Increased flight cancelations and fewer bookings for January and February will have a negative revenue impact of between $300 and $350 million in Q1 2023 for Southwest Airlines. This is the after-effect of the Christmas period when the US airline suffered a...
easyJet expects to significantly reduce its HY1 losses this financial year 2023, based on continued strong demand for tickets and package holidays. The low-cost airline benefitted from strong bookings in its first quarter (October-December), reducing the pre-tax...
Sanctions from the European Union, the US, and Canada over Ukraine have already severely curtailed Aeroflot’s international operations. Since Thursday, the airline is also banned from two global distribution networks (GDS). Banning Aeroflot from GDS hurts...
With the infectious Omicron variant present in more and more countries and spreading quickly, airlines are beginning to see the effects of this mutation on their business. A few airlines have announced a drastic reduction in capacity for the coming months, while...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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