Air Canada returned to profitability in the final quarter of 2022, producing its first profit since Q4 2019. Although the full year was still loss-making, the carrier more than halved its net loss. The airline is expecting a “solid demand environment in 2023”, to...
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 for the...
UPDATE – The US Federal Aviation Administration (FAA) has set design requirements for one of the unique features of the Airbus A321XLR: the Rear Center Tank (RCT). Reuters reports today that the FAA has formulated special conditions in an advisory circular as...
The Airbus A321XLR is expected to enter service in the second quarter of 2024. This is slightly later than what the airframer said in May, when it announced a delay of the program to “early 2024”. Airbus mentioned the latest date in its Q3 results, which were solid...
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 Airlines bullish...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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