Delhi-based low-cost airline IndiGo has posted a net profit of Rs 27.3 billion for the quarter that ended June 2024. The airline says that excluding foreign exchange loss, the profit amounted to Rs 27.86 billion, compared to Rs 29.74 billion…
Boeing has changed its outlook and expectations for 2024. CFO Brian West has walked back prior projections of a recovery in the second quarter and positive cash flow in the second half, as the reality now looks quite different. Boeing’s…
Delhi-based low-cost airline IndiGo reported it more than doubled its net profit to Rs18.94 billion for the quarter ended March 31 this year, compared to a net profit of Rs 9.19 billion previously. The airline said that in the last…
American Airlines Group, Inc. reported its first quarter 2024 financial results today with a net loss of $312 million, or ($0.48) per share. First-quarter revenues set a record for the carrier at $12.57 billion, up 3.1% year-over-year, and the company…
JetBlue reported a new loss of $716 million in the first quarter of 2024, compared to a loss of $192 million in 2023. Passenger revenues were down 5.8% at $2.05 billion compared with $2.18 billion in 2023. Operating revenues decreased…
For 2023, TAP recorded its highest net income, generating a profit of €177.3 million, an increase of €111.7 million over the previous year. Operating Revenues in 2023 reached the highest value ever in the Group’s history, surpassing the €4 billion…