Mixed fortunes on the Arabian peninsula: whereas loss-making Oman Air announced a deep restructuring this week, Sharjah-based Air Arabia Group reported a record profit for Q2 on August 11. While this includes a one-off benefit, demand in the region has been…
Not just Americans are going abroad this summer, so do Canadians. Air Canada reported revenue growth for Q2 of 36 percent compared to last year, of which seventy percent has come from the international network. Air Canada Vacations saw high demand…
Israel’s national carrier El Al is in serious negotiations with Airbus about a potential order for thirty A321neo aircraft, Reuters reported on Thursday. The airline issued a request for proposals to both Boeing and Airbus for the renewal of its narrowbody…
airBaltic can look back on a very good second quarter and first half year, as the airline from the Baltic States presented a significant improvement in its results. The carrier turned around a deep loss and produced its highest-ever HY1…
Turkish Airlines reported a strong second quarter, with an operating profit up 49.8 percent year on year to $794 million. The HY1 profit was up by 31 percent to $908 million, thanks to 25 percent higher revenues, the airline said…
Cathay Pacific has returned to profitability for the first time since the pandemic, reporting a HK$4.763 billion net profit for the first half year of 2023. The carrier recovered strongly after travel restrictions in Hong Kong and China were lifted,…