Icelandair is pleased with the change of fortunes it experienced in 2022, which contributed to a drastic reduction in losses. The airline is bullish about 2023 as it sees a very strong recovery of capacity to Iceland this summer and strong bookings to North America....
Iceland’s newest airline, Play, thinks that it has turned the corner on its worst losses and will produce an operating profit later this year. This is all thanks to reaching certain economies of scale in its fleet, network, and operations that will translate into...
Icelandair is preparing for a strong summer that should accumulate net profits for the second and third quarters, but the outlook after that remains uncertain. Therefore, the carrier isn’t offering full-year guidance, it said on April 29 in its Q1 earnings...
Yesterday’s news about another wave of US airline consolidation got us to think about what the patterns look like. Here is a model starting in the year 2000 through the most recent 2021 data (July). The model confirms that the ULCCs are growing across the...
The US airline industry is in the midst of a significant fleet update – the pandemic was too good a crisis to waste. The shock to the industry may have caused chaos but fleet planners had a chance to hit the reset button. The industry is not likely to look the...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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