but cautious after that

Icelandair bullish on strong summer but cautious after that

by Richard Schuurman | Apr 30, 2022 | Airlines | 0 comments

Icelandair is preparing for a strong summer that should accumulate net profits for the second and third quarters, but the outlook after that remains uncertain. Therefore, the carrier isn’t offering full-year guidance, it said on April 29 in its Q1 earnings...
Philippine Airlines returns to profit after restructuring

Philippine Airlines returns to profit after restructuring

by Richard Schuurman | Apr 7, 2022 | Airlines | 0 comments

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...
Virgin Atlantic only looks ahead after very difficult 2021

Virgin Atlantic only looks ahead after very difficult 2021

by Richard Schuurman | Apr 5, 2022 | Airlines | 0 comments

Virgin Atlantic looks back on 2021 as a year that was even more challenging than the first year of Covid. “Persistent volatility in international travel, fueled by ever-changing restrictions and testing requirements, resulted in significant losses and a decline in...
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