UPDATE – Delhi-based low-cost airline IndiGo has reported a profit of Rs 8 billion excluding foreign exchange loss for its Q2 that ended in September. If the foreign exchange loss is included the net profit for the quarter ended stands…
JetBlue’s 2023 is taking a drastic turn for the worse, with the US airline guiding significantly lower earnings per share (EPS) compared to earlier this year. While Q2 and HY1 produced strong results, the dark clouds hung over HY2. They…
Air France-KLM looks back on a strong second quarter, with double-digit growth in revenues and a profit margin reaching ten percent again. Air France fared better than KLM, while leisure subsidiaries Transavia produced an HY1 net loss due to serious…
Macroeconomic uncertainties and headwinds are to blame as to why Virgin Atlantic expects to return to profitability not this year but only in 2024. The economic situation in its home market in the UK will be worse than expected, notwithstanding…
UPDATE – United Airlines expects that the strong recovery of air travel will overcome inflationary pressures to produce a very good final quarter of 2022, with the adjusted operating margin beating that of 2019 for the first time since the…
High fuel costs, inflation, new Covid variants, and political and economic uncertainties could be showstoppers, but Emirates expects to return to profitability in the current FY2022 The Dubai-based airline reported its second net loss in a row for FY2021/2022, with an…