UPDATE – Embraer reported a higher pre-tax operating profit and turned a net loss into a net profit for the full year 2022, thanks to a strong fourth quarter. All business units contributed positively to the results, but Commercial Aviation performed best. Yet,...
The profitability of turboprop maker ATR continues to improve year-on-year. Although it still ended with an operating loss of €-4.0 million in the first nine months, this is significantly better than €-25 million in the same period of 2021. The results are included in...
On the back of a strong second quarter, TAP Portugal reported improved results and reduced losses for the quarter and first six months. But the airline is still in restructuring and needs state support, although it is considering refinancing its debts, it said on...
Higher revenues from passengers and cargo helped Thai Airways to significantly lower its second-quarter loss from last year. It also produced its first positive EBITDA since it operated under the Rehabilitation Plan that was implemented a year ago. Reopening of...
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...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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