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India’s Go First Airways plans a $464 million IPO in July

India’s Go First Airways plans a $464 million IPO in July

by Ajay Awtaney | May 20, 2022 | Airlines | 0 comments

India’s Go First Airways (previously GoAir) is finally planning to list on the stock exchange through an initial public offering (IPO) in July, as air travel recovers from the pandemic. Go First Airways had earlier filed their offer document with the stock...
Norwegian ends weak Q1 with net loss but bullish on the summer

Norwegian ends weak Q1 with net loss but bullish on the summer

by Richard Schuurman | May 13, 2022 | Airlines | 0 comments

Thanks to strong forward bookings for the summer and pent-up demand, Norwegian is optimistic to leave a weak first quarter behind it. The airline reported a NOK -1.033 billion net loss in the first three months of 2022, blaming it on low seasonal traffic, Omicron, and...
Alaska Airlines hits record-high revenues in March

Alaska Airlines hits record-high revenues in March

by Richard Schuurman | Apr 21, 2022 | Airlines | 0 comments

UPDATE – Another US airline to report record-high revenues in March is Alaska Airlines. Like American Airlines, Alaska’s revenues for the month exceeded 2019 levels for the first time since the start of the pandemic, the airline said on April 21 in its Q1...
American expects profit in Q2 but doesn’t look further yet

American expects profit in Q2 but doesn’t look further yet

by Richard Schuurman | Apr 21, 2022 | Airlines | 0 comments

American Airlines is not as outspoken on its full-year guidance as United Airlines but is nevertheless positive that in the short-term, it will return to profitability during the second quarter, it said on April 21. The first quarter produced a $1.6 billion net loss,...
Delta Airlines leaves Omicron behind it with March profit

Delta Airlines leaves Omicron behind it with March profit

by Richard Schuurman | Apr 13, 2022 | Airlines | 0 comments

UPDATE –  Delta Airlines returned to profitability in March after rebounding strongly from the first two months that were impacted by Omicron. As such, the Q1 results that it presented on April 13 are in line with the predictions from two months ago at the FY21...
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