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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...
Higher flying hours benefit cash position Rolls-Royce

Higher flying hours benefit cash position Rolls-Royce

by Richard Schuurman | Nov 3, 2022 | Aerospace, Rolls-Royce | 0 comments

Large engine flying hours of Rolls-Royce turbo engines have further increased to 65 percent of 2019 levels in the third quarter, up from sixty percent by the end of June. They are now on average at 62 percent for the year to date and are up by 36 percent from last...
Boeing wants to get back to 800 deliveries and higher rates in 2025-2026

Boeing wants to get back to 800 deliveries and higher rates in 2025-2026

by Richard Schuurman | Nov 2, 2022 | Boeing | 0 comments

Boeing intends to significantly ramp up the production rates of all its commercial aircraft projects in 2025-2026 and intends to strengthen its financial position. Boeing shared its plans today during its Investors Conference in Renton. Boeing wants to get back to 800...
Strong recovery to thrust Qantas to higher profit

Strong recovery to thrust Qantas to higher profit

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

Based on strong forward bookings for the next couple of months, Qantas expects to close HY1 of its FY23 with a better-than-anticipated result. The airline counts on a headline profit before tax of A$1.2 to $1.3 billion, it said on October 13 in a trading update....
SAS strike erases most earnings from higher demand

SAS strike erases most earnings from higher demand

by Richard Schuurman | Aug 26, 2022 | Airlines | 0 comments

The 15-day pilot strike in July has cost Scandinavian airline SAS some SEK 1.4 billion ($135 million). It erased most earnings from the higher demand and higher revenues that SAS saw in the third quarter (May-July) of FY22. The carrier continues to operate as normal,...
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