IndiGo reports net loss for the quarter ended June
IndiGo reports net loss for the quarter ended June
Tag loss
Spirit AeroSystems: higher deliveries but also higher net loss
UPDATE – Doubling the number of 737/MAX deliveries to Boeing helped Spirit AeroSystems to push revenues up by 26-28 percent in Q2 and HY1 respectively. The Tier 1 supplier is expecting a slower increase in production rates for the coming…
Japan Airlines targets full-year profit after loss-making Q1
In contrast to ANA , Japan Airlines has remained loss-making in Q1 of FY22. The carrier benefited from the same improved operating environment as its competitor but ended the June quarter with a ¥19.560 billion net loss attributable to shareholders.…
SriLankan ends first four months at a loss
Sri Lanka’s official carrier, SriLankan Airlines, has posted huge losses of Rs 248 billion during the first four months of 2022, media reported on July 13. A US dollar is worth almost Sri Lankan Rs 360 so the loss stands…
Norwegian ends weak Q1 with net loss but bullish on the summer
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…
Volaris begins 2022 with a net loss
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…