UPDATE April 26 – Engine makers Pratt & Whitney and GE Aerospace are seeing progress made within the supply chain, with parts production and inventory improving in the first quarter. But overall, the supply chain remains challenging from the performance and...
Thursday saw two more FY22 earnings releases from US airlines: JetBlue and Alaska Airlines. JetBlue reported a full-year net loss of $-362 million, while Alaska’s profit was a small $58 million. What’s behind these numbers? JetBlue and Alaska Airlines positive about...
easyJet expects to significantly reduce its HY1 losses this financial year 2023, based on continued strong demand for tickets and package holidays. The low-cost airline benefitted from strong bookings in its first quarter (October-December), reducing the pre-tax...
Despite “solid momentum” and “a significant decrease of its adjusted operating loss” in Q4, Air Transat’s parent company Transat AT ended FY22 with a deeper net loss compared to the previous year. The Canadian group reported a loss of C$-445.3 million for the...
Etihad Airways is happy about its 2021 results, which despite another core operating loss show evidence of recovery, especially in the second half-year. The Abu Dhabi airline produced another positive EBITDA, it reported on March 1. Etihad positive for 2022 after...
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