Despite an “extremely challenging” start to 2022, Cathay Pacific is “resolutely committed” to protecting its position as a leading airline at its Hong Kong hub. “We have absolute confidence in the long-term future of Hong Kong. Everything we do at Cathay Pacific is in...
Robust advanced tickets sales and the return to a small positive EBITDA for the first time in seven quarters give Air Canada reason for optimism that it is heading in the right direction for recovery. The airline said the same in November but Omicron delayed this. On...
Ryanair benefitted from a strong Q2 to record a €225 million profit compared to a €225.5 million loss last year. However, its half-year result produced a €47.6 million loss. The airline’s results remain under pressure as yields are low and the low-cost carrier...
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