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Ryanair’s FY23 guidance depends on Covid and Boeing

Ryanair’s FY23 guidance depends on Covid and Boeing

by Richard Schuurman | Nov 7, 2022 | Airlines | 0 comments

Ryanair is buoyant that its total number of passengers carried in FY23 will reach a record-high 168 million and net profit reach between €1.0 and €1.2 billion. The airline expects to build on a strong HY1, although it takes a cautious eye to what happens with Covid...
Supply chain, labor and inflation cause headaches for engine makers

Supply chain, labor and inflation cause headaches for engine makers

by Richard Schuurman | Oct 26, 2022 | Aerospace, General Category, Pratt & Whitney | 0 comments

Engine makers Pratt & Whitney and General Electric continue to suffer from supply chain and labor issues. Although there seem to be some stabilization and engine deliveries were higher in Q3 than in previous quarters, both OEMs are confronted with the same issues...
Strong recovery to thrust Qantas to higher profit

Strong recovery to thrust Qantas to higher profit

by Richard Schuurman | Oct 13, 2022 | Airlines | 0 comments

Based on strong forward bookings for the next couple of months, Qantas expects to close HY1 of its FY23 with a better-than-anticipated result. The airline counts on a headline profit before tax of A$1.2 to $1.3 billion, it said on October 13 in a trading update....
IATA optimistic Christmas chaos will be averted

IATA optimistic Christmas chaos will be averted

by Richard Schuurman | Sep 7, 2022 | Airlines | 0 comments

IATA Director-General Willie Walsh is optimistic that air passengers won’t be confronted with widespread travel disruptions for the rest of 2022, specifically during the coming December travel peak. He thinks that airlines and airports have made steps to prevent the...
IATA predicts further reduction of airline losses to 9.7 billion

IATA predicts further reduction of airline losses to 9.7 billion

by Richard Schuurman | Jun 20, 2022 | Aerospace, Airlines | 0 comments

Thanks to the recovery of air travel, the airline industry will likely be able to reduce its losses this year to $9.7 billion. This is an improvement over the previous forecast of a $-11.6 billion loss from October and includes the effects of inflation, the...
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