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…
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 second-highest…
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…
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 million). Volaris’…
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…
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…