IndiGo reported a net profit of Rs 29.98 billion for the quarter ended December 31, 2023 as against a net profit of Rs 14.22 billion during the same period previously. The airline said that excluding foreign exchange loss, the profit…
The conflict in Israel and Gaza is having a near-term impact on easyJet’s current first quarter of FY24. With flights to Israel and Jordan suspended and demand to Egypt slightly lower, easyJet doesn’t expect its current Q1 loss to improve despite…
Despite a number of headwinds, Ryanair is expecting this financial year 2024 to end with a profit after tax of between €1.85 and €2.05 billion, up from €1.43 billion reported over FY23. While forward bookings look good and fares are up…
Ryanair expects that aircraft delivery delays will affect the number of passengers carried for the full financial year 2024 by 1.5 million compared to the original target. The airline counts on carrying 183.5 million passengers in FY24 now compared to…
Wizz Air expects to return to profitability in the current financial year 2024 and reach pre-pandemic levels, having reported a slightly lower net loss for FY23. The Hungarian low-cost airline’s FY24 target “will be driven by low cost, operational excellence,…
Ryanair hopes to grow passenger numbers in Financial Year 2024 by ten percent to around 185 million, up from 168.6 million in FY23. But this will largely depend on new Boeing MAX 8200 deliveries being on time for the peak…