Wizz Air is fully focused on improving operational performance in its next financial year 2024, which starts on April 1. It wants to get utilization hours back to pre-pandemic levels and eliminate any cost disadvantages to get unit costs down,…
Delta Air Lines is very pleased with its 2022 result as it turned a $-940 million Q1 loss into a $1.318 billion full-year profit and made good progress in restoring the balance sheet. Forget the Covid years 2020 and 2021,…
The airline industry is expected to return to profitability again in 2023. Without unforeseen events, the world’s airlines will generate a profit of $4.7 billion, but IATA Director General refers to this profit level as ‘razor thin’, he said on December…
Malaysian low-cost airline AirAsia X expects to return its network to pre-pandemic levels in early 2023. The carrier will announce a number of new routes soon and plans to grow its active fleet from six Airbus A330s now to thirteen in…
Boeing intends to significantly ramp up the production rates of all its commercial aircraft projects in 2025-2026 and intends to strengthen its financial position. Boeing shared its plans today during its Investors Conference in Renton. Boeing wants to get back…