UPDATE – Supply chain issues continued to pose challenges for Embraer in Q3, which resulted in fewer aircraft deliveries. Yet, the airframer expects to significantly ramp up deliveries in Q4 and reaffirms its delivery targets, thanks to increasing its...
Actually, it is a kind of a miracle: despite severe travel restrictions into Hong Kong, Cathay Pacific has been able to improve its financial results in HY1 2022. The carrier reported an HK$-4.999 billion net loss compared to HK$-7.564 billion in the first six months...
Notwithstanding “unprecedented challenges” faced by the air transportation system that forced it to reduce capacity in July and August, Air Canada plans for a further ramp-up of capacity in the third quarter. The carrier wants to grow capacity in available seat miles...
Lower deliveries of commercial and military aircraft partly compensated by higher revenues from services resulted in a lower Q2 net profit for Embraer. The Brazilian airframer reported a $74.2 million net profit attributable to shareholders compared to $87.9 million...
Mexico has all but recovered its pre-pandemic traffic levels in 2022. In the first six months of the year, the country has had 50.2 million passengers, growing compared to 2019 levels. The three leading Mexican carriers, Volaris, Aeromexico, and Viva Aerobus, have...
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