Air France-KLM benefitted from 42 percent higher revenues from more passengers and consequently reduced its net loss in Q1 to €-344 million. The outlook for the summer is good and the group’s finances look much better since it has redeemed all…
Higher revenues but even higher operating expenses hurt Alaska Airlines in the first quarter of 2023. The airline reported a Q1 net loss almost on par with that of 2022, but then revenues and costs were lower. Salary costs 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,…
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…
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…
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…