Southwest cuts back capacity but boosts Boeing MAX order
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India allows lessors to take back assets – but not of GoFirst
Lufthansa builds back the transatlantic backbone
Air New Zealand back in the black after unique year
Air New Zealand has swung back into profitability after one of its most unique years, reporting a $412 million net profit for the financial year 2023 that ended in June. The carrier describes the year as “particularly unique” dominated by…
GTF issues force Wizz Air to cut back capacity
Wizz Air is reducing its summer capacity growth by five percent to 25 percent, citing “continued infrastructure and supply chain limitations that are facing the industry.” This has all to do with the accelerated inspections of the Pratt & Whitney…
Garuda Indonesia back in the red for HY1
Indonesia flag carrier Garuda Indonesia has slipped back into red numbers for the first six months of 2023. The carrier posted a $-109.6 million pre-tax operating loss compared to a $4.0 million profit last year. The net loss is $-76.4 million…