easyJet trimmed its losses in the first half of its fiscal year and reported a positive outlook for the remainder of the year, with strong summer bookings. Revenues for the six months to March 31st rose to £3.27 billion, up…
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Arabian full-service carrier Oman Air has announced a comprehensive restructuring plan that will take up to three to four years to complete. The restructuring is done “in the interest of financial sustainability and operational continuity”, the airline said on August 8.…
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SAS continues to write red numbers, reporting higher operating and net losses for both Q2 and HY1 of the financial year 2023 today. Only revenues and the earnings before tax show an improvement, but the Scandinavian airline remains in a…