Thanks to strong forward bookings for the summer and pent-up demand, Norwegian is optimistic to leave a weak first quarter behind it. The airline reported a NOK -1.033 billion net loss in the first three months of 2022, blaming it on low seasonal traffic, Omicron, and...
The Mexican ultra-low-cost carrier Volaris began 2022 with a net loss of US$49 million due to the impact of the rising fuel prices and Mexico’s low season in January and February. Let’s take a look at Volaris’ financial results to start the year. In the first quarter...
UPDATE – Embraer narrowed its first-quarter loss compared to last year, reporting a $31.7 million net loss attributable to shareholders. This compares to $-89.7 million for the same period last year. However, the Brazilian airframer slipped back into a loss...
Air Canada reported improved Q1 results on April 26, building on a strong recovery in March after the Omicron dip in the first two months. The airline reduced the operating loss to CS$550 million from CS$1.049 billion. Air Canada reduces Q1 loss and buys more...
airBaltic almost halved its net loss in 2021 and, more importantly, produced a small positive EBITDAR again. This despite the very challenging year that was dominated by the Covid-crisis, it reported on April 14. The improvements reflect a revised business model...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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