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Strong bookings make easyJet positive for HY1 2023

Strong bookings make easyJet positive for HY1 2023

by Richard Schuurman | Jan 25, 2023 | Airlines | 0 comments

easyJet expects to significantly reduce its HY1 losses this financial year 2023, based on continued strong demand for tickets and package holidays. The low-cost airline benefitted from strong bookings in its first quarter (October-December), reducing the pre-tax...
ANA reports HY1 profit and announces strategy review

ANA reports HY1 profit and announces strategy review

by Richard Schuurman | Oct 31, 2022 | Airlines | 0 comments

All Nippon Airways (ANA) produced its first half-year profit in three years, benefitting from pent-up demand and the relaxation of travel restrictions in Japan and its key markets in Asia. Longer term, the airline wants to significantly improve profitability by...
BOC Aviation ends HY1 with $804 million write-off on Russia

BOC Aviation ends HY1 with $804 million write-off on Russia

by Richard Schuurman | Aug 18, 2022 | Aerospace | 0 comments

Lessor BOC Aviation has taken an $804 million write-off in its HY1 results on seventeen of its aircraft that are still in Russia. Because of the one-off impact, BOC ended the first six months with a net loss after tax of $-313 million. BOC Aviation ends HY1 with $804...
Turkish Airlines continues recovery with HY1 profit

Turkish Airlines continues recovery with HY1 profit

by Richard Schuurman | Aug 11, 2022 | Airlines | 0 comments

Turkish Airlines continued its recovery by producing another profitable quarter, turning last year’s HY1 net loss into a solid profit. The carrier reported a $737 million net profit for January-June compared to $-1 million in the same period last year. Turkish...
Cathay Pacific improves despite difficult HY1

Cathay Pacific improves despite difficult HY1

by Richard Schuurman | Aug 10, 2022 | Airlines | 0 comments

Actually, it is a kind of a miracle: despite severe travel restrictions into Hong Kong, Cathay Pacific has been able to improve its financial results in HY1 2022. The carrier reported an HK$-4.999 billion net loss compared to HK$-7.564 billion in the first six months...
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