Japan’s two big airlines All Nippon Airways (ANA) and Japan Airlines (JAL) both reported much-improved nine-month FY22 results. But where ANA is revising its financial guidance upwards, JAL is taking a more conservative approach to the final quarter. ANA and…
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,…
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,…
Air New Zealand has upped its first half-year guidance, expecting higher earnings thanks to the continued strong demand on both its domestic and international network. A helping factor is a decline in fuel prices, the airline said in a trading…
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…
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…