UPDATE – Lufthansa Group returned to profitability in 2022 and has left the Covid-crisis behind it. The airline group reported a consolidated net profit of €791 million, which puts its ahead of its main European rivals Air France-KLM (€728 million) and...
Air Canada returned to profitability in the final quarter of 2022, producing its first profit since Q4 2019. Although the full year was still loss-making, the carrier more than halved its net loss. The airline is expecting a “solid demand environment in 2023”, to...
Wizz Air is fully focused on improving operational performance in its next financial year 2024, which starts on April 1. It wants to get utilization hours back to pre-pandemic levels and eliminate any cost disadvantages to get unit costs down, in order to return to...
airBaltic reduced its net loss for the first nine months of 2022 by half, thanks to the recovery of air travel in the past months. But the airline from the Baltic States is feeling the effects of the war in Ukraine and the geopolitical effects in the region. airBaltic...
Malaysian low-cost airline AirAsia X expects to return its network to pre-pandemic levels in early 2023. The carrier will announce a number of new routes soon and plans to grow its active fleet from six Airbus A330s now to thirteen in the first half of next year, it...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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