TAP Air Portugal returned to profitability for the first time since 2017, ending 2022 with a strong fourth quarter and the full year with a small profit. The airline is seeing the first positive effects of the transformation plan but warns of headwinds and challenges...
airBaltic will induct four Airbus A320ceo’s into its fleet this summer season to make sure it has adequate capacity for its own operations and for those of other customers that wet-lease the airline’s own A220-300s. The carrier will wet-lease-in the four A320s from...
Ethiopian Airlines has converted options for four Airbus A350-900s into the larger -1000, Airbus has announced today. Ethiopian Airlines converts four A350-900s into -1000s. The African carrier currently operates eighteen -900s, of which two are leased from AerCap and...
Sri Lanka’s official carrier, SriLankan Airlines, has posted huge losses of Rs 248 billion during the first four months of 2022, media reported on July 13. A US dollar is worth almost Sri Lankan Rs 360 so the loss stands $790.000. It was not immediately clear if this...
Qatar Airways returned to profitability for the first time since 2017 and reported its highest-ever profit for FY21/22 at QAR 5.6 billion ($1.54 billion). According to the airline, this is 200 percent above its highest historical profit in 2016 and comes in a year...
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