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Spirit reduces losses thanks to strong revenues

Spirit reduces losses thanks to strong revenues

by Richard Schuurman | Aug 9, 2022 | Airlines | 0 comments

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...
Despite Demand Recovery, Volaris, Viva Aerobus, and Aeromexico Post Net Losses

Despite Demand Recovery, Volaris, Viva Aerobus, and Aeromexico Post Net Losses

by Daniel Martínez Garbuno | Aug 1, 2022 | Airlines | 0 comments

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...
Boeing reduces Commercial Airplanes losses thanks to MAX

Boeing reduces Commercial Airplanes losses thanks to MAX

by Richard Schuurman | Jul 27, 2022 | Boeing | 0 comments

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...
IATA predicts further reduction of airline losses to 9.7 billion

IATA predicts further reduction of airline losses to 9.7 billion

by Richard Schuurman | Jun 20, 2022 | Aerospace, Airlines | 0 comments

Thanks to the recovery of air travel, the airline industry will likely be able to reduce its losses this year to $9.7 billion. This is an improvement over the previous forecast of a $-11.6 billion loss from October and includes the effects of inflation, the...
Singapore Airlines reduces losses thanks to VTL recovery

Singapore Airlines reduces losses thanks to VTL recovery

by Richard Schuurman | May 18, 2022 | Airlines | 0 comments

Singapore Airlines significantly reduced its losses last year, thanks to the reopening of borders in key markets and the resultant recovery in demand. Forward bookings for this summer are almost back to 2019 levels but high fuel prices and inflation are a concern, the...
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