Despite a €57 million second-quarter operating profit, results of Wizz Air remain under pressure. The ultra-low-cost airline expects current market conditions with low fares and yields to result in a third-quarter loss of around €200 million that will most likely extend…
While its third-quarter net loss of $640 million isn’t looking much better than that of 2020, Air Canada is definitely back in recovery mode, it said on November 2. This is translated into favorable revenues and traffic trends as Canada re-opened…
Major state-owned Chinese carriers Air China, China Eastern Airlines, and China Southern Airlines all posted losses during the third quarter ended on 30 September, with the impact of COVID-19 taking a toll for the period when the summer travel season…
After a severe lockdown that brought the Canadian travel industry to its knees, it appears a recovery is underway. August and September saw good traffic bounces, albeit from shocking lows. July was +138% over June and August was +62% from…
We track the daily TSA numbers and combine this with flight data from FlightRadar24 to build the model below.
Air France-KLM is getting back to profitability, thanks to what it describes as “a good summer season.” In Q3, the carrier recorded its first operating profit since the start of the Covid-crisis at €72 million, although the net result was…