Increased flight cancelations and fewer bookings for January and February will have a negative revenue impact of between $300 and $350 million in Q1 2023 for Southwest Airlines. This is the after-effect of the Christmas period when the US airline…
UPDATE – Boeing produced a strong fourth quarter of 2022, reducing its net losses compared to the same period of the previous year. But the full-year consolidated loss was higher than in 2021, mainly to be blamed on the Q3 charge on…
Cathay Pacific expects a consolidated loss for FY22 of between HK$6.4 and HK$7.0 billion, which compares to HK$5.5 billion in FY21. It mainly attributes the deeper loss to the “significant losses” from associates that are recognized three months in arear,…
United Airlines reports a $737 million net profit for 2022, a significant improvement over the $-1.964 billion loss for 2021. The fourth quarter saw good margins but was impacted by storm Elliott. United Airlines: $737 million net profit in 2022.…
Delta Air Lines is very pleased with its 2022 result as it turned a $-940 million Q1 loss into a $1.318 billion full-year profit and made good progress in restoring the balance sheet. Forget the Covid years 2020 and 2021,…
The new agreement between Mesa Airlines and United Airlines extends for five years and will see the regional carrier deploy up to 38 Bombardier/Mitsubishi CRJ900s with United Express in the coming March. United will get a ten percent share in Mesa and…