International Airlines Group (IAG) is expecting to return to profitability in the second quarter and produce operating results and operating cash flows that will be “significantly positive” for the rest of 2022. That will come after a loss-making first quarter…
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The third quarter has been an ‘inflection point’ for International Airlines Group (IAG). It has drastically reduced its operating loss by almost three quarters to €452 million and stopped burning cash. Its Spanish airlines performed best, with Iberia producing a…
Here’s the updated model. Subscribers have access to the eight-page detailed model. Views: 48
UPDATE – As probably the last airline to report is 2020-2021 results, Qatar Airways announced a QAR 14.855 billion loss for the most recent full financial year on September 27. While double that of the QAR 7.007 billion loss of…
British Airways (BA) has launched a new campaign to demonstrate it is serious about sustainability and the reduction of its carbon footprint. Called ‘BA Better World’, the program is mostly about promoting the use of sustainable aviation fuels (SAF) and not…