Despite reporting its strongest revenue performance in the first quarter of fiscal 2023, resulting in the highest ever quarterly earnings of Rs 130.2 billion ($1.64 billion), Delhi-based low-cost airline, IndiGo, reported a net loss of Rs 10,643 million ($ 134343...
The GAMA first quarter 2022 shipments and billings report for the General Aviation sector, including business aircraft, was released last week. That report shows mixed results, with growth in the number of aircraft delivered, but a shortfall in revenue compared to...
International Airlines Group (IAG) is expecting to return to profitability in the second quarter and produce operating results and operating cash flows that will be “significantly positive” for the rest of 2022. That will come after a loss-making first quarter and...
It’s just a S$76 million operating profit, but Singapore Airlines produced its first profit since the start of the pandemic in 2020. In the third quarter of FY21/22, the airline benefitted from more passenger traffic on its vaccinated travel lanes (VTL) as well as...
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