UPDATE – The recovery of air travel remains so fragile and financial headwinds are so strong that Ryanair only can say that it hopes to return to “reasonable profitability” in the current FY23. Close-in bookings, low fares, high fuel prices, and significant...
High fuel costs, inflation, new Covid variants, and political and economic uncertainties could be showstoppers, but Emirates expects to return to profitability in the current FY2022/2023. The Dubai-based airline reported its second net loss in a row for FY2021/2022,...
The Brazilian carrier Azul Linhas Aéreas released its 2022 first-quarter results, and we can say Azul began the year with profitability, posting a net income of 2.65 billion reais (around US$518 million). Moreover, the airline expects to achieve an all-time operating...
With further signs of recovery visible, All Nippon Airways (ANA) expects to return to profitability again in the new financial year 2022. The Japanese carrier will try to maximize revenue by capturing recovering passenger demand, strengthening its position in the...
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