easyJet will present its full-year results for FY22 only on November 29, but in a trading update released today, it anticipates to significantly reduce its year-on-year loss. The headline loss before tax is expected to be between £-170 and £-190 million, which...
China’s Big Three airlines Air China, China Southern, and China Eastern all suffered higher losses in the first six months of 2022. They are the direct consequence of the zero-tolerance Covid-policy that resulted in continued lockdowns in multiple cities across China...
Robust demand for travel pushed revenues up for Spirit Airlines and helped it reduce losses in Q2. This despite serious operational issues early in the quarter, but these problems seem to have been adequately addressed and services are running reliably right now, the...
Mexico has all but recovered its pre-pandemic traffic levels in 2022. In the first six months of the year, the country has had 50.2 million passengers, growing compared to 2019 levels. The three leading Mexican carriers, Volaris, Aeromexico, and Viva Aerobus, have...
UPDATE – Despite improving its margins, Boeing Commercial Airplanes continues to be loss-making in HY1 and Q2. Revenues were higher thanks to more MAX deliveries, but the continued delivery pause of the 787 continues to affect income and cash flow. Boeing...
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