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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,...
United expects full-year profit thanks to persistent demand

United expects full-year profit thanks to persistent demand

by Richard Schuurman | Apr 20, 2022 | Airlines | 0 comments

UPDATE – United Airlines is bullish about its future outlook and expects to return to full-year profitability again in 2022. It reported a $1.4 billion loss for Q1 on April 20, but Q2 is promising to produce a robust operating revenue. United expects full-year...
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...
Philippine Airlines returns to profit after restructuring

Philippine Airlines returns to profit after restructuring

by Richard Schuurman | Apr 7, 2022 | Airlines | 0 comments

In a year of deep restructuring and debt-shedding, Philippine Airlines has turned a loss into a solid in 2021. The carrier reported a Ps 60.6 billion net profit after tax, compared to a Ps 73.1 billion loss in the previous year, it reported on April 6. Philippine...
BOC Aviation happy with higher profit but worried about Russia

BOC Aviation happy with higher profit but worried about Russia

by Richard Schuurman | Mar 10, 2022 | Aerospace, BOC | 0 comments

UPDATE – Lessor BOC Aviation said that eighteen aircraft with a book value of $935 million may be affected by the sanctions on Russia. It is too early to say if this means that it won’t be able to repossess these aircraft, but every option must be taken into...
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