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…
CORRECTED – Lower deliveries of commercial and military aircraft partly compensated by higher revenues from services plus one-off costs associated with Eve Air Mobility resulted in a net loss for Embraer. The Brazilian airframer reported a restated $-146.4 million net…
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…
Like Air France-KLM , International Airlines Group (IAG) also returned to profitability in the second quarter, its first profit since Q4 2019. The parent airline group of British Airways and Iberia expects to end the full year at a profit,…
The Mexican aviation industry has recovered 99.3% of its pre-pandemic traffic levels. Between January and May 2022, the airlines operating domestic and international flights to and from Mexico carried 41.3 million passengers versus 41.5 million in the same period three…
UPDATE – Embraer narrowed its first-quarter loss compared to last year, reporting a $31.7 million net loss attributable to shareholders. This compares to $-89.7 million for the same period last year. However, the Brazilian airframer slipped back into a loss again…