UPDATE Oct 5 – In an update of its Chapter 11 restructuring and financial outlook, SAS Scandinavian Airlines says it expects to return to reach an operating profit in its financial year 2024 and become net-debt free in 2026. Revenues should return to pre-Covid...
Airbus has slightly revised upwards the projected number of aircraft deliveries for the next twenty years. Based on the continued recovery of air travel, the European airframer is expecting worldwide demand for commercial aircraft to grow to 39.490 aircraft by 2041,...
High fuel costs, inflation, new Covid variants, and political and economic uncertainties could be showstoppers, but Emirates expects to return to profitability in the current FY2022/2023. The Dubai-based airline reported its second net loss in a row for FY2021/2022,...
American Airlines is not as outspoken on its full-year guidance as United Airlines but is nevertheless positive that in the short-term, it will return to profitability during the second quarter, it said on April 21. The first quarter produced a $1.6 billion net loss,...
UPDATE – United Airlines is bullish about its future outlook and expects to return to full-year profitability again in 2022. It reported a $1.4 billion loss for Q1 on April 20, but Q2 is promising to produce a robust operating revenue. United expects full-year...
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