Thai Airways slipped back into a loss in 2022. While the airline benefitted from the recovery of passenger traffic and tourism, expenses were also higher. A gain on debt restructuring that contributed positively to the 2021 results was lacking last year,…
Norwegian ended 2022 with a loss-making fourth quarter, but overall the year has been profitable and demonstrated that the airline has recovered well from the Covid-years and the earlier restructuring. Bookings for 2023 are “encouraging” but remain close in, so…
The acquisition of the aircraft portfolio of SKY Fund I and the effects of the war in Ukraine dominated 2022 for aircraft lessor Dubai Aerospace Enterprise (DAE). While it grew its portfolio, a write-off on nineteen aircraft in Russia pushed DAE…
Southwest Airlines says its Q4 result will slip to a $-725 to $-825 million pre-tax loss, the result of the meltdown of the carrier’s operations between December 21 and December 31. “A significant portion of this impact is from an estimated…
The Airbus A321XLR is expected to enter service in the second quarter of 2024. This is slightly later than what the airframer said in May, when it announced a delay of the program to “early 2024”. Airbus mentioned the latest…
UPDATE – A $2.8 billion charge on fixed-price defense development programs had a significant impact on Boeing’s earnings and revenues, resulting in a $-3.308 billion consolidated net loss in Q3. But despite more aircraft deliveries and higher revenues, Commercial Airplanes…