Vietjet Air posted an operating profit of VND 103 billion during the third quarter of 2021, reversing the VND 928 billion operating loss for the same quarter last year, as costs declined significantly at the Vietnamese low-cost carrier. The carrier’s…
SpiceJet reported a larger loss during the second quarter, as higher operating expenses took a toll on the Indian low-cost carrier. Operating loss for the quarter ended 30 September 2021 came in at Rs 5.62 billion, nearly five times the…
Austrian Airlines is taking severe cost-cutting measures from 2021 to assure it return to profitability. Between 700 and 800 staff will be made redundant as the airline needs to save EUR 90 million annually after having given a profit warning…
Bombardier’s CSeries beats the Airbus A318/A319, A319neo and Boeing 737-600/700 on cost per available seat mile, according to a new study issued this week by AirInsight. The CSeries also beats the competition on a plane-mile cost. The conclusions, reached by…