In 2021, the Mexican low-cost carrier Volaris increased its operating revenues by 30%, showing incredible resilience, as Volaris emerged strongly from the COVID-19 pandemic. Moreover, Volaris finished last year with a net income worth MXN$2,121 billion (over US$103...
Rolls-Royce has produced its first operating profit since 2019, reporting a £414 million underlying operating result for 2021. The engine maker has completed a long and painful restructuring that has reduced its Civil Aerospace unit in size by one-third. It expects to...
Thai Airways International managed to reduce its operating loss for the first nine months of 2021, despite a decline in revenue due to new COVID-19 outbreaks in Thailand, coupled with ongoing international travel restrictions related to the pandemic. Operating loss...
Lufthansa has turned the corner on losses and produced its first operating profit since the start of the pandemic in Q3. The airline group reported a €272 million Adjusted EBIT excluding restructuring costs, a huge improvement over the €1.204 billion loss for the same...
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