It’s still very early days, but by reporting improved first-quarter results, TAP Air Portugal has taken another step to become more attractive to potential investors when it will be privatized in the future. TAP reduced its Q1 net loss to €-57.4 million as it...
Despite reporting a NOK-992.8 million net loss, Norwegian Air is actually quite pleased with how it weathered the first quarter of 2023. While the operating loss was higher than in Q1 2022, the airline demonstrated that it is no far more robust than before its...
Macroeconomic uncertainties and headwinds are to blame as to why Virgin Atlantic expects to return to profitability not this year but only in 2024. The economic situation in its home market in the UK will be worse than expected, notwithstanding that demand for air...
Embraer says it is running sales campaigns for some 200 commercial aircraft and is optimistic that it will conclude agreements for most of them. The Brazilian airframer has active negotiations with potential customers around the world, President and CEO Francisco...
Spirit Airlines reduced its Q1 loss to $-103.9 million from $-194.7 million amidst various operating challenges. These included weather and aircraft shortages exacerbated by staffing shortages at air traffic control in Florida and Las Vegas. Spirit Airlines reduces Q1...
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