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, despite operational issues...
Air France-KLM has turned the corner on two difficult Covid-years by producing a net profit for Q2. Although HY1 still produced a loss on the back of a weaker Q1, the airline group expects a “significantly positive” Q3 and a positive full-year result. This is despite...
Wizz Air’s policy not to hedge fuel costs has bitten it hard in the first quarter of FY23. While passenger numbers and revenues significantly increased, they were negated by the effects of higher fuel and operating costs. It pushed the ultra-low-cost carrier...
UPDATE – Numerous flight cancelations and other operational disruptions have cost easyJet £133 million extra in its third quarter of the financial year 2022, which runs from April to June. Labor shortages with the airline itself as well as operational issues at...
IATA is concerned that airlines in the US could face new disruptions and problems next year caused by 5G. A mandate to upgrade radio-altimeters to FAA-approved systems in July 2023 is prepared badly, which could result in problems identical to those in January at the...
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