SAS continues to write red numbers, reporting higher operating and net losses for both Q2 and HY1 of the financial year 2023 today. Only revenues and the earnings before tax show an improvement, but the Scandinavian airline remains in a difficult financial position...
Unforeseen economic headwinds apart, easyJet is pretty optimistic that its full-year pre-tax headline result will exceed £260 million this financial year 2023 compared to a £-178 million loss in FY22. The European airline is bullish after seeing strong forward...
It’s not just happy faces Down Under at Air New Zealand, but at Qantas too. The Australian carrier also returned to profitability in HY1 of FY23, reporting an underlying profit before tax of $1.428 billion versus a $-1.277 billion loss in the same period of FY22. CEO...
Air New Zealand delivered its first profit since the start of the pandemic, reporting a $299 million pre-tax profit for the first six months of FY23. The airline says that its recovery is “well underway”, which bodes well for HY2. The positive results were already...
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 update on December 8....
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