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Operating profit Singapore Airlines reaches new high

Operating profit Singapore Airlines reaches new high

by Richard Schuurman | Nov 4, 2022 | Airlines | 0 comments

Singapore Airlines reported record-high operating profits for its second quarter and HY1, in line with the results at many other airlines in the last few weeks. SIA’s recovery accelerated further in the second quarter (June-September) on the back of a strong Q1 and is...
Japan Airlines’ operating result is back in the black

Japan Airlines’ operating result is back in the black

by Richard Schuurman | Nov 1, 2022 | Airlines | 0 comments

The steady recovery of air travel in and to Japan helped Japan Airlines (JAL) to report its first operating and net profit in Q2 of its financial year 2022. But the six-month result still shows a net loss. As such, JAL performed worse than its rival ANA. Japan...
TAP Portugal improves but net income still negative

TAP Portugal improves but net income still negative

by Richard Schuurman | Aug 23, 2022 | Airlines | 0 comments

On the back of a strong second quarter, TAP Portugal reported improved results and reduced losses for the quarter and first six months. But the airline is still in restructuring and needs state support, although it is considering refinancing its debts, it said on...
Singapore Airlines’ operating profit at near-record

Singapore Airlines’ operating profit at near-record

by Richard Schuurman | Jul 28, 2022 | Airlines | 0 comments

Airline results continue to show sharp contrasting fortunes these months, with deep losses suddenly changing for record profits. Singapore Airlines is no exception. It reported a $556 million net profit in the first quarter of the fiscal year 2022/2023, the...
Etihad reports ‘historic’ operating profit in HY1

Etihad reports ‘historic’ operating profit in HY1

by Richard Schuurman | Jul 28, 2022 | Airlines | 0 comments

Etihad Airways has returned to profitability in the first six months of 2022, reporting a $296 million core operating result. The airline, known for its deep losses, continued its upward trend that started in the second half of last year. Etihad reports...

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