Air Arabia reported a record-high net profit for Q3. Notwithstanding the economic and geopolitical uncertainties, the carrier continued its strong form which was already evident in the first six months of 2022. Air Arabia Group almost doubles net profit in Q3.…
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Korean Air’s revenues got a huge boost in Q3 from the removal of pre-arrival mandatory Covid testing in South Korea and the relaxation of other travel restrictions. Revenues grew by almost 65 percent to KRW 3.7 trillion, up from KRW…
A net foreign exchange loss of €269.2 million related to unhedged lease liabilities in US dollars is the main reason that Wizz Air’s half-year loss almost tripled. Despite other headwinds like high fuel costs, the ultra-low-cost airline produced a positive second…
Air Canada bounces back
In what usually is its strongest quarter, Air France-KLM’s Q3 results outperformed those of 2019. This mirrors the situation of Lufthansa Group on Thursday. Long-haul and cargo have been very strong, but short-haul is still a bit behind. Air France-KLM also back…