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Despite challenges Mexico is back to 2019 levels

Despite challenges Mexico is back to 2019 levels

by Daniel Martínez Garbuno | Jun 27, 2022 | Airlines | 0 comments

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...
Embraer narrows Q1 loss despite lower revenues

Embraer narrows Q1 loss despite lower revenues

by Richard Schuurman | Apr 28, 2022 | Embraer | 0 comments

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...
Boeing takes $3.5 billion 787 charge and offers 777X Freighter

Boeing takes $3.5 billion 787 charge and offers 777X Freighter

by Richard Schuurman | Jan 26, 2022 | Boeing | 0 comments

UPDATE – Boeing has taken a pre-tax non-cash charge of $3.460 billion on the 787 program as deliveries remain suspended over quality issues. Abnormal costs for the Dreamliner increased by $285 million in Q4 and total approximately $2.0 billion, with most being...
Results Wizz Air under pressure despite strong Q2

Results Wizz Air under pressure despite strong Q2

by Richard Schuurman | Nov 4, 2021 | Airlines | 0 comments

Despite a €57 million second-quarter operating profit, results of Wizz Air remain under pressure. The ultra-low-cost airline expects current market conditions with low fares and yields to result in a third-quarter loss of around €200 million that will most likely...
IndiGo eyes future capacity growth despite quarterly loss

IndiGo eyes future capacity growth despite quarterly loss

by Firdaus Hashim | Oct 29, 2021 | Airlines, Indigo | 0 comments

IndiGo’s chief executive Rono Dutta is expecting his carrier to increase capacity by 40 percent for the coming quarter, even as the carrier reported a higher net loss for the quarter between July and September 2021. In an earning calls transcript released by the...
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