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IndiGo reports record revenues in Q3 FY23

IndiGo reports record revenues in Q3 FY23

by Ashwini Phadnis | Feb 3, 2023 | Airlines | 0 comments

Delhi-based low-cost airline IndiGo has reported a net profit of Rs 14.2 billion for the quarter that ended December 31, 2022, as compared to a net profit of Rs 1.29 billion in the same quarter previously, the airline informed the stock exchange today. The airline’s...
Qantas upbeat about even higher pre-tax profit

Qantas upbeat about even higher pre-tax profit

by Richard Schuurman | Nov 23, 2022 | Airlines | 0 comments

Qantas continues to update its HY1 guidance but in a positive way. As demand continues to soar, the Australian carrier expects to close its first six months of FY23 with an underlying profit before tax of between A$1.35 billion and A$1.45 billion, it said on November...
Ryanair’s FY23 guidance depends on Covid and Boeing

Ryanair’s FY23 guidance depends on Covid and Boeing

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

Ryanair is buoyant that its total number of passengers carried in FY23 will reach a record-high 168 million and net profit reach between €1.0 and €1.2 billion. The airline expects to build on a strong HY1, although it takes a cautious eye to what happens with Covid...
FY23 can only get better for Air New Zealand

FY23 can only get better for Air New Zealand

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

After the fiscal year 2022 with “ongoing twists and turns”, Air New Zealand expects to produce “a significant improvement” of its financial performance in FY23. But this will depend in large part on the impact of jet fuel prices, the risk of a global...
Disruption effects are key to FY23 results of Wizz Air

Disruption effects are key to FY23 results of Wizz Air

by Richard Schuurman | Jun 8, 2022 | Airlines | 0 comments

Continued high fuel costs, operational disruptions at airports, air traffic management issues, and the resulting compensation to customers are expected to push Wizz Air into a first-quarter FY23 operating loss this summer. The ultra-low-cost carrier is particularly...

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