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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We are seeing conflicting trends in the number of traffic from two of Europe’s biggest low-cost airlines, Ryanair and Wizz Air. While the Central Eastern European carrier reports recovery of passenger numbers for December, its Irish competitor saw a decline to…
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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…
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…