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Tag HY1

Garuda Indonesia back in the red for HY1

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Indonesia flag carrier Garuda Indonesia has slipped back into red numbers for the first six months of 2023. The carrier posted a $-109.6 million pre-tax operating loss compared to a $4.0 million profit last year. The net loss is $-76.4 million…

Record-result Iberia benefits IAG HY1 profits

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Strong results at Iberia and British Airways have helped to boost International Airlines Group’s (IAG) operating profit of €1.3 billion euros in HY1. Traffic on routes to North and South America was particularly strong and should have fully recovered to pre-pandemic…