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easyJet significantly reduces losses for FY22

easyJet significantly reduces losses for FY22

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

easyJet will present its full-year results for FY22 only on November 29, but in a trading update released today, it anticipates to significantly reduce its year-on-year loss. The headline loss before tax is expected to be between £-170 and £-190 million, which...
Mitsubishi’s FY22 fortunes depend on Boeing

Mitsubishi’s FY22 fortunes depend on Boeing

by Richard Schuurman | May 12, 2022 | Aerospace, Mitsubishi | 0 comments

The results this year of the Aero Structures business of Mitsubishi Heavy Industries (MHI) will depend entirely on the production rates of the OEMs, in this case mainly Boeing. While order intake and revenues of the CRJ regional jet program are expected to grow...
easyjet reduces HY1 loss and sees recovery in HY2

easyjet reduces HY1 loss and sees recovery in HY2

by Richard Schuurman | Apr 12, 2022 | Airlines | 0 comments

On the back of a better than expected first half-year of its FY22, easyjet is predicting a headline loss before tax of £535-565 million. This is an improvement over last year. With strong forward bookings, capacity should be almost back to 2019 levels for this summer,...
Qantas sees some stabilization after difficult HY1

Qantas sees some stabilization after difficult HY1

by Richard Schuurman | Feb 24, 2022 | Airlines | 0 comments

The road to recovery has some way to go, but the situation around Covid seems to be stabilizing to offer Qantas the chance to recover strongly in the next few months. Domestic capacity should be back to 90-100 percent before the summer, and international capacity to...
Price stimulation continues to eat into Ryanair’s yields

Price stimulation continues to eat into Ryanair’s yields

by Richard Schuurman | Jan 31, 2022 | Airlines | 0 comments

Ryanair is being “wary and cautious” on new Covid-variants popping up in the next three to six months. Without them, the Irish carrier should have a strong end of its FY22 and start of FY23, which begins in April. Omicron has spoiled December, January, and part of...
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