Tag labor costs

Air France KLM, Airlines, IAG

2023 Financial Recovery for BA/IAG and AF/KLM

British Airways, IAG Group, and Air France/KLM reported strong profits for 2023 as Europe’s aviation industry continues to rebound from the global pandemic. IAG had a solid fourth quarter and year, while AF/KLM had a 4th quarter loss but a…

Ernest Arvai
February 29, 2024

Airlines

Higher expenses hurt Alaska Airlines in Q1

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Higher revenues but even higher operating expenses hurt Alaska Airlines in the first quarter of 2023. The airline reported a Q1 net loss almost on par with that of 2022, but then revenues and costs were lower. Salary costs and…

Richard Schuurman
April 20, 2023