Macroeconomic uncertainties and headwinds are to blame as to why Virgin Atlantic expects to return to profitability not this year but only in 2024. The economic situation in its home market in the UK will be worse than expected, notwithstanding that demand for air...
Japan Airlines (JAL) is to reintroduce its own full freighter fleet, introducing three converted Boeing 767-300ERs in the final quarter of the financial year 2023 (January-March 2024). The airline says it wants to capture stable demand on the cargo, e-commerce, and...
All Nippon Airways (ANA) returned to profitability in 2022, reporting its first black numbers since the pandemic started in 2020. The ¥89.4 billion net profit for the financial year 2022 follows a strong recovery of the Japanese airline, which is set to continue as...
Malaysia Airlines Group (MAG) and Malaysia Airlines Berhad (MAB) reported their best Q4 results in the past two decades and significantly reduced the full-year net loss year on year. The airline is optimistic for this year, especially as China and North Asia are...
Royal Jordanian wants to grow its widebody fleet with three leased Boeing 787-9s while it continues negotiations with Boeing on the purchase of more aircraft. The carrier shared the fleet plans in its 2022 annual report that was published recently. In the report,...
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