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Insight: Year End Outlook and 2023 Predictions

Insight: Year End Outlook and 2023 Predictions

by Ernest Arvai | Dec 8, 2022 | Aerospace | 0 comments

The end of the year is nigh, and it is time to summarize where we are and where we are going as an industry. Here’s our viewpoint on the current situation and our forecast of where we are headed in 2023.Let’s start with the current situation, focusing on demand and...
Air New Zealand ups guidance as strong demand continues

Air New Zealand ups guidance as strong demand continues

by Richard Schuurman | Dec 8, 2022 | Airlines | 1 comment

Air New Zealand has upped its first half-year guidance, expecting higher earnings thanks to the continued strong demand on both its domestic and international network. A helping factor is a decline in fuel prices, the airline said in a trading update on December 8....
Q2 loss confirms SpiceJet’s fragile balance sheet

Q2 loss confirms SpiceJet’s fragile balance sheet

by Ashwini Phadnis | Nov 14, 2022 | Airlines | 0 comments

Delhi-based low-cost airline SpiceJet reported a net loss of Rs-8.378 million ($-103.1 million) or Rs-5.777 million ($-71.1 million) excluding foreign exchange adjustments for its second quarter ending September 30. This compares to a net loss of Rs-5.617 million...
Strong recovery to thrust Qantas to higher profit

Strong recovery to thrust Qantas to higher profit

by Richard Schuurman | Oct 13, 2022 | Airlines | 0 comments

Based on strong forward bookings for the next couple of months, Qantas expects to close HY1 of its FY23 with a better-than-anticipated result. The airline counts on a headline profit before tax of A$1.2 to $1.3 billion, it said on October 13 in a trading update....
IATA optimistic Christmas chaos will be averted

IATA optimistic Christmas chaos will be averted

by Richard Schuurman | Sep 7, 2022 | Airlines | 0 comments

IATA Director-General Willie Walsh is optimistic that air passengers won’t be confronted with widespread travel disruptions for the rest of 2022, specifically during the coming December travel peak. He thinks that airlines and airports have made steps to prevent the...
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